VeChain (VET) Leads ’Made in China’ Crypto Rally with 21.5% Weekly Surge

Chinese cryptocurrency assets are demonstrating resilience as the 'Made in China' index gains nearly 1% in daily trading. VeChain, Conflux, and Qtum are leading the charge with double-digit weekly gains, suggesting potential trend reversals amidst broader market uncertainty.

VeChain (VET) has jumped 21.5% this week, testing resistance at $0.02629. The supply chain-focused token shows classic bullish divergence—RSI momentum is outpacing price action while maintaining support above $0.02311. A drop below $0.02171 WOULD negate the current uptrend.

Technical patterns across these enterprise-oriented blockchains indicate growing institutional interest. Qtum's hybrid blockchain model and Conflux's regulatory-friendly infrastructure are gaining traction as China's crypto ecosystem evolves beyond speculative trading.