VeChain price eyes bullish setup as Valour launches new VET ETP

  • VeChain price tapped 1D Order Block, hinting at bullish market structure shift.
  • Valour launched a VeChain ETP, expanding its $700M digital asset lineup.
  • Crypto.com added custody support for institutional clients in VET and VTHO.

Crypto analyst Crypto Patel has identified a potential long setup for VeChain (VET/USDT). His analysis shows that the token recently swept sell-side liquidity and tested the daily Order Block. This technical move signals a possible start of a bullish market structure shift.

The suggested trade plan sets an entry level at $0.02491 and a stop loss at $0.02278. The upside targets are placed at $0.02587, $0.02725, the previous monthly high, and $0.02955, which represents external liquidity.

Patel noted that confirmation of the structure shift is needed before entering the trade, and he advised traders to track liquidity draws for precise execution.

Valour Expands Product Lineup with VeChain ETP

Valour, a European digital asset issuer, has added VeChain (VET) to its exchange-traded product lineup. The firm manages over $700 million in assets and already offers products linked to Bitcoin, Ethereum, Solana, and Cardano. The new product will allow investors to gain exposure to VET through regulated investment channels.

The company distributes its products through funds, pension schemes, and retail brokers. VeChain’s addition to its suite of offerings reflects growing institutional access to enterprise-focused blockchains.

VeChain’s network operates on VeChainThor, which uses a dual-token system with VET for value transfer and VTHO for transaction costs.

Institutional Access and Enterprise Tools

VeChain’s design focuses on enterprise applications such as supply chain tracking, product verification, and secure data sharing. It uses a Proof-of-Authority consensus system to ensure efficiency, low energy use, and fast transaction settlement.

The network also offers ToolChain, a blockchain-as-a-service platform, which simplifies adoption for businesses.

Institutional access to VeChain continues to expand. Crypto.com partnered with the VeChain Foundation to add custody support for both VET and VTHO. This integration gives enterprises and high-net-worth clients access to secure, regulated custody solutions.

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.

Hot this week

XRP Maintains $1.33-$1.43 Daily Range as Liquidity Builds

XRP trades between $1.33 support and $1.43 resistance daily. Liquidity...

Solana Eyes $100 as Price Consolidates Above $86 Support Zone

Solana consolidates near $86 support, building pressure for a...

Bitcoin Signals 100% Accurate Buy Zone Highlighted by Crypto Patel

Bitcoin’s realized price at $54,400 historically marks a cycle...

HYPE Price Hits $56 as Market Eyes Generational Breakout

HYPE trades near $56, testing key overhead resistance level. Breaking...

Bitcoin Exchange Reserves Drop to Lowest Level Since 2017

Bitcoin exchange reserves fall to 5.8%, lowest since November...

Topics

XRP Maintains $1.33-$1.43 Daily Range as Liquidity Builds

XRP trades between $1.33 support and $1.43 resistance daily. Liquidity...

Solana Eyes $100 as Price Consolidates Above $86 Support Zone

Solana consolidates near $86 support, building pressure for a...

Bitcoin Signals 100% Accurate Buy Zone Highlighted by Crypto Patel

Bitcoin’s realized price at $54,400 historically marks a cycle...

HYPE Price Hits $56 as Market Eyes Generational Breakout

HYPE trades near $56, testing key overhead resistance level. Breaking...

Bitcoin Exchange Reserves Drop to Lowest Level Since 2017

Bitcoin exchange reserves fall to 5.8%, lowest since November...

Ethereum Holds $2K Support as Whales Accumulate 80K ETH

Ethereum price holds strong support near $2,070 while accumulation...

Bittensor (TAO) Eyes Breakout Toward $273 in Bull Run Setup

Bittensor TAO trades near $238 after clearing the key...

Dogecoin Price Flashes Bullish Reversal After Rare Chart Pattern

Dogecoin forms Morning Doji Star pattern signaling possible bullish...
spot_img

Related Articles

Popular Categories

spot_imgspot_img