In technical analysis, when a cryptocurrency like VeChain (VET) breaks out of a long-term down channel after multiple rejections at resistance levels, it can trigger a significant price reversal; traders should watch for oversold indicators (stochastic and RSI) and identify key support levels (such as the 0.057 level that previously acted as both support and resistance) to anticipate potential price corrections and breakout targets.
Deep Dive
Prerequisite Knowledge
- No data available.
Where to go next
- No data available.
Deep Dive
VeChain Crypto News & VET Coin Price Prediction 2026Added:
Hey friends, this is AI. Hope you're well and welcome to the named on VC chain. In my earlier videos, I was showing you that Vchain has formed a very very long-term down channel on the 7day time frame chart and this was one of those videos. Now if we move to the live chart and here you can see that previously by the way I have been showing you this channel and I was telling you in those days that despite uh this is big drop. However eventually the price and can break out this channel then we can expect a very very massive reversal because this is a bullish path move and you can see that after the breakout from this channel we had a nice pump but the price line could not break out this very long-term uptrend line resistance that was first time found here in the month of November 2022. We got rejection here, rejection, rejection, another rejection here. And since then, you can see that it is moving inside in another channel. Right now, Vchain is breaking down a very very significant support zone that start from 075 and goes to 064.
At the same time, you can see that uh once again, stochastic on the 7day time frame chart has entered the oversold zone. RSI is still moving very close to the oversold zone. But before starting this analysis, if you're not subscribed to my channel, then do subscribe it. And for daily trading signals, you can also join me and support me as a YouTube member or as a Patreon member because there I'm sharing different trading signals for you and you can find the link to join me there in the video description I've shared. If you are inside Australia and looking for a reliable IT and cyber security support for your home or business, I have partnered with a professional and experienced IT solutions provider that offer services including managed ID services, cyber security protection, Microsoft 365 solutions, firewalls, cloud services and backups, network and Wi-Fi setup, business communication and VOIPE, remote and on-site IT support. So whether you're a small business, office or even a home user needing professional IT assistance, you can contact me directly through the email shown on the screen for more information. By the way, this is a normal Gmail, but once you will contact me, I will reply you through my official email. Now let's move to the live chart of Vchain. And here on the 7-day time frame chart, you can see that since for the month of December 2024, it is moving inside this very long down channel. Uh we first found the resistance here. We got reject two rejections here. Then we had a bounce here. Another bounce. Then we got few more rejections here. You can see that we got rejection here. Rejection, rejection, rejection. Then we had another bounce. We had a very long spike up to the support of the channel. Then the price line moved very close to the resistance and again moved down at the support. We had another bounce and since then it is moving here sideways. Now for example, if the price line is about to test the support of the channel, then this time it can test the support of the channel over here at approximately 0.057 and that is another very very long-term support because this 057 uh has been previously acting as a support here and resistance here in the month of January 2019. Therefore, this time it can act as a support for the price line of Vchain. However, if the price line moves up from here, as you can see that stochastic has once again entered the oversold zone. Therefore, there can be a price correction move to the upside. As the price correction move to the upside will be up to the resistance, then it can hit the resistance of the channel. Uh this time somewhere here approximately at uh 0.087 or 9. But the uh big move will be uh started once it will be able to break out this channel. Like previously after breaking out this channel, we had a massive pump. Same as like that after the breakout from this channel we can expect a massive pump and the technical target and the long-term target for the breakout from this channel will be here at the top of the channel that will be somewhere between 7.5 cents to 10 cents.
So this was the update so far. I hope that you have liked the analysis. Then do hit the like and do subscribe to the channel as well. And for daily trading signals, you can also join me and support me as a YouTube member as a Patreon member because there I'm sharing different trading signals for you. And you can find the link to join me there in the videos description I've shared.
Take care. Goodbye.
Related Videos
Are our DeFi tools becoming too easy to exploit?
saidotfun
228 viewsβ’2026-05-30
Solana Unchained ($UCHN) Explained: Solanaβs Next Big Utility Project?
CryptoVlogOfficial
339 viewsβ’2026-05-30
π¨ Access Network App FREE Withdrawal to MetaMask?! Only 25M Supply π₯
Airdrop26Alpha
459 viewsβ’2026-05-28
Free TON in 2026? How I Tested This Reddit TON Tool
SirenHead-z9y
2K viewsβ’2026-05-28
β οΈALGO Has a Very Bright Future! β One #Crypto Everyone Should Own!
MetaShackle
184 viewsβ’2026-05-30
BingX EventX: Trade Sports, Crypto & Global Events With One Click
AidenCryptox
311 viewsβ’2026-05-31
XRP IS GOING TO VANISH! A SUPPLY SHOCK IS INEVITABLE! (THIS IS THE PROOF!)
NCash
2K viewsβ’2026-05-31
AI Predicts What XRP Looks Like If Ripple Gets A Fed Master Account
CryptoBlazon
422 viewsβ’2026-05-30











