- Analyst Michaël van de Poppe says VET is holding at a massively strong historical support zone now.
- A new “Stargate Staking” program offers up to 9% APY and is designed to make the VET token scarce.
- Key technical indicators like the RSI and MACD are flashing strong bullish signals for a price reversal.
VeChain (VET) is trading at a historically strong accumulation zone, as per analyst Michaël van de Poppe, who highlighted this fact in a social media post on X that VET is “holding onto massively strong support” with a valuation matching last year’s levels, despite several fundamental shifts in its ecosystem.
What takes the spotlight is the launch of VeChain’s Stargate Staking program, a move set to reduce inflation and create additional scarcity in VET’s tokenomics.
‘Stargate Staking’ to Boost VET Scarcity
The Stargate Staking initiative is a major leap forward for VeChain, offering up to 9% APY for early adopters who join within the first six months. The staking program directly addresses inflation concerns by reducing token emissions, thereby making VET more scarce.
The scarcity effect, combined with higher user participation, could provide the necessary flywheel to drive VET’s price higher in the medium term.
VET: Double Bottom and 300% Fibonacci Target
Van de Poppe’s weekly chart reveals a double bottom structure that has formed over the last several months, a classic bullish reversal pattern.
With more than 70% drawdown in the past 6 months, the asset now sits at a major historical demand zone. Previous rallies from these levels have been significant, with the last upward movement peaking at the 1.618 Fibonacci extension ($0.084).
If history rhymes, VET could be targeting a similar Fibonacci zone at $0.12 as the next major resistance, representing a potential 300% move from current levels.
Related: VeChain (VET) Price Prediction 2025-2030
VET Price Analysis: Momentum Shifts Toward the Bulls
The RSI is currently at 74.82, moving into the overbought territory, confirming strong bullish momentum. While this level does caution potential short-term pullbacks, it also indicates that buyers are firmly in control.
The MACD line has crossed above the signal line with increasing histogram bars, signaling a fresh bullish crossover, indicating the early stages of a trend reversal or breakout rally.
Further, the price has broken out above the upper Bollinger Band, which often precedes a continuation move in strong uptrends. Investors can expect VET to run toward its next resistance near $0.032–0.035, and possibly higher.
Related: VeChain (VET) Builds Quietly For Big 2025 Cycle With Real Use Cases
The BoP stands at 0.76, suggesting strong buyer dominance, which aligns with the recent breakout in price.
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