VET Crypto Advised by UFC Dana White: VeChain Price Touches Bottom

VET crypto has just lately introduced some bullish information – Dana White joins as new advisor. Dana joins an already epic occasion with Nobel Laureate Sir Konstantin Novoselov. Sunny Lu, CEO and Co-founder of VeChain mentioned: “With Konstantin’s scientific genius and Dana’s strategic firepower, we’ve assembled a team that embodies our core philosophy: technological excellence meets practical, mass-market application.”

Constructing tomorrow

— VeChain (@vechainofficial) April 23, 2025

This metric of Growth exercise solely provides extra gas to the hearth. And an individual would possibly ask: Is VeChain actually on the backside. Effectively, let’s check out the charts.

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VET Crypto Evaluation: Supported By Nobel Folks And Celebrities

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Beginning this evaluation with a 1W timeframe for probably the most quantity of context we will collect. Two issues are clearly seen. One is we’ve come down from ATH in 2022 to vary, ultimately begin a brand new uptrend and make two new highs in 2024. Signifies purchaser curiosity. Second – worth bounced off from 2024 help stage, indicating potential backside on the $0.02 stage.

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So as to add extra context, I’m including a chart with earlier worth historical past that reveals an identical bottoming course of in 2019-2020 as in 2024-2025. Again then, there was extra promoting strain, and this time round, we’re seeing extra shopping for strain.

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On the 1D chart, the worth has reclaimed the MA50. RSI index shaped a bullish divergence proper at that bounce off the help line. Now it has entered the bullish higher half of the metrics. One other piece of data we will collect is the earlier help, now turned resistance. That’s to be seen, because it has not been examined as such till now.

Closing Ideas on VET USDT and 4H Timeframe Insights

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On the 4H chart, we will see that worth has dropped greater than 50% because the begin of the yr. This yr’s excessive has not been visited but, both. Price is above all 3 MAs—an awesome begin to a brand new uptrend outlined by the upper highs and decrease lows from this month. RSI right here appears to have hit the highest. Nonetheless, there are occasions, as at first of the chart, when it reversed a bit after which stayed very excessive whereas worth saved rising.

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With Dana White and Nobel Laureate, in addition to excessive developer exercise, VeChain is pushing onwards with extra energy. Mixed with such worth motion, it might be an awesome danger:return alternative.

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