- Price breakout signals strong buyer interest above $0.026 support level.
- VeBetter rewards 20M real-world actions with verified blockchain tokens.
VeChain (VET) is gaining attention after a technical breakout above a key resistance level. Technical data shared by Morecryptoonl shows VET has broken above the $0.026 level, confirming a bullish structure.
The 4-hour chart displays an impulsive wave formation, with the current move forming a possible wave (iii). Analysts report that immediate micro-support lies between $0.023 and $0.025, a zone that must hold for further upside.
If maintained, the next resistance levels are set at $0.031 to $0.034. Fibonacci extensions project higher targets at $0.0345 and $0.0378. The Elliott Wave setup suggests continued upward movement if consolidation forms near the breakout level.
VeBetter Brings Blockchain to Real-Life Use
The VeBetter platform is changing how blockchain interacts with daily behavior. Over 20 million real-world actions, including gym visits, sustainable shopping, and reusable cup use, have been recorded. These actions are verified and tokenized on-chain, offering users real utility rather than speculative value.
VeChain has emphasized that blockchain adoption thrives on usefulness, not complexity. By rewarding lifestyle choices, the VeBetter platform provides a tangible link between everyday activity and digital engagement. The goal is to move crypto beyond abstraction into daily relevance, enabling broader adoption through simplicity and impact.
CoinCryptoNewz previously reported that VeChain launched its first cross-chain bridge with Wanchain, linking VeChainThor to over 40 blockchains. Alongside this, its StarGate staking platform secured over $100M in TVL within a week. These developments highlight strong adoption, ecosystem growth, and potential bullish momentum for VET in the near term.
Current VET Price and Market Position
At the time of writing, VeChain (VET) is trading at $0.02738, reflecting a 2.21% decline over the past 24 hours. Despite the slight pullback, the bullish technical structure remains intact above the $0.026 breakout level.
Analysts note that consolidation near this price may precede another upward move, with the $0.031 to $0.034 zone as the next immediate target. Support at $0.023–$0.025 will be key to sustaining bullish momentum in the coming sessions.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
