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Cryptocurrency News Articles
YouTube Analyst Makes Bold VeChain (VET) Price Prediction: Here's the Outlook
Jan 24, 2025 at 04:30 am
According to Cheeky Crypto, VeChain (VET) is poised for major price movement during the current market cycle.
A popular YouTube crypto analyst has shared his price prediction for VeChain (VET) for the remainder of the market cycle. The video includes both conservative and bullish price targets for VET, with a timeline centered around early to mid-2025.
While the analysis is largely speculative, it does take into account technical indicators and past performance, which could spark curiosity regarding VET’s next major price move.
Let’s take a closer look at the analysis.
Bitcoin’s Market Cycles and Correlation with Altcoins
The analysis begins by highlighting Bitcoin’s historical market cycles as a key indicator for altcoins such as VeChain.
According to Cheeky Crypto, Bitcoin bull runs tend to peak in the fourth quarter of the year following a U.S. election. This pattern was evident in 2013, 2017, and 2021, which suggests the possibility of another peak in Q4 2025.
However, it’s worth noting that VeChain has previously deviated from this trend. In its last bull cycle, VET peaked in April 2021 rather than Q4. This suggests that while Bitcoin’s timeline is influential, VeChain may follow its own price pattern.
As the analysis points out, altcoins tend to react to Bitcoin’s price movements but can experience independent surges based on demand and adoption.
VeChain Price Prediction
The video includes both conservative and bullish price targets for VeChain. A cautious estimate places VET at $0.32, while an aggressive “moonboy” target reaches as high as $0.77. These figures are derived from historical price movements, technical analysis, and market sentiment.
The analysis suggests that VeChain could peak between Q1 and Q2 of 2025. However, a secondary rally in Q4 is still possible if market conditions align with previous cycles.
Ultimately, factors such as retail investor FOMO, institutional adoption, and overall market momentum will play a role in shaping VET’s trajectory.
Market Psychology and Demand Dynamics
One key argument in the analysis is that market cap does not dictate price action. The analyst dismisses the common belief that a higher market cap limits growth potential, asserting that price movements are driven by supply and demand.
The discussion also touches on investor psychology. As more participants enter the market, speculation and hype could fuel price rallies. It’s mentioned that institutional players have already positioned themselves for the next bull run, which could further amplify retail interest.
According to CoinGecko data at the time of writing, VET is trading around $0.04924, showing a 2.00% gain in the last day. However, the asset has seen a 3.94% decline over the past week.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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