VeChain Nears Breakout as Analysts Eye Major Altcoin Potential

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Analysts view VeChain’s steady development and deflationary tokenomics as signs of long-term growth potential despite weak markets.

Technical analysts believe VeChain’s price below $0.02 mirrors past accumulation zones that preceded major bullish breakouts.

VeChain’s ecosystem growth, rising transaction volumes, and upcoming Hayabusa merge could fuel renewed investor optimism and demand.

VeChain (VET) is holding steady even as the wider crypto market slows down. As of writing, VET is trading at around $0.017 with a daily trading volume of about $28.8 million, showing only a small 0.49% dip. Despite the mild drop, experts think this could be a good moment for long-term investors to quietly buy more before the next big move.

Analysts See Growing Strength in VeChain

According to crypto analyst Michaël van de Poppe, VeChain continues to impress with steady development, even in bearish conditions. He explained on X that “$VET is knocking on the door to be added to my altcoin portfolio… VeChain keeps building despite negative sentiment.” Van de Poppe noted the project’s strong fundamentals, including improved tokenomics, reduced VTHO inflation, and higher staking rewards for participants.

Besides, he emphasized that transaction volumes are rising, and new decentralized applications (dApps) are boosting activity across the VeChain ecosystem. These developments make the tokenomics more deflationary—similar to Ethereum’s model—while supporting sustainable growth. Furthermore, he believes the Hayabusa mainnet merge could spark renewed optimism.

From a technical angle, Van de Poppe pointed out that VeChain is currently undervalued, trading below $0.02, its lowest since 2023. He compared the setup to the COVID-19 crash, calling it a potential repeat of that major buying opportunity. Reclaiming $0.021, he said, could confirm strength and trigger a rally toward $0.12.

Technical Indicators Signal a Turning Point

Adding to the bullish view, analyst Brain2jene observed on X that VeChain’s BTC pair may be nearing a major reversal. “We’ve been in a bear market for about 54 months, and last week’s flush likely marked the bottom,” he stated

A monthly close above 30 sats would confirm the trend shift, while a Stochastic RSI crossover on the monthly chart signals that momentum could soon swing upward. Moreover, he noted that if liquidity continues to flow from Gold and Bitcoin, VeChain could quietly build up strength before a larger breakout.

The post VeChain Nears Breakout as Analysts Eye Major Altcoin Potential appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

VET0.46%
VTHO-0.9%
BTC0.8%
ETH0.91%
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GateUser-549dbb1bvip
· 10-24 15:19
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