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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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VeChain (VET) To Make Bullish Rally? Key Emerging Fractal Pattern Saying Yes!
Date: Thu, July 03, 2025 | 08:34 AM GMT As Q3 kicks off, the cryptocurrency market continues its powerful comeback which was started from the beginning of Q2. Ethereum (ETH) is spearheading the rally, climbing over 5% today to trade near $2,600. This renewed optimism is sparking momentum across the altcoin market — and VeChain (VET) is shaping up to be one of the more exciting setups to watch. $VET has already gained more than 7% today. But beyond today’s green candle lies a much bigger story — a fractal pattern forming on the chart that mirrors one of VET’s own most explosive rallies in recent history.
Source: Coinmarketcap Fractal Suggests Bullish Reversal Ahead Zooming in on the daily chart, VET is now showing a near-identical setup to its late 2024 price action. At that time, VET was consolidating in a falling wedge pattern — a classic bullish reversal formation. After weeks of sideways and downward pressure, VET broke out of the wedge, cleared its 100-day and 200-day moving averages, and then surged more than 300%, topping near $0.080 and tagging its long-term ascending resistance line.
VeChain (VET) Fractal Chart/Coinsprobe (Source: Tradingview) Now, the pattern appears to be repeating. VET has again been trading inside a falling wedge and recently broke out, echoing its previous pre-rally phase. The token is now approaching the next major hurdle — the 100 and 200-day moving averages — which could determine whether history repeats itself. What’s Next for VET? If VET can decisively break above both the 100 MA and 200 MA (currently around $0.0245 and $0.0314), it could open the door for a massive bullish move. Based on the fractal, the target could be the long-term diagonal resistance trendline — near the $0.10+ zone, implying a potential upside of over 350% from current levels. That said, confirmation is key. Traders should watch for strong volume and a daily close above the moving averages to validate the breakout and reduce the risk of a fakeout. Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before investing in cryptocurrencies.