- Analyst predicts VeChain’s massive rebound as price nears key level.
- New staking feature boosts VeChain’s growth and investor confidence.
- VET correction signals potential rally toward the $0.12 target.
Crypto analyst Michaël van de Poppe has described VeChain (VET) as one of the altcoins presenting a “lifetime opportunity” for investors. According to the analyst, VET’s current trading level shows potential for a strong rally supported by both fundamental and technical indicators.
He explained that VET is positioned at a promising price zone, currently trading around $0.0169, which he considers a key area for accumulation. Despite the recent decline, Van de Poppe believes the token remains undervalued when compared to its underlying growth.
He stated that the gap between VeChain’s real value and the market environment was created by macroeconomic challenges affecting the wider crypto market.
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Ecosystem Growth Strengthens Bullish Outlook
According to Van de Poppe, the VeChain ecosystem continues to strengthen through new developments such as the Stargate staking feature, which allows users to stake VET and earn rewards in VTHO. He noted that this feature promotes decentralization and network security, adding that such progress could drive long-term demand for the token.
From a technical standpoint, Van de Poppe highlighted that the 1.618 Fibonacci level served as the foundation for VET’s previous price rally. Based on this historical trend, he suggested that the cryptocurrency could repeat a similar movement, with a potential target of $0.12 in the coming months.
The analyst maintained that while VET’s price performance has struggled due to broader market pressures, its ongoing ecosystem growth supports a positive outlook. He concluded that the current correction of about 70 % may represent an opportunity for investors ahead of a possible price rebound.
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