Like most other cryptos, VET has been trading alongside a bearish trendline for over three months. Recently, VET broke through said trendline and is regaining ground rapidly.
Assuming that BTC will stay at least neutral, I'm expecting VET to trade higher in the coming week. First target is the most recent local top, expect some selling pressure around that area.
In case BTC will target $46000+ over the coming days, VET might even rise further towards the second local top around $0.0825
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.