{"id":603678,"date":"2024-11-24T12:49:16","date_gmt":"2024-11-24T12:49:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=603678"},"modified":"2024-11-24T12:49:16","modified_gmt":"2024-11-24T12:49:16","slug":"vechain-price-prediction-vet-surges-18-as-fomo-builds-around-pepe-unchained-presale-amid-coinbase-listing-speculation","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/vechain-price-prediction-vet-surges-18-as-fomo-builds-around-pepe-unchained-presale-amid-coinbase-listing-speculation","title":{"rendered":"VeChain Price Prediction: VET Surges 18% As FOMO Builds Around Pepe Unchained Presale Amid Coinbase Listing Speculation"},"content":{"rendered":"

The VeChain price has surged 18% in the last 24 hours to trade at $0.04306 as of 7:59 p.m. EST on trading volume that skyrocketed 202% to $749 million, according to CoinGecko. <\/span><\/p>\n

VeChain Price On A Sustained Rally<\/b><\/h2>\n

The <\/span>VeChain price<\/span><\/a> has experienced a sustained bullish parabolic rise (black channel) after a rising channel pattern, with a sharp upward move indicating strong buyer interest.<\/span><\/p>\n

The continued rally can be confirmed by both the 50-day and 200-day Simple Moving Averages (SMAs), which is also an indication that the bulls have full control of the price.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) is in the overbought zone at 70, suggesting that the asset has been heavily bought recently. This could indicate potential cooling off or consolidation in the near term, although strong trends can remain overbought for an extended period.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) is in a strongly bullish phase, with the blue MACD line sharply above the orange signal line. The growing histogram bars also indicate increasing bullish momentum.<\/span><\/p>\n

\"VeChain<\/p>\n

VET\/USDT Chart Analysis (Source: Tradingview)<\/span><\/i><\/p>\n

VeChain Price Prediction<\/b><\/h2>\n

The VET\/USDT chart analysis on the 4-hour timeframe shows that the asset has been in a continued upward trend, confirmed by the recent parabolic curve pattern. The bulls aim to capitalize on the main indicators, including the RSI and MACD to keep the price soaring.<\/span><\/p>\n

If the VET price bulls maintain the current trend, the price of VeChain could soar to the next possible target and resistance at $0.055.<\/span><\/p>\n

However, if the bears move to cool off the recent upward trend, the VeChain price could plunge back to the 50-day SMA at $0.0330.<\/span><\/p>\n

As the VET price bulls aim for a sustained bullish rally, investors are going all-in on the <\/span>Pepe Unchained ($PEPU)<\/span><\/a> presale, which has less than 19 days left.<\/span><\/p>\n

Whale investors continue to pile into the project, with the two latest mega buys for <\/span>$220K<\/span><\/a> and <\/span>$100K<\/span><\/a>. <\/span><\/p>\n

YouTube channel 99Bitcoins, with over 706K subscribers, says PEPU has the potential to turn $1k into $10k after launch.<\/span><\/p>\n