VeChain: How high can VET reach in March 2024?

Sona59

VeChain (VET) has experienced a significant rebound in the past two weeks. The asset's price surged on February 14, possibly due to the registration of the V3TR trademark in the United States. The project aims to enter the financial transaction sector worth billions of dollars.

How high can VeChain (VET) reach in March 2024?

According to CoinCodex, VeChain (VET) may undergo consolidation at its current levels. However, the platform anticipates that by March 17, VET's price could rise to $0.0488.

Changelly suggests that the highest price for VeChain (VET) in March 2024 might reach $0.0495. Achieving $0.0495 from the current level would represent an approximately 5.3% growth. For the entire year, Changelly predicts the highest price for VET to be $0.0720, possibly reaching that by December 2024. Reaching $0.0720 from the current level would translate to about a 53% increase. Additionally, the platform forecasts that by June 2028, four years later, VET could reclaim its historical high of $0.28.

On the other hand, Telegaon holds a more pessimistic view of VeChain (VET). The platform forecasts that the highest price for VET this year could reach $0.055. Achieving this price point from the current level would represent an approximately 17% increase. Telegaon anticipates that by 2027, approximately three years later, VET could reclaim its historical high of $0.28.

If the market enters a bull market, VeChain (VET) could potentially start rebounding later this year. Many analysts expect that the Bitcoin (BTC) halving in April and the possibility of an Ethereum (ETH) ETF in spot markets will drive the bull market.

Samiksha

Even in a bull market, there are many people who remain pessimistic.

Ritu77

There is still a chance for it to reach very high levels.