EGRAG is a veteran market analyst who expects VeChain’s (VET), depending on whether the token has risen or fallen, to rise either 58x to $0.9 from its low cycle price of $0.9 OR 146x up to $2.4. next Directions from Here
A market analyst revealed his view in a report on X Today. VeChain’s movement is shown by the accompanying graph. mild uptrend The price has dropped to $0.04 despite a recent correction in the market.
VET surged initially 97%, from a low $0.02612 in Jan. 23, to a peak of $0.05145 on last Friday. However, the bears resisted and VET stalled. The resistance caused the current correction. VeChain is hedging any dips under the $0.04 area.
EGRAG believes that VET will experience a bull-run rally of explosive proportions. Analysts believe that the cryptocurrency asset can take two different paths. The path VeChain What direction the price of the stock is expected to move in will determine the course that it takes.
#VET You can choose between 50x or 140x! 😎🫡💥:
A) We will be pleased to see an increase in percentage similar to “Move A,” If you win, then the 50X multiplier is in effect.
A) We will see a similar percentage rise to “Move B,” If you are playing 140X, then it is possible to win.
Which scenario do you think is more plausible, possible, and probable?… pic.twitter.com/3A85sgidek
— EGRAG CRYPTO (@egragcrypto) February 22, 2024
VeChain could grow 58x, or even 146x
EGRAG chart reveals historical context and shows that VeChain has experienced similar price fluctuations dubbed “Move A” You can also find out more about the following: “Move B” In the past. VeChain reacted to Move A by soaring up to $0.0279 per VeChain in July 2018. In the meantime, VeChain recorded Move B in the midst of a rally up to $0.0279. ATH of $0.2798 In April 2021,
EGRAG estimates that if VET follows Move A’s movements, it would rise to 0.9161, representing a 5.836% increase or 58x from the low cycle price of $0.0154. VeChain could reach a price of $2.4128 if it follows Move B. This would represent a 14.628% increase or 146x from its cycle low.
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Analysts are confident in their conclusions. VET You can also find out more about us on our website. “unlock financial chains,” The token’s future is uncertain. VET is currently trading at $0.04453, an increase of 2.60% in the past 24 hours. Assets are waiting for a market revival to test the $0.50 area.
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You can also find out more about us on our website.Please note that this content is provided for your information only. financial advice. These views are not necessarily those of the author. article The opinions expressed by the authors are their own and not necessarily those of The Crypto Basic. The Crypto Basic encourages readers to conduct thorough research prior to making investment decisions. The Crypto Basic does not take responsibility for any wrongful acts. financial losses.
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