Enthusiasts of VeChain (VET) are closely watching a crucial moment in the coin's trajectory known as "The White Retest," which could potentially lead to a surge in its value. Despite optimistic projections, cautious optimism is warranted due to the current bearish trend in VeChain's market conditions, as indicated by technical indicators. The price movement of VeChain has been turbulent, showing bullish momentum from 2019 to late 2021, followed by a shift to a bearish trend with successive lower highs and lows. Since 2022, VeChain has been moving within a tight range, suggesting a phase of accumulation. More insights can be found on Cryptotale.
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