VeChain and Hedera Struggle at Resistance While Crypto Market Rises – What’s the Outlook for VET and HBAR?

VeChain and Hedera face obstacles at key price levels even as the broader crypto market surges. Investors are eager to see if these two coins can overcome their resistance points and join the rally. Will VET and HBAR break through and reward their holders? Discover the detailed analysis that sheds light on their potential movements.

VeChain Price Surge Signals Altcoin Season Momentum

VeChain recorded a nearly 40% gain over the last month, with a solid yet moderate 20% increase over the past six months. The coin also enjoyed a 10% weekly rise, reflecting a clear upward push. Price swings within the $0.0189 to $0.0303 range highlight active market moves and growing interest from traders.

Current market levels show support near $0.0123 and immediate resistance at $0.0352, with a secondary resistance set at $0.0467. Bulls appear to hold the lead as prices test the upper limits. A dip back toward support offers buy potential, while a break above resistance could signal further bullish strides.

Hedera HBAR Surge: 6-Month Gain Sparks Bullish Interest

HBAR delivered a 20% gain in one month and a striking 267% rise over six months. The price moved from modest levels to a more aggressive climb, indicating strong investor interest and growing momentum. The trend shows steady upward movement, reflecting increasing demand and renewed market confidence.

HBAR currently trades between $0.14 and $0.22, with immediate resistance at $0.25 and support near $0.09. Secondary levels appear at $0.33 and $0.01, suggesting areas to watch closely. Bulls are stepping in, yet the trend remains unclear. Traders might consider buying near support and taking partial profits at resistance to capitalize on the current market setup.

Conclusion

VeChain (VET) and Hedera (HBAR) are facing strong resistance levels. This makes it hard for them to move up despite an overall rise in the crypto market. If these coins manage to break through these barriers, significant gains might follow. However, if they fail, they could see a period of stagnation or decline. Watching these key resistance points is crucial for predicting their near-term performance.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.