- VET price prediction turns cautiously bullish after reclaiming its year-long descending trendline
- VeChain’s Interstellar upgrade is targeted for September 16, improving EVM compatibility
- VET derivatives volume jumped 152.25%, but longs still took the bulk of today’s liquidations
The VET price prediction stays cautiously bullish after this week’s 26% sharp rally, but the setup isn’t fully confirmed yet. Lose $0.0067 and the setup weakens fast, since much of this move is built on positioning that’s chasing price rather than confirming a bottom.
VeChain Price Analysis: Did VET Just Reclaim Its Year-Long Downtrend?
VET broke above the descending trendline running from January’s high this week, a line that had rejected every recovery attempt for eight straight months. Price surged from $0.0044 to a high of $0.0069 before settling near $0.0066, right around the same level where that trendline now sits, roughly $0.0067.
That’s a meaningful technical development, but it’s happening inside a much bigger downtrend that’s still intact on the higher timeframes. The weekly Bull Market Support Band, between $0.0056762 and $0.0060177, has now been cleared, and the 200-day EMA at $0.0070190 sits just above price as the next real test.
Below current price, the shorter EMAs tell the real story of how sharp this move was. The 20-day sits at $0.0053455, the 50-day at $0.0050665, and the 100-day at $0.0053772, all well beneath where VET is trading now. That kind of gap between price and the shorter-term averages usually means the move happened too fast for the trend indicators to catch up, not that the broader trend has actually flipped.
VET Support and Resistance Levels, August 27, 2026
| Type | Price | Level |
| Resistance | $0.0069 | Weekly high |
| Resistance | $0.0070190 | 200-day EMA |
| Support | $0.0067 | Reclaimed descending trendline |
| Support | $0.0060177 | Bull Market Support Band, upper bound |
| Support | $0.0056762 | Bull Market Support Band, lower bound |
VeChain News: Interstellar Upgrade Targeted for September 16, Improves EVM Compatibility
VeChain’s Interstellar upgrade is expected to activate at block height 25,902,540, projected to land around September 16, according to analyst Lee the Captain. The upgrade has already passed its governance vote and is now just waiting on the chain to reach that block height naturally.
The core change improves VeChain’s Ethereum Virtual Machine (EVM) compatibility, the layer that determines how easily Ethereum-based developer tools and smart contracts can run on VeChain. In practice, this means:
- Existing Ethereum developers can build on VeChain without learning a new toolset
- The upgrade is a long-term developer-adoption play, not a short-term price trigger
- Benefits are expected to play out over years, not days
Lee the Captain was explicit that this week’s 26% rally has nothing to do with the upgrade and instead reflects a broader market recovery, a distinction worth taking seriously. Conflating the two would overstate what this specific catalyst is likely to do to price in September.
VeChain News: How Is VeChain Diversifying Beyond Supply Chain?
VeChain has pushed beyond its original supply chain use case in 2026:
- Added a new focus on AI
- Maintained existing partnerships with UFC and Power Slap
Lee the Captain reads this as a sign of a project with enough resources to diversify, unlike peers scaling back amid weaker conditions.
On market cap: VET sits at roughly 1/10 of its December 2024 peak. Unlike Bitcoin or Ethereum, getting back there wouldn’t require a new all-time high — VET has already traded at that level before.
Are VET Derivatives Signaling Fresh Money or Just Repositioning?
VET’s derivatives volume jumped 152.25% to $52.98M over the past 24 hours, and open interest rose 19.20% to $37.83M. Both rising together points to fresh money entering, not just existing positions changing hands.
Positioning is tilted long. Binance’s account ratio sits at 1.5164, and its top traders run even more bullish at 1.7473 by account, meaning experienced traders are leaning further into longs than the average account. Yet short sellers are the ones getting caught out so far, $110.95K of the $151.42K liquidated in the past 24 hours came from shorts. If price stalls near the 200-day EMA at $0.0070190 instead of clearing it, that long-heavy positioning is what’s exposed next.
| Metric | Value | What it shows |
| Derivatives volume (24h) | $52.98M, up 152.25% | Trading activity surged with the breakout |
| Open interest | $37.83M, up 19.20% | Fresh positions built, not just reshuffled |
| Short liquidations (24h) | $110.95K of $151.42K total | Shorts are getting caught out for now |
| Binance top trader long/short ratio | 1.7473 | Experienced traders leaning further long than average |
VET Price Prediction: Upside and Downside Targets
Bullish Case, Target: $0.0070190 (200-day EMA)
VET holds above the reclaimed trendline near $0.0067 and clears the 200-day EMA at $0.0070190, a level it hasn’t traded above since before this year’s downtrend accelerated. Continued market-wide recovery, plus growing attention as the September 16 Interstellar upgrade approaches, would support a push toward that level, though Lee the Captain’s framing suggests the upgrade itself is unlikely to be the trigger for it.
Bearish Case, Risk Level: $0.0056762 (Bull Market Support Band)
VET fails to hold the reclaimed trendline and slips back below it, exposing the heavily long positioning flagged in Binance’s top trader data. If broader market sentiment reverses rather than continuing to recover, the same move that drove this week’s 26% rally could unwind just as fast, sending price back toward the Bull Market Support Band between $0.0056762 and $0.0060177.
Our Take: The Positioning Doesn’t Match the Price Action
Binance’s top traders are more long-skewed than the average account, yet shorts are the ones taking most of today’s liquidations, not longs.
That’s backwards from how a typical squeeze usually plays out. It suggests experienced traders are adding to longs simply because price is going up, not because they’re confident the bottom is in. That’s the kind of positioning that unwinds fast if VET gets rejected at the 200-day EMA instead of clearing it.
FAQs
VET trades near $0.0066 after reclaiming a descending trendline that’s held since January. The bullish target is $0.0070190 at the 200-day EMA, while the bearish risk level is $0.0056762 at the Bull Market Support Band if the trendline fails to hold.
No, according to analyst Lee the Captain. This week’s 26% rally reflects a broader market recovery rather than VeChain’s Interstellar upgrade, which is a long-term developer-adoption catalyst expected to play out over years rather than something that would drive a single week’s price move.
It improves VeChain’s EVM compatibility, the layer that lets Ethereum-based developer tools and smart contracts run on VeChain, making it easier for existing Ethereum developers to build on the network without learning a new toolset.
VET’s market cap sits at roughly one-tenth of its December 2024 peak. Unlike Bitcoin or Ethereum, VET wouldn’t need a new all-time high to get back there, since it has already traded at that level before.
VET just cleared a meaningful technical level with real volume behind it, but the derivatives positioning looks more like traders chasing price than confirming a genuine bottom. This is not financial advice, so weigh the bullish and bearish cases above against your own research and risk tolerance.
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