VeChain: Will Flag Breakout Signal VET Price Bull Run To $0.15?

VeChain ($VET )

has been establishing an upward slope in its price and its current movements suggest that the token may continue to rise. Technical analysis shows that the cryptocurrency is challenging major resistance levels that may spur higher gains.

Currently, VET token stands at $0.04121 and as observed earlier, the price has slightly retracted after the upswing in the past weeks. However, the current price action has compelled analysts to expect the token to mark higher levels.

The fundamental of the current optimism is founded on the flag breakout pattern which is bullish and points towards bullish confirmation. Experts predict that the crypto will rise above $0.056 in the long term, and eventually hit $0.15.

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