Vechain (VET) price heading to surprisingly high targets

In this article we analyze Vechain (VET), a blockchain platform specialized in supply chain management. This technical analysis from our premium environment provides insight into VET’s recent price movements and what they could mean for the future of crypto.

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Technical analysis of Vechain price (VET).

Crypto Insiders analysts recently published a new VET analysis in the premium environment. They explained the following:

“VET recently reached our green buy zone, which is between $0.016 and $0.0165, and has since started an uptrend, just as we expected.

This price trend fits into an upward 12345 Elliott Wave pattern, where we also see a 12345 Elliott Wave pattern within the wave. It is noteworthy that within this pattern, the second wave has reached exactly the 50% Fibonacci level, which is additional confirmation that this pattern is forming.

Given these developments, we expect the uptrend to continue, with targets expected to be well above $0.026. This expected growth is based not only on Elliott Wave analysis, but also on Fibonacci levels, which we monitor closely. We will keep a close eye on developments in the Premium environment and share updates.”

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Date of analysis: November 25th. Link to trading view:

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