VET Crypto Recommended by UFC’s Dana White: VeChain Price Hits Lowest Point
VET cryptocurrency has recently shared some positive news – Dana White comes on board as a new advisor. Dana joins an impressive lineup that includes Nobel Laureate Sir Konstantin Novoselov. Sunny Lu, CEO and Co-founder of VeChain stated: “With Konstantin’s scientific brilliance and Dana’s strategic expertise, we’ve formed a team that represents our fundamental principle: technological excellence aligns with practical, widespread application.”
Crafting the future
— VeChain (@vechainofficial) April 23, 2025
This metric of Development activity only intensifies the momentum. One may wonder: Is VeChain genuinely at the low point? Let’s examine the charts.
DISCOVER: Top Meme Crypto token ICOs to Invest in April 2025
VET Crypto Assessment: Backed By Nobel Experts And Celebrities
(VETUSDT)
This analysis starts with a 1W timeframe for comprehensive context. Two observations stand out. Firstly, we have declined from the ATH in 2022 to a range, eventually beginning a new optimistic and achieving two new highs in 2024, indicating market demand. Secondly, the price has rebounded from the 2024 base level level, suggesting a possible bottom at the $0.02 mark.
(VETUSDT)
To provide additional context, I’m including a chart with earlier price history that illustrates a comparable bottoming process during 2019-2020, similar to what we’re witnessing in 2024-2025. At that time, selling pressure was higher, while currently, the trend shows greater buying pressure.
DISCOVER: Leading Solana Meme Coins to Invest in April 2025
(VETUSDT)
On the 1D chart, the price has regained the MA50. The RSI index exhibited a uptrend divergence right after the base level line bounce. It is now positioned in the uptrend upper half of the metrics. Another observation is the former price floor level, which has now become barrier level. This remains to be seen, as it hasn’t been tested in that capacity up until now.
Final Thoughts on VET USDT and Insights from 4H Timeframe
(VETUSDT)
In the 4H chart, it is evident that the price has fallen over 50% since the beginning of the year. The highest point of this year has yet to be reached. The price is currently above all three MAs—a solid start to a fresh bullish characterized by the higher highs and lower lows observed this month. The RSI appears to have reached its peak, but there were instances, as seen at the start of the chart, where it pulled back slightly and remained elevated while the price advanced.
DISCOVER: 20 Best Cryptos to Invest in April 2025
With Dana White and a Nobel Laureate in the mix, along with robust developer engagement, VeChain is advancing with renewed vigor. Coupled with this price movement, it could represent an excellent risk:return scenario.
Join The 99Bitcoins News Discord For The Latest Market Developments
VET Crypto Guided by Dana White: Price Approaches Bottom
- 2024 base level level at $0.02 remains intact
- RSI appears elevated on the 4H timeframe
- Possible bottom formation underway
- Next objectives to hit are $0.04 and $0.05
The article VET Crypto Guided by UFC Dana White: VeChain Price Approaches Bottom first appeared on 99Bitcoins.
