- VeChain forms bullish “cup and handle” pattern, signaling potential breakout.
- Momentum and RSI indicators point to strong upside with caution near $0.03–$0.04.
- Cross-chain upgrades and DeFi growth boost VeChain’s long-term bullish outlook.
VeChain (VET) appears to be entering a pivotal phase, as technical and fundamental indicators suggest a long-term bullish breakout. At a current price of $0.02526, VET has shown significant strength, rising over 21% in the past week.
The chart pattern identified by analyst EGRAG CRYPTO reveals a compelling “cup and handle” formation, often viewed as a bullish continuation signal. This technical setup, combined with growing momentum indicators and strong support levels, points to the potential beginning of a powerful upward cycle. If confirmed, VeChain could be setting its sights on price levels unseen in years.
Technical Landscape Signals Strength
EGRAG CRYPTO’s analysis identifies a key bullish pattern forming on the VET/USDT chart. The “cup and handle” structure stretches from a base near $0.012 to a current level just above $0.025.
This pattern typically precedes breakouts that can lead to explosive gains. The handle formation appears to be nearing completion, and any sustained movement above the $0.03–$0.04 range could trigger the next leg up.
#VET – What if ?! 🧐
— EGRAG CRYPTO (@egragcrypto) July 14, 2025
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For the full analysis, key targets, critical price ranges, and the complete chart, click the link below 🔗https://t.co/cQnLDNxhTl https://t.co/NNw2Iyh846 pic.twitter.com/9lN7HYLS5d
Three crucial resistance zones are in play. Target 1 is near $0.30, representing a psychological and historical barrier. Target 2 lies around $1.10, aligning with Fibonacci extensions. Target 3, just under $2.00, would signal a complete long-term breakout, pushing VET toward previous all-time highs. These targets, while ambitious, gain credibility when paired with improving technical momentum.
Moreover, momentum indicators like the MACD are trending positive. A recent bullish crossover hints at a potential upward surge. RSI stands at 64.55, slightly below the overbought zone. This indicates buying pressure, though investors should monitor for a possible pullback if the RSI exceeds 70.
Fundamentals Catching Up
On the fundamental side, VeChain is not sitting still. Within just seven days, the project launched Galactica on mainnet and activated Stargate, its cross-chain protocol. Additionally, VeChain became interoperable across more than 40 major blockchains following a new bridge developed with Wanchain.
Momentum is shifting on $VET!
— CryptoBusy (@CryptoBusy) July 13, 2025
The chart says BULLISH reversal.
The fundamentals say this is just the beginning.
In the last 7 days:
– Galactica goes live on mainnet!
– Stargate is now live
– First-ever cross chain bridge (ETH, SOL, BTC, BNB & 40+ chains) via @wanchain_org… https://t.co/D0Gp2LmZoQ pic.twitter.com/7RvleRZH4Y
The expanding VeBetterDAO ecosystem is attracting real-world adoption and deeper DeFi integrations. These developments are not only boosting market sentiment but also building a solid foundation for long-term growth.
