The famous analyst Michael van de Poppe says that there are about 556,100 followers on Twitter, that VET is looking to provide many opportunities.
VeChain is one of the famous cryptocurrencies and platforms that are built to provide enterprise solutions and assist firms in optimizing supply chains.
Van said that 0.075 dollars acted as the trigger. The crypto asset is already surpassing the maximum level as they have published the video and is currently priced at 0.077535 dollars. It is now up by 4.56 percent in the last 24 hours; however, it is still down by 12 percent from the price that it had in the last week.
Van is not only a trader who is trading in VeChain. There are many traders who are currently starting to trade in VeChain as the prices are rising up.
The traders state that as the price goes above 0.06 dollars are, they are bullish on how VET is going to perform in the upcoming years. They are trying to get it above 0.10 dollars by the end of next year. If they can make it possible, the price can go back to normal 0.12 dollars regional and then over the period of years, the price can go up to 0.15 dollars.
Bennett also stated that if VET can take off with the right pace starting from this year, it can potentially go up to 0.38 dollars to 0.40 dollars in a short period. Overall, it can be expected that VET is going to skyrocket in a few years, multiple times than it presently is. Moreover, with the current regulations across different countries changing, it is expected to witness a growth trend of VET in the upcoming years. Read this Vechain crypto prediction to know more!