Vechain: When Will VET Breach Its All-time High of $0.28?

Vinod Dsouza
VeChain VET
Source: Unsplash

VeChain experienced a phenomenal run in 2021 as it spiked from a low of $0.018 to reach an all-time high of $0.28. VET deleted a ‘zero’ in the indices during the first four months of 2021 to reach its ATH in April of the same year. The cryptocurrency was among the top gainers during the bull run making early investors sit on a sack full of profits.

Also Read: VeChain Price Prediction For February 2023

VET/USDT Chart by TradingView

However, VeChain saw a drastic dip in price during the bear market. The cryptocurrency is now trading at $0.026 and is 90.7% down from its all-time high. Investors are eagerly waiting for VET to pick up steam and replicate its 2021 success. However, when could VeChain breach its all-time high again, and how long could it take to reach there? Let’s find out!

VeChain To Breach Its All-Time High in 2026?

VeChain VET
Source: Pixabay

Price prediction and analytics firm Gov Capital has forecasted that VeChain could breach its all-time high of $0.28 in February 2026.

The analytical firm predicted that VeChain’s price could climb above its April 2021 ATH, and reach $0.30 only in February 2026.

Also Read: Bitcoin Could reach $1 Million By 2030: Here’s How

Source: Gov Capital

Therefore, according to Gov Capital, VET could rise around 400% in the next three to four years to breach its ATH. Gov Capital’s estimations take several variables into accounts such as volume changes, price movements, and market cycles, among others.

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VeChain’s technical analysis at TradingView also points towards a ‘buy’ with the moving average showing a ‘strong buy’ at 14. The Oscillators remain ‘neutral’ at 7, with the overall summary moving towards a ‘buy’ zone at 14.

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At press time, VeChain was trading at $0.026 and is up 8.1% in the 24-hour day trade. VET is down 90.7% from its all-time high of $0.28 which it reached in April 2021.