- VeChain’s “Turbo Trigger” signals a potential rally, according to Egrag Crypto.
- Crypto analyst predicts VET could reach $1 based on historical patterns.
- Fast price surge expected once momentum builds; calculated targets indicate significant upside.
VeChain (VET) could be on the brink of a massive rally. Egrag Crypto, a seasoned analyst, recently confirmed that VET’s “Channel 1” low has been tagged. This tag signals what Egrag calls the “Turbo Trigger.” Previous cycles have shown similar patterns, and this new setup could lead to a major surge. With the groundwork laid, VET might soon shift into high gear, possibly delivering impressive returns. Could this trigger drive VET to $1? Let’sdivedeeper.
VET’s Turbo Trigger Explained: Key Price Targets and Analysis
Egrag Crypto’s insights are based on careful analysis. Instead of relying on unpredictable spikes, he compared VET’s past cycles and focused on measured moves. By applying these patterns to the June 2023 low, he developed a conservative yet compelling forecast.
Egrag considered monthly wicks—those sharp but short-lived price spikes—to avoid overstated targets. His calculations point to Fibonacci levels 1.236, 1.414, and 1.618, all suggesting a potential price around $1. If past patterns hold, VET might see another powerful run-up.
Rapid Surge to $1? Don’t Blink, or You Might Miss It
Egrag Crypto warns that these price movements often happen fast. Once VET gains momentum, the price could surge to $1 in no time. This prediction may sound bold, but the technical data backs it up. Although past performance isn’t a guarantee, it remains a strong indicator.
Egrag emphasizes, “Channel 1’s low end is officially tagged,” which means the stage is set for a significant rally. With calculated targets and a reliable framework, Egrag’s analysis offers hope to those waiting for VET’s next big move. Egrag Crypto’s insights reveal a promising outlook for VET.
The coming months might see the price rise faster than many expect. For those ready to ride the wave, this “Turbo Trigger” could be the green light for an exciting journey ahead.
The post Vechain’s Channel 1 Low Marks the Start of a Major Price Surge, Expert’s Insights Inside appeared first on Crypto News Land.
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