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Category: Crypto News, News
VeChain (VET) at ‘Massively Strong Support’ as Analyst Eyes 300% Rally
- Analyst Michaël van de Poppe says VET is holding at a massively strong historical support zone now.
- A new “Stargate Staking” program offers up to 9% APY and is designed to make the VET token scarce.
- Key technical indicators like the RSI and MACD are flashing strong bullish signals for a price reversal.
VeChain (VET) is trading at a historically strong accumulation zone, as per analyst Michaël van de Poppe, who highlighted this fact in a social media post on X that VET is “holding onto massively strong support” with a valuation matching last year’s levels, despite several fundamental shifts in its ecosystem.
$VET holds onto a massively strong support. The valuation of #VeChain is similar to the valuation exactly a year ago.
However, so much has changed in the past 12 months, as recently they announced their Stargate Staking program which should have a positive impact on price. — Michaël van de Poppe (@CryptoMichNL) July 17, 2025
Why?… pic.twitter.com/i9NKTrKFiH
What takes the spotlight is the launch of VeChain’s Stargate Staking program, a move set to reduce inflation and create additional scarcity in VET’s tokenomics.
‘Stargate Staking’ to Bo…
The post VeChain (VET) at ‘Massively Strong Support’ as Analyst Eyes 300% Rally appeared first on Coin Edition.
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