- VeChain’s momentum indicators signal a potential reversal after months of sustained bearish movement.
- Analysts spot bullish divergence on the weekly chart, hinting at growing internal strength beneath current prices.
- Consistent support defense near $0.010–$0.014 reflects accumulation and rising confidence among medium-term traders.
VeChain’s weekly chart is showing early signs of strength after months of sustained bearish pressure. The token’s price, which trades on Binance as VET/USDT, has faced a continuous downtrend since early 2024. However, analysts now point to improving momentum that could define a potential turning point.
According to market watcher FrienDowJones Ⓥ, “$VET hammer confirmed on the weekly. Momentum on the weekly is showing clearly a bullish divergence that is building up and the value is close to the 0 line again.” The analyst also noted that two of three technical indicators — CMF and MOM — already reflect bullish signs, with one remaining before full confirmation.
The chart shared by FrienDowJones Ⓥ presents VeChain trading slightly higher, closing near $0.01732 after gaining around 1.05 percent for the week. This rise followed a sharp drop that touched lows of $0.00982 before stabilizing.
Each rally attempt since early 2024 has faced resistance at the descending trendline, keeping price movement under heavy control. Moreover, weekly volumes remain moderate, reflecting caution among traders awaiting stronger confirmation of a trend shift.
Gradual Momentum Recovery Underway
Momentum indicators show steady improvement even as prices hold near lower zones. Since February 2025, VeChain’s momentum line has been climbing, forming higher lows while the price continues to decline.
This setup signals divergence — a condition where momentum strengthens despite weaker prices. Such a pattern often precedes directional reversals once buyers gain control. Additionally, the oscillator now approaches the neutral zone, suggesting underlying strength is quietly rebuilding.
During mid-2025, candles formed smaller bodies, indicating indecision and compression within narrow ranges. However, by late October, VeChain tested lower support again near $0.010 before rebounding toward $0.017. This tightening range hints at potential expansion ahead, often a precursor to volatility spikes. Resistance remains around $0.022, while strong support lies between $0.014 and $0.010.
Broader Market Shows Similar Behavior
According to another analyst, Brain2jene on X, VeChain’s behavior mirrors broader altcoin patterns. “Total market cap for Altcoins reacted very well from the purple box mentioned earlier in my posts. It’s similar to $VET, which yielded a channel breakout, so I expect the same if we follow through,” he said.
The analyst added that other major altcoins, including XRP and ETH, have shown promising signs. “XRP started to move, ETH closed well, waiting for another close,” he added, indicating improving sentiment across multiple assets.
Recovery Phase Gains Traction
The parallel improvement in altcoin charts adds weight to VeChain’s gradual recovery. Moreover, the consistent climb in momentum indicators suggests renewed confidence among medium-term traders.
Besides, the repeated defense of key support levels signals accumulation behavior beneath current prices. Hence, VeChain’s current consolidation could form a foundation for future bullish expansion if buying pressure sustains.
