Friday, July 25, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

VeChain (VET) Builds Momentum Ahead of July’s Stargate Launch: Price Outlook for May 9

Irene Mukiri by Irene Mukiri
May 8, 2025
in Market, News, Price Analysis
Reading Time: 3 mins read
VeChain (VET) Builds Momentum Ahead of July’s Stargate Launch Price Outlook for May 9
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • VeChain gains momentum as Stargate launch and EU MiCAR license boost outlook.
  • VET price holds firm above key support, eyes breakout above $0.03 resistance.
  • MACD and RSI hint at bullish shift, signaling potential short-term price recovery.

VeChain (VET) is positioning itself as one of the most talked-about blockchain projects heading into mid-2025. According to Michaël van de Poppe, an analyst suggests with its highly anticipated Stargate launch scheduled for July 1, the project is drawing increased investor attention. The Stargate initiative marks a new chapter under VeChain’s Renaissance roadmap, aimed at significantly expanding its utility across global enterprises. 

Adding to this momentum, high-profile developments such as Dana White joining as an advisor and the project’s successful bid to secure a MiCAR license in Europe are bringing VeChain into sharper focus. These strategic moves not only validate VeChain’s long-term vision but also indicate a deeper push into the regulated European blockchain space.

Related articles

Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate

Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate

July 24, 2025
PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%

PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%

July 24, 2025

$VET is building up to the launch of Stargate, 1st of July, which is part of the Renaissance.

Big steps are being made within the ecosystem!

– Dana White has joined as advisor of #VeChain
– Obtaining the MiCAR license in Europe to accept EU companies to be using VeChain.

From… pic.twitter.com/1dAAYzruDE

— Michaël van de Poppe (@CryptoMichNL) May 6, 2025

Technicals Support a Rebound 

VeChain as of press time is trading at $0.02648 after a daily gain of 4.43%. While it is still down slightly over the past week, technical indicators suggest growing buyer interest. 

Price action reveals that VET is resting above a critical historical support zone that has previously triggered rallies. This area, previously tested in mid-2023 and again in early 2025, remains an accumulation point for bullish investors.

VET/USD daily price chart, Source: TradingView

The MACD is nearing a bullish crossover, which could signal the beginning of a potential upward move. If this crossover confirms, it may push the price to re-test the $0.03 resistance. Moreover, the RSI sits at around 56.78, offering room for growth before hitting overbought conditions. This level further supports the case for a near-term price recovery.

Resistance Levels to Watch on May 9

The next critical resistance lies at $0.03, a level that previously halted upward momentum. If bullish pressure continues, VeChain could aim for $0.035, followed by a more formidable barrier around $0.04500 to $0.05000. 

These zones have previously acted as strong ceilings during earlier rally attempts. A clean break above $0.03000 may build the confidence needed for a broader uptrend.

Tags: Price AnalysisVeChain (VET) News

Related Posts

Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate

Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate

by Veronicah Peninah
July 24, 2025

The artillery bombardments were followed by Thai airstrikes killing 11 civilians and a soldier in Sisaket, Surin, and Ubon Ratchathani...

PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%

PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%

by Munene Timothy
July 24, 2025

Pump.fun airdrop postponed as team shifts focus to ecosystem growth and trading activity instead of short-term hype. PUMP token plunged...

FTX to Distribute $1.9B to Creditors in Third Round of Payouts

FTX to Distribute $1.9B to Creditors in Third Round of Payouts

by Irene Mukiri
July 24, 2025

FTX to begin third $1.9B creditor payout on September 30 after court approval Creditors must verify KYC and file tax...

Trump to Personally Inspect Federal Reserve, Escalating Tensions With Powell

Trump to Personally Inspect Federal Reserve, Escalating Tensions With Powell

by Jonathan Carls
July 24, 2025

Trump's Fed visit marks rare presidential intrusion into central bank operations $2.5B renovation sparks conflict as Trump cites mismanagement and...

XRP Price Prediction for Aug 2025 Ongoing Uncertainty Amid Market Shifts

XRP Price Prediction for Aug 2025: Ongoing Uncertainty Amid Market Shifts

by Munene Timothy
July 24, 2025

XRP dropped to $3.09 after SEC-related concerns and whale selloffs; 75M XRP sold on Upbit spurred massive liquidation. Despite the...

Load More

Recent News

  • Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate
  • PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%
  • FTX to Distribute $1.9B to Creditors in Third Round of Payouts
  • Trump to Personally Inspect Federal Reserve, Escalating Tensions With Powell
  • XRP Price Prediction for Aug 2025: Ongoing Uncertainty Amid Market Shifts

Popular News

  • Solana SOL Has Just Reclaimed $7 Billion in DeFi TVL

    Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    232 shares
    Share 93 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    200 shares
    Share 80 Tweet 50
  • KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    198 shares
    Share 79 Tweet 50
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    197 shares
    Share 79 Tweet 49
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    196 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate
Thailand Launches Airstrikes on Cambodia as Border Clashes Kill Civilians and Force 40,000 to Evacuate
July 24, 2025
PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%
PumpFun Cofounder Alon Says PUMP Airdrop Not Happening Soon, Price Falls 14%
July 24, 2025
FTX to Distribute $1.9B to Creditors in Third Round of Payouts
FTX to Distribute $1.9B to Creditors in Third Round of Payouts
July 24, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact