Despite the market corrections that have been taking place for a while now, there are all kinds of optimistic price predicitons for some altcoins out there.
The latest price predicitons are involving VET and you can check them out below.
New VET price predictions
It’s been just revealed that the crypto analyst Justin Bennett thinks VeChain (VET) could skyrocket several times above its current price.
In a new YouTube video, he explained that if VET breaks $0.10, it’s likely to keep moving up in price.
“As long as it’s above that $0.06 area, I’m still bullish on VET over the next year, and I think if we get above $0.10, that $0.103 cent area, then I do think we get that move back toward the $0.12 region, and potentially $0.15 and then some.”
He also made sure to point out the fact that if VET takes off this year, potential breakout areas could be as high as $0.38-$0.40.
“That could be the objective if VET does break out of this pattern later this year. Of course, it has a long way to go to do that. But if it does break out, you’re probably looking at a target up around $0.40 for VET.”
At the moment of writing this article, VET is trading in the red and the coin is priced at $0,07991.
At the end of last month, we addressed other crypto predicitons including some about VET as well.
There’s a popular crypto strategist and trader who has just revealed potential breakout plays for Polygon (MATIC), Polkadot (DOT), and VeChain (VET) as we head into the new year.
Regarding VET, he said that the coin is potentially gearing up for a massive breakout next year.
The crypto market is trying to recover following multiple price corrections. Stay tuned for more news and make sure to keep your eyes on the prices.