The crypto market is on fire! With Bitcoin ($BTC ) surpassing $105K, altcoins like VeChain (VET) and Litecoin (LTC) are following suit and may be about to break through important resistances. Will we see new highs in the coming days?
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VeChain (VET) on the verge of a breakout!
VeChain ($VET ) is currently at $0.047, testing the upper boundary of a symmetrical triangle on the 12-hour chart. This pattern has been holding the price back for weeks, but a strong move could be on the horizon.
🔹 If it breaks the descending resistance, the next targets are at $0.0535, $0.0610, $0.0690, and $0.0790.
🔹 Otherwise, it may test lower supports before attempting a new upward move.
With the RSI entering overbought, bullish momentum is building. If trading volume remains strong, the trend could consolidate quickly.
Could Litecoin (LTC) Explode Soon?
Litecoin ($LTC ) has finally broken through a critical 2024 resistance and is now trading around $130. The question is, will the rally continue?
📌 If LTC maintains momentum, the next targets are at $195 and $290.
📌 If there is rejection at resistance, we may see a pullback before another breakout attempt.
Trading volume will be essential to confirm whether the uptrend will sustain.
What to expect in the coming days?
Both VeChain and Litecoin are at critical points. If they manage to break through their resistances with strong volume, we could see a significant upward movement. Otherwise, corrections could occur before a new attempt.
Source: CoinsProbe
💬 What's your bet? Will VET and LTC breakout or face resistance? Comment below!
Disclaimer: This content is not investment advice. Please do your own research and be fully informed before making any decisions.
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