• Vechain (VET) could surge if an impulsive Wave 3 pattern forms.  
  • Technical charts suggest a rapid move toward $1, potentially $2.  
  • Investors should monitor VET as a Wave 3 breakout may trigger explosive gains.

Vechain (VET) could be on the brink of a massive price move. Technical charts are showing signs of an impulsive Wave 3, which might push VET towards $1 or even $2. 

If this wave plays out, the token might experience a quick, sharp rise. This could be the game-changer for investors looking for big returns.  

Could Wave 3 Push VET to $2?

#VET Move A: $1 or Move B: $2!!!!

The next move for #Vechain is going to be a game-changer! 🎯

If we're entering impulsive Wave 3️⃣, it needs to show 5 sub-waves. If this next impulsive structure hits all the right criteria, get ready for a quick and aggressive corrective Wave… pic.twitter.com/Di01tmg0sP

— EGRAG CRYPTO (@egragcrypto) September 21, 2024

The above post suggests that VET needs to show five clear sub-waves to confirm an impulsive Wave 3. If this structure forms, VET could start a powerful upward move . 

After the Wave 3 spike, a quick corrective Wave 4 would likely follow, setting up for an explosive top. In the last market cycle, this pattern played out within 150 days. 

This means we could be looking at a similar timeline if VET follows the same path. If the current trend holds, we could see VET moving fast and catching many by surprise.

Timing Wave 3

The timing of this wave is key. If VET enters Wave 3, the price could soar. First, we might see it hit $1. 

Read CRYPTONEWSLAND on google news

After that, a move to $2 could follow during the blow-off top . This whole process could unfold in just a few weeks, based on past performance.

VET holders need to stay ready. If this pattern plays out, it won’t take long for the price to make major moves. Vechain has strong fundamentals, and the technical indicators seem to support this scenario. 

Investors waiting for a big breakout should keep a close eye on the charts. The next few months could be crucial for VET’s future. If this impulsive wave forms, we could see Vechain unlocking significant gains. 

With $2 as a potential target, VET might be poised to change the game for its investors. Buckle up because this could be an exciting ride for VET holders.

disclaimer read more

Crypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.