{"id":52281,"date":"2025-05-12T16:17:47","date_gmt":"2025-05-12T16:17:47","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/is-vet-poised-for-a-300-surge\/"},"modified":"2025-05-12T16:17:47","modified_gmt":"2025-05-12T16:17:47","slug":"is-vet-poised-for-a-300-surge","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/is-vet-poised-for-a-300-surge\/","title":{"rendered":"Is VET poised for a 300% surge?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/vechain-vet-price-rocket-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/vechain-vet-price-rocket-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/vechain-vet-price-rocket-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/vechain-vet-price-rocket-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>VeChain\u2019s price rose as Bitcoin broke past $105k.<\/li>\n<li>As the crypto market rallies in response to tariffs-related news, VET is poised.<\/li>\n<li>Technical indicators suggest VET price could pump to $0.090 or higher.<\/li>\n<\/ul>\n<p>The cryptocurrency market pumped on Monday, with Bitcoin breaking to highs above $105k as risk assets gained on news of a US-China trade deal.<\/p>\n<p>Amidst this optimism, <a href=\"https:\/\/coinjournal.net\/vechain\/\">VeChain (VET)<\/a> price gained by about 7% as the altcoin reached highs of $0.034 for the first time since mid-February.<\/p>\n<p>VET mirrored the pumping that had most altcoins in green, and the Dow Jones Industrial Average was up more than 1,000 points on open.<\/p>\n<h2>VeChain price surges amid upward market trend<\/h2>\n<p>As the broader market\u2019s upbeat mood helped top coins higher, VeChain demonstrated its resilience as VET extended gains to a multi-month peak.<\/p>\n<p>Bulls defying recent downward pressure could indeed see the cryptocurrency explode.<\/p>\n<p>According to CoinMarketCap, VET is currently trading at $0.033, with the price up 32% in the past week and 44% in the past month.<\/p>\n<p>The gains mirror robust underlying upside momentum for BTC and alts.<\/p>\n<p>VeChain indeed suggests an extended gain, given bulls have broken out of a key technical pattern on the weekly time frame.<\/p>\n<p>The technical outlook for VeChain and broader market expectations suggest buyers may be just getting started.<\/p>\n<p>Earlier, analysts at Santiment said the US-China deal could be huge for the markets. VeChain will ride any upward momentum.<\/p>\n<p>\u201cIf this deal indeed does immediately reduce the impacts on exporters &amp; importers for both countries, we should see an instant bullish impact on all markets,\u201d the analysts stated.<\/p>\n<h2>VET price: Is a 300% pump next?<\/h2>\n<p>The price of VET on the weekly chart suggests bulls have broken out of the falling wedge pattern formed since the dip from $0.069.<\/p>\n<p>A closer look at the weekly chart reveals a potentially bullish continuation.<\/p>\n<p>Other than the falling wedge breakout, VET price shows the Relative Strength Index (RSI) is pointing up as it hovers near 53.<\/p>\n<p>This indicates the coin is neither overbought nor oversold.<\/p>\n<p>Room for bulls to attack resistance levels is there.<\/p>\n<figure id=\"attachment_307381\" aria-describedby=\"caption-attachment-307381\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-307381 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/vet-usd-price-chart.png\" alt=\"\" width=\"1057\" height=\"546\"\/><figcaption id=\"caption-attachment-307381\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/VETUSD\/\">VeChain chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>Meanwhile, the Moving Average Convergence Divergence (MACD) is also signalling a potential bullish crossover.<\/p>\n<p>Currently, the MACD line is just about to cross above the signal line.<\/p>\n<p>If this happens, the VeChain price could extend its upward momentum.<\/p>\n<p>Previously, VET surged from lows of $0.020 to reach highs of $0.08.<\/p>\n<p>The vertical performance also came after a falling wedge pattern breakout in October 2024.<\/p>\n<p>If VeChain repeats this, gaining by over 300%, bulls could hit $0.094 or higher.<\/p>\n<p>A break to the psychological $1 is possible in this scenario.<\/p>\n<p>On the flipside, $0.024 and $0.020 will be key support zones.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/vechain-price-prediction-is-vet-poised-for-a-300-surge\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) VeChain\u2019s price rose as Bitcoin broke past $105k. As the crypto market rallies in response to tariffs-related news, VET is poised. Technical indicators suggest VET price could pump to $0.090 or higher. The cryptocurrency market pumped on Monday, with Bitcoin breaking [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":52282,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52281"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52281"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52282"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}