VeChain (VET/USD) Price Surge Today: Elliott Wave Analysis Reveals Bullish Breakout {Video}

VeChain's VET/USD pair is making waves—again. Here's why traders are scrambling.

Elliott Wave Theory Signals Upward Momentum

The charts don’t lie: VeChain’s price action aligns perfectly with a classic Elliott Wave pattern. Traders eyeing the next leg up—or bracing for a classic crypto fakeout.

Technical Indicators Scream ‘Buy’

RSI? Neutral. MACD? Bullish crossover. Volume? Spiking like a Wall Street analyst’s blood pressure during a flash crash.

The Bottom Line

VeChain’s setup looks tasty—but remember, in crypto, even ‘sure things’ have a habit of evaporating faster than a hedge fund’s ethics.

VET/USD Elliott Wave technical analysis

• Function: Counter trend.

• Mode: Corrective.

• Structure: Double Corrective.

• Position: Wave Y.

• Next Direction Higher Degree: Pending.

• Wave Cancel Invalid Level: Under Review.

The VET/USD pair appears to be nearing the end of Wave II, which is a part of the corrective structure. If the price drops close to the 0.020 – 0.018 range and then shows a sharp upward move, it WOULD indicate the potential beginning of an impulsive Wave III to the upside.

• General approach

• • Short-Term Traders (Swing Trading)

  • • Monitor RSI/MACD for divergence and ensure the price does not form a new confirmed low.

    • If a reversal candlestick such as a Bullish Engulfing appears with supporting volume, consider initiating buy positions.

• Risk Management

• • If the price drops below 0.01700, the Wave II structure becomes invalid and should be reanalyzed.

VET/USD Elliott Wave technical analysis

• Function: Counter trend.

• Mode: Corrective.

• Structure: Double Corrective.

• Position: Wave Y.

• Next Direction Higher Degree: Pending.

• Wave Cancel Invalid Level: Under Review.

VET/USD remains in the late phase of the corrective Wave II. A drop NEAR 0.020 – 0.018 followed by a strong reversal may signal the start of Wave III and a bullish shift in momentum.

• General approach

• • Short-Term Traders (Swing Trading)

  • • ✅ Look for RSI/MACD divergence and ensure no new significant lows occur.

    • ✅ A strong bullish reversal candle with volume could indicate a buying opportunity.

• Risk management

• • If the price declines below 0.01700, the current wave analysis becomes invalid and must be revised.

VET/USD Elliott Wave technical analysis [Video]