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141 shares, 354 points

Legendary crypto analyst Michaël van de Poppe said that an institutional-focused altcoin project is approaching the entry level where it can make an effective exit. In his latest analysis, Poppe focuses on popular supply chain platform VeChain (VET) and points to November’s local highs. Let’s take a look at the current VET analysis that we compiled as Kriptokoin.com .

Van de Poppe: Looking for great deals

VeChain is a cryptocurrency and Blockchain platform built for enterprise solutions to help companies optimize their supply chains. In his recent statements, Van de Poppe said that $0.075 will act as a “trigger” for VET. The 34th-ranked cryptocurrency by market cap reached the $0.08 region after making this expected exit. The market-wide rise is accompanied by VeChain (VET) gains of 11.33% in the last 24 hours, but still around 12% behind where it was quoted by prices a week ago.

Justin Bennett shares his predictions for the rally in the altcoin project

Van de Poppe is not the only analyst who has been expecting a rise on VeChain lately. Last week, Twitter analyst Justin Bennett said that VET could skyrocket several times over its current price:

As long as VET is above $0.06, I’m still in an uptrend for next year. I think if we go above $0.10, we could reach $0.103, $0.12 and then potentially $0.15.

  • Bennett also shared that VET price could target the $0.38-0.40 region after a possible rally.

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354
141 shares, 354 points

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