VET’s Surge Signals Bullish Trend, Experts Suggest VET’s explosive surge signals a bullish run soon? Here’s what the experts are saying

VeChain’s incredible success stands testament to the crypto’s prolific momentum. The token has surged by 50% in the last seven days, compelling crypto analysts to predict its future trajectory. 

Ali Martinez, a prominent crypto analyst, has issued a new VET forecast, adding that the token may soon be poised for a potential 1480% rally. 

Martinez was quick to back his prediction, adding that VET’s recent ascent closely resembles certain bullish markers, signaling its impending hike. 

Also Read: VeChain (VET) Surges Nearly 30% in Just 24 Hours

VeChain: VET For The Win? 

Furthering the conversation on X, Martinez pointed out the reasons backing his latest prediction. He added that VET is portraying a significant candlestick pattern that was first observed in 2020. 

Clarifying his stance later, Martinez shared how VET is currently in the process of ending its consolidation phase, ready to deliver a solid start. 

Martinez later shared a graph in his tweet that highlighted VET’s bullish price ascent in 2020. He noted how the candlestick pattern first observed in 2020 is now making a slight comeback. 

Martinez then ended his analysis by adding that the token has recently concluded its 644 days of consolidation. 

Per the on-chain analyst, this could again trigger a bullish run for the token, given the fact that it continues its robust progress ahead.