Altcoins Maintain Long-Term Support Amid 40% Surge in Liquidations: Top 5 Cryptos for Potential 150% Gains
Market Overview: A 40% surge in liquidation has not breached multi-year support levels for large-cap altcoins, which are absorbing volatility and showing potential for a 150% recovery if support holds.
Altcoin Performance: Major altcoins like Cardano, Chainlink, Dogecoin, Hedera, and VeChain are being monitored for their strong structures and liquidity, indicating they may offer high-yield setups amidst market tension.
Bitcoin and Market Trends: Bitcoin dominance has stabilized, and total market capitalization is resting on long-term trend support, historically signaling potential sharp mean reversions for altcoins.
Individual Altcoin Insights: Each highlighted altcoin demonstrates unique strengths: Cardano shows strong demand retention, Chainlink maintains critical infrastructure, Dogecoin offers remarkable liquidity, Hedera benefits from enterprise adoption, and VeChain presents lucrative risk-reward opportunities.
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Technical Analysis for VET
Technical Sentiment Analysis for VeChain (VET) As of , VeChain (VET) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for VET stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, VET is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
VeChain (VET) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00401 | 0.0053 | 0.00673 | 0.00802 | 0.00945 | 0.0107 | 0.0122 |
| Fibonacci | 0.0053 | 0.00634 | 0.00698 | 0.00802 | 0.00906 | 0.0097 | 0.0107 |
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