- VeChain (VET) bullish signals ignite optimism among traders and analysts.
- One trader anticipates VET to hit 50X or 140X explained in detailed chart analysis.
- The blockchain’s positive weeks, record transactions, and token spikes fuel enthusiasm.
In the crypto realm, VeChain (VET) is currently basking in the sunshine of positive predictions and bullish sentiments from crypto traders and analysts. The community’s optimism has surged as VeChain experiences its first-ever weekly ‘Golden Cross,’ a significant bullish signal indicating potential upward price movement.
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In addition, Ergag Crypto, a renowned analyst, has taken a deep dive into VeChain’s potential, presenting a detailed analysis accompanied by a chart. In his assessment, Ergag Crypto speculates that VET has the potential for a remarkable surge, suggesting it could either experience a 50X or 140X increase in value.
Ergag Crypto outlines two possible scenarios for VeChain’s future trajectory. In Scenario 1, if the percentage increase aligns with “Move A,” a 50X surge could be on the horizon. In Scenario 2, a percentage increase akin to “Move B” might propel VeChain to an astounding 140X growth.
VeChain’s recent weeks have been marked by positive developments, including significant partnerships and a surge in record-breaking transactions on its blockchain. Both native tokens, VeChain (VET) and VeThor (VTHO), have witnessed substantial price increases, with VET soaring by over 30% and VTHO experiencing a remarkable 100% surge.
The VeFam community eagerly anticipates new all-time highs for both assets, reflecting the overall bullish sentiment surrounding VeChain. As exciting times unfold for VeChain, the crypto world eagerly awaits the unveiling of major news expected at the end of the month, further fueling positive expectations for the blockchain’s future.
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