VeChain’s (VET) pending trademark covers multiple innovative financial offerings

December 18, 2023 12:23 AM AEDT | By Invezz

VeChain’s (VET) pending trademark covers multiple innovative financial offerings — Image source: Invezz

VET price forecast – a possible 150% jump

VeChain’s price maintained steady uptrends amidst the latest broad-based rally. The altcoin surged over 45% within the previous month. Meanwhile, some analysts believe VET will extend its uptrends in the upcoming weeks.

Crypto analyst Ali Martinez revealed that VET is printing a consolidation phase seen between 2018 & 2020. Such a development could push VeChain prices past the resistance level at $0.033 in the coming two weeks.

#VeChain, the forgotten Chinese #Ethereum, appears to mirror the consolidation phase we saw in 2018-2020!

If so, $VET could break through the $0.033 resistance barrier within the next two weeks. The upswing could send #VET to $0.077 by late January. That's a 150% price increase! pic.twitter.com/5E2g76H7yG
— Ali (@ali_charts) December 15, 2023

Martinez believes VET could climb to $0.077 come January 2024, translating to an impressive 150% value increase.

Besides Martinez, renowned chartist EGRAG expects VET to skyrocket 7,500% yo $2.3. He highlighted the alt’s prolonged downtrend, which mirrors the journey to 2021 record highs.

VeChain (VET) Set To Explode: Analyst Predicts 7,500% Rally To $2.3
Popular crypto analyst EGRAG just predicted a massive 7,500% rally that will send VET soaring to $2.3. VeChain (VET) is currently trading at $0.02945, but according to this analyst, the crypto is set for a price…
— Long live crypto$ (@WorstLuckBrian) December 17, 2023

EGRAG described VeChain as the project that “will unlock your financial chain.”

The post VeChain’s (VET) pending trademark covers multiple innovative financial offerings appeared first on Invezz

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