Vtho
Vechain (VET) Symmetrical Triangle Forming to $30 cents.Since my last call on April 4th VeChain (VET) has been up over 150% in the past two weeks. I knew VeChain (VET) wouldn't be trading at $0.10 cents for too long considering what VeChain is, the current market sentiment, and the global supply chain & logistics problems they're revolutionizing. If we breakout of our symmetrical triangle to the upside I believe we will retest $0.28 cents. If not I expect us to hold steady above trading at $0.20 cents. For the past 2 weeks we've also been producing higher lows.
To put things in a quick perspective according to research and consulting firm Armstrong & Associates Inc. The global logistics market was $9.6 trillion in 2018 and is expected to surpass $12 trillion by 2023. If VeChain we're to even capture 1% of a $12 trillion global logistics market that would put Vechain at a $120 billion from it's current $15 billion market cap. That's not even counting the monumental capital coming into the cryptocurrency markets. VeChain is the first mover in when it comes to supplychain blockchain technology. So when big corporations are looking to utilize cryptocurrency technology to replace antiquated logistics systems VeChain will most likely be at the discussion table. Bitcoin and Ethereum aren't specifically solving logistics and supply chain problems when it comes to enterprise.
It seems like VeChain is making strides to capturing a significant portion of the global supply chain & logistics industry everyday. The Internet of Things (IOT) is upon us. I've been saying that VeChain to a $1 is a very real possibility this cycle. Much peace, love, health, and wealth!
VeThor Token | What's Next? It has been a while. And just wow, VeChainThor and VeThorToken surged massively in such a short timeframe 🔥 $VET with 750% + gains in the last 90 days, and $VTHO with a whopping 2500% + gains in the last 90 days (CoinMarketCap). While $VET was just continuing its uptrend, $VTHO had a cool-down period at the end of March and beginning of April. Since then, it recovered with an ascending triangle which broke on April 15th. Thereafter, $VTHO reached a new All-Time High at around $0.0285 two days later. But massive gains are always being followed by corrections. Today we experienced a little correction for the whole crypto market. However, as of this moment $VET & $VTHO pairs are looking to recover pretty quickly. In addition, both are still in an uptrend, with higher lows at all times. What’s next? 👀 And if you are a VeChain holder, make sure you have secured a VeThor bag as well 😉