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The cryptocurrency market is making a recovery after its recent crash. The crypto market recorded its most significant one-day liquidation in history. VeChain (VET) is also following the market-wide recovery. According to CoinGecko’s VET data, VET’s price has rallied 9% over the last 24 hours. Despite the rebound, the asset is still trading in the red zone in the other time frames. VET is down 16.9% in the last week, 13.2% in the 14-day charts, 25.3% over the previous month, and 15% since October 2024. However, VeChain (ET) could register a big price rally over the coming weeks. Let’s discuss. Source: CoinGecko VeChain’s Price Predicted To Rally Another 31% Source: blockchainreporter October has historically been a bullish month for the crypto market. Early October seems to be taking a bearish turn, defying the historical pattern. Things could improve over the coming weeks. VeChain (VET) and the larger crypto market faced a massive correction due to trade dispute...

A trader who continues to build a following with timely calls on Bitcoin (BTC) and altcoins is issuing a warning on the broader crypto market. Crypto analyst Benjamin Cowen tells his 1 million followers on the social media platform X that he sees Bitcoin breaking support at $100,000. “Will likely see BTC back at its bull market support band soon, back in the mid-$90,000 range.” Source: Benjamin Cowen/X The bull market support band is formed by the 20-week simple moving average (SMA) and the 21-week exponential moving average (EMA). The analyst says his prediction is based on Bitcoin’s price action in the last two years, when Bitcoin started to roll over and gave up gains in the third quarter. “I’ve mentioned for a while on Youtube that Bitcoin would likely start exhibiting some weakness around mid-June as the Q3 weakness starts to present itself. The same thing happened the last couple of years. I think the next low is around Aug...