VeChain has seen an extremely strong month of march seeing a 170% increase and RSI not dipping below 50% on the 4hr chart. if this rising channel doesn't break we could see VeChain go over the .10c mark by the end of the week. however if the rising channel is broken we could see a week cool off and see the rsi dip and stay below 50% for a few days. last time rsi dropped below 50% we saw a 50% decrease in price, if this scenario happens and rsi does dip i don't think we will see a drop that drastic as alt-coin season is starting and VET has gathered a lot of momentum. I can see a possible 30% drop in price that will provide us with some nice buying opportunities. Definitely keep an eye on VET in the long term very interesting project.
still new at this don't hate if i'm wrong. stay safe stay smart.
still new at this don't hate if i'm wrong. stay safe stay smart.
Comment:
Crucial Time for Vechain as we start touching the bottom of our uptrend. here we either bounce back up or we keep dropping.