VeChain (VET) Bullish Channel Break Propels Price Toward $0.02722 Target

VeChain (VET) has demonstrated a strong rebound since early August, rebounding from lows near $0.02220 and currently consolidating at $0.02503 within a rising channel on the 4-hour chart. Price remains above the channel midline at $0.02480, with the daily structure showing a move from the 0.236 Fibonacci retracement at $0.02190 toward the 0.5 retracement at $0.02696. The clean break above the July downtrend has flipped the sentiment to bullish, signaling potential for further gains [1].

Bullish momentum is supported by technical indicators, including EMA alignment where EMA20 is positioned at $0.02464 above EMA50 at $0.02428, creating a favorable stacking for upward movement. Additionally, the 4-hour chart shows the Supertrend remaining bullish above $0.02381, reinforcing the lower channel boundary as high-confluence support [1].

The immediate resistance level of $0.02566 is seen as a critical breakout trigger. A decisive close above this level could propel VET toward $0.02696 and eventually to $0.02722, where the 0.618 Fibonacci retracement converges with historical resistance. The DMI indicators suggest that while the trend is still in early development, with +DI at 17.24 and -DI at 17.14, ADX at 16.88 indicates that trend strength remains modest and volume expansion is necessary to accelerate the move [1].

On the 30-minute chart, price is positioned just below VWAP at $0.02521, with liquidity concentrated above at $0.02696–$0.02722 and below at $0.02381–$0.02350. This confluence of support and resistance zones makes the next 24 hours critical for determining whether the bullish bias will continue [1].

Looking ahead, analysts have projected a long-term upward trend for VET, with the price potentially reaching $0.02722 by the end of 2025. According to the provided forecast, the minimum, average, and maximum price levels are expected to range from $0.02220 to $0.04500 between 2025 and 2030. For 2025 specifically, VET is expected to average $0.02500 with a maximum target of $0.02722 [1]. In 2026, if the price can maintain above $0.02600, it may rally toward $0.03000. Sustained bullish momentum could see the price reach $0.03450 in 2027 and $0.03800 in 2028 [1].

The adoption trends and broader market conditions are expected to play a pivotal role in shaping the price trajectory. If these remain favorable, VET may test $0.04100 in 2029 and potentially reach $0.04500 in 2030 [1].

Currently, VET’s bullish setup remains intact as long as the price holds above $0.02480. A close below $0.02381 would undermine short-term momentum and increase the risk of a deeper correction toward $0.02220. Traders are advised to monitor VWAP positioning and volume at resistance levels for confirmation of the next significant move [1].

According to analyst forecasts, VET’s breakout from the July downtrend, combined with rising channel structure, bullish EMA stacking, and spot inflows from accumulation, supports the potential for a rally toward $0.02722. The next 24 hours will be crucial in determining whether this target can be achieved [1].

Source: [1] VeChain (VET) Price Prediction 2025–2030: Will VET Hit $0.02722 Soon? (https://coinmarketcap.com/community/articles/6898df454aa6a72cbd7c7559/)