VeChain price prediction: Is VET poised for a 300% surge?

  • VeChain’s price rose as Bitcoin broke past $105k.
  • As the crypto market rallies in response to tariffs-related news, VET is poised.
  • Technical indicators suggest VET price could pump to $0.090 or higher.

The cryptocurrency market pumped on Monday, with Bitcoin breaking to highs above $105k as risk assets gained on news of a US-China trade deal.

Amidst this optimism, VeChain (VET) price gained by about 7% as the altcoin reached highs of $0.034 for the first time since mid-February.

VET mirrored the pumping that had most altcoins in green, and the Dow Jones Industrial Average was up more than 1,000 points on open.

VeChain price surges amid upward market trend

As the broader market’s upbeat mood helped top coins higher, VeChain demonstrated its resilience as VET extended gains to a multi-month peak.

Bulls defying recent downward pressure could indeed see the cryptocurrency explode.

According to CoinMarketCap, VET is currently trading at $0.033, with the price up 32% in the past week and 44% in the past month.

The gains mirror robust underlying upside momentum for BTC and alts.

VeChain indeed suggests an extended gain, given bulls have broken out of a key technical pattern on the weekly time frame.

The technical outlook for VeChain and broader market expectations suggest buyers may be just getting started.

Earlier, analysts at Santiment said the US-China deal could be huge for the markets. VeChain will ride any upward momentum.

“If this deal indeed does immediately reduce the impacts on exporters & importers for both countries, we should see an instant bullish impact on all markets,” the analysts stated.

VET price: Is a 300% pump next?

The price of VET on the weekly chart suggests bulls have broken out of the falling wedge pattern formed since the dip from $0.069.

A closer look at the weekly chart reveals a potentially bullish continuation.

Other than the falling wedge breakout, VET price shows the Relative Strength Index (RSI) is pointing up as it hovers near 53.

This indicates the coin is neither overbought nor oversold.

Room for bulls to attack resistance levels is there.

VeChain chart by TradingView

Meanwhile, the Moving Average Convergence Divergence (MACD) is also signalling a potential bullish crossover.

Currently, the MACD line is just about to cross above the signal line.

If this happens, the VeChain price could extend its upward momentum.

Previously, VET surged from lows of $0.020 to reach highs of $0.08.

The vertical performance also came after a falling wedge pattern breakout in October 2024.

If VeChain repeats this, gaining by over 300%, bulls could hit $0.094 or higher.

A break to the psychological $1 is possible in this scenario.

On the flipside, $0.024 and $0.020 will be key support zones.

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Solana price prediction: SOL eyes $200 amid 1inch integration, memecoin surge

  • The Solana price has jumped by 22% today, showing strong growth.
  • SOL’s price rally is buoyed by 1inch’s integration and the Solana memecoins buzz.
  • If Solana crosses above the resistance at $180, analysts expect it to rise above $200.

The Solana price has surged impressively, climbing 22% over the past week to $175.41, driven by robust technical setups and growing ecosystem adoption.

Institutional inflows, decentralised finance (DeFi) dominance, and recent integrations like 1inch have fueled this momentum, positioning Solana as a leading Layer 1 blockchain.

Solana price analysis

From a technical analysis standpoint, Solana’s price has exhibited remarkable resilience, maintaining a six-month bullish trend despite broader altcoin weakness.

Trading at $175.41, SOL has gained 40.8% over the past 30 days, supported by a $91.13 billion market cap and $5.28 billion in 24-hour trading volume.

A bullish pennant breakout on the daily chart, as noted by analyst MartyParty, signals strong upward momentum, with growing volume and higher lows reflecting sustained buyer interest.

As the token soars, the $175–$180 range remains pivotal, with SOL testing this resistance after a 24-hour range of $170.01–$179.19.

In addition, the liquidation clusters in the $172–$174 zone, highlighted by Jesse Peralta, suggest potential volatility as high-leverage positions unwind.

Furthermore, global liquidity trends, correlated with SOL’s price per CryptoCurb’s analysis, provide macro tailwinds, amplifying the impact of Solana’s 25% April rally.

Away from Solana’s token price, on-chain metrics, including over 3,000 transactions per second and $364 billion in January volume, underscore Solana’s scalability and adoption, as detailed in 21Shares’ State of Crypto report.

Will the SOL price rise to $200?

Several compelling factors suggest that Solana’s price could indeed climb to $200, beginning with its recent integration into the 1inch decentralised finance platform, a move that enhances its ecosystem’s interoperability.

This 1inch integration allows for seamless cross-chain DeFi swaps, leveraging Solana’s high-speed and low-cost transactions to potentially draw more users and liquidity into the network.

Additionally, the Solana blockchain has experienced a dramatic surge in memecoin activity, with tokens like Dogwifhat (WIF) and Bonk (BONK) skyrocketing in popularity, boosting transaction volumes and reinforcing the network’s relevance.

The memecoin craze has not only heightened network usage but also attracted a fresh influx of retail investors, amplifying SOL’s visibility and demand across the crypto market.

Beyond this, Solana’s ecosystem continues to expand at a rapid pace, with integrations from industry giants like Visa, Shopify, and PayPal, alongside innovations such as Solana Blinks and the Saga smartphone, cementing its role as a leader in next-generation finance.

Institutional interest is another tailwind, with Solana recording $80 million in year-to-date inflows, outpacing rivals like SUI, and growing speculation around a potential Solana ETF adding further fuel to the bullish case.

The prospect of a Solana ETF, with applications from firms like Grayscale and VanEck under consideration, could serve as a major price catalyst, potentially pushing SOL well beyond $200 if approved.

However, challenges remain, as SOL faces technical resistance at the $180 level, and high-leverage liquidations between $172 and $174 could introduce short-term volatility that might temporarily hinder its ascent.

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Bitcoin reclaims $105,000: what are the next targets?

  • Gains follow reports of US-China tariff rollback.
  • Key support at $103,818 aligns with the 50-day EMA.
  • MACD signals bullish momentum as consolidation continues.

Bitcoin (BTC/USD) maintained its footing above the $104,000 level on Monday, buoyed by rising investor confidence amid signs of easing trade tensions between the US and China.

The world’s most-traded cryptocurrency touched an intraday high of $105,706 before settling near $104,420.33 at the time of writing.

This move follows weeks of sideways trading, and signals a potential shift in market sentiment.

Source: CoinMarketCap

Optimism around the rollback of US tariffs on Chinese goods has revived risk appetite across global markets.

For Bitcoin, the easing geopolitical backdrop has acted as a key driver behind recent gains.

BTC jumps on macro optimism

The latest surge comes as the US has scaled back tariffs imposed on China, raising hopes that global trade flows could improve and recession risks may ease.

This broader economic tailwind has extended into the crypto market, pushing Bitcoin above the psychological $105,000 barrier during intraday trading.

The move has been supported by bullish technical indicators. The 50-day Exponential Moving Average (EMA), currently near $103,818, has provided a strong base during recent consolidation.

Bitcoin’s ability to bounce off this level has reinforced confidence among traders.

Market participants are now eyeing the next resistance levels at $106,750 and $107,300.

These price points align with previous supply zones and could determine whether Bitcoin can sustain its upward trajectory in the near term.

Support holds at $103,818

The $103,818 level has emerged as a key line of defence for bulls. It coincides with the 50-day EMA and has served as a critical floor during the recent period of range-bound movement.

If Bitcoin can continue to hold above this support, it may provide the base for a renewed push toward higher levels.

However, if downward pressure intensifies and the price falls below this threshold, the next support lies at $103,080.

A breach of this level could trigger a broader pullback and push Bitcoin back into the lower end of its former trading channel.

The Relative Strength Index (RSI) is approaching overbought territory, which suggests that a near-term correction is still possible. Traders are watching this closely, particularly as Bitcoin navigates resistance zones.

Technical signals suggest caution

While recent gains are encouraging for Bitcoin bulls, indicators suggest that caution is warranted.

The Moving Average Convergence Divergence (MACD) is trending positive, with the MACD line crossing above the signal line and the histogram expanding.

This reinforces the bullish outlook, but also suggests that some short-term consolidation may follow.

The RSI, currently nearing levels above 70, implies that the market may be entering overheated territory.

Historically, such readings have often preceded brief corrections before fresh upside attempts.

Should profit-taking emerge, support levels at $105,000 and $103,818 will be tested once again.

Traders eye $107,000 barrier

With Bitcoin currently hovering around $104,420.33, momentum remains delicate.

A confirmed breakout above $105,706 could reignite buying interest, opening the path to the next targets at $106,750 and the psychologically significant $107,000 level.

Market sentiment will likely remain tied to macroeconomic developments, particularly progress on US-China trade discussions.

Any setbacks on that front could reverse the recent gains, while continued optimism may fuel another leg higher.

For now, Bitcoin’s resilience above $104,000 marks a key technical milestone, and all eyes are on whether the world’s leading cryptocurrency can convert this into a sustained rally.

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