VeChain Price Eyes $0.030 Target Following Bybit’s Major Listing

Highlights:

• VeChain price breaks above key resistance, signaling bullish momentum ahead.
• Bybit listing boosts liquidity, driving increased market attention.
• Technical indicators suggest a potential 140% price gain for VeChain.

VeChain (VET) price has recently experienced a strong surge, reflecting a robust bullish trend in the market. Over the past week, the VET price has surged by more than 10%, attracting positive market sentiment. The price is now hovering around the critical support level of $0.023 after breaking above a falling wedge pattern. This technical breakout indicates a continued bullish outlook for VeChain, with the potential for further price gains in the coming days.

VeChain Price Surge as Bybit Lists VET

The Spot trading platform of Bybit announced VET as an available coin for trading. Trading activities of VET began at 6 AM UTC Monday, and trading commenced at 10 AM UTC. The system will enable withdrawals starting at 10 AM UTC on Tuesday. 

The VeChain VET token received an improved market outlook after Bybit launched its listing on the Spot trading platform which resulted in growing liquidity together with wider VET token accessibility. The platform listing will trigger VeChain’s growth trajectory as the exchange brings more popularity to the cryptocurrency sector.

$VET is now listed and open for trading on @Bybit_Official!

Check out their announcements page for details on how to get involved in the listing event:

> https://t.co/yhCZMsPGgD https://t.co/YGYCRDZ4us pic.twitter.com/I5K6dkjRXS

— VeChain (@vechainofficial) April 14, 2025

Crypto Analyst Predicts 140% Gain for VeChain Price

Recently the crypto analyst found that VeChain price reached above its falling wedge pattern boundaries within the daily time frame. Market trend changes indicate potential future market behavior according to this technical indicator because the breakout occurs while trading volume rises, which signals strong market confidence. 

The analyst observed favorable price movement, which indicates that VeChain might start an upward momentum soon. The assessment indicates this breakout could push the price to rise by 140% until it reaches $0.058. Future price growth will emerge from successful price increases above resistance areas to create additional bullish market conditions. 

The market should watch this development closely since it might mark the start of a substantial price elevation for VET.

#VeChain has successfully broken through the upper border of the falling wedge on the daily timeframe

The breakout looks promising with increasing volume supporting the price action $VET

This technical development signals potential for 140% gain in the midterm, targeting… pic.twitter.com/gRAlFNx1If

— Crypto Nympho Ⓥ (@CryptoNymphoo) April 14, 2025

VET Price Analysis: VeChain Eyes Critical Resistance at $0.03

The price of VeChain is currently navigating within a crucial range. At the time of reporting, VET is priced at $0.02386, showing a minor decline of 0.37%. The recent market movement suggests the potential for both upward and downward fluctuations as the coin attempts to break past key resistance levels.

The MACD indicator displays conflicting signals from its current state. The MACD line shows initial signals of contraction because it sets above the signal line but faces potential price consolidation before marked market activity develops. 

The current Relative Strength Index (RSI) value of 51 presents a neutral market position that still has significant potential for movement before reaching overbought levels.

VET price encounters significant resistance at $0.025 because this price point has numerous times prevented its price growth. If the resistance at $0.027 fails to break then VET could rise to target $0.030. 

The price stability for VET depends heavily on $0.022 since this support level functions as a critical base. If the price fails to sustain above this level the market value will likely return to the $0.020 area.