VeChain: VET Rises 15% In 30 Days, Can It Hit $0.030 This Week?
VeChain (VET) made a slight recovery after the recent market-wide resurgence. The asset has rallied 3.4% in the 14-day charts and 15.1% over the previous month. Despite the recovery, VET’s price has dipped 0.3% in the daily charts, 8.2% in the weekly charts, and 31.5% since May 2024. Also Read: Morgan Stanley Predicts The Future Of Ripple (XRP) Source: CoinGecko Cryptocurrencies Hold Steady Source: Watcher Guru The crypto market seems to be entering a sideways trajectory. Bitcoin (BTC) is facing substantial resistance at the $97,000 level. VET is facing some resistance at the $0.027 level. The recent market rally is likely fueled by institutional investors. BlackRock purchased more than $3 billion worth of BTC since Apr. 22. Retail investor participation is likely very low right now. Investor confidence has still not recovered to pre-tariff levels. Also Read: Dogecoin (DOGE) & Cardano (ADA) Price Prediction For May 10, 2025 VeChain’s (VET) recovery is likely due to Bitcoin (...