VeChain Price Analysis: VET rallies from $0.115 support, ready to test previous high today?

TL;DR Breakdown VeChain price analysis is bullish today.VET/USD established a higher swing low above $0.115 yesterday.VET ready to test further highs. VeChain price analysis is bullish today as the market rallies from the $0.115 support and prepares to test the $0.14 resistance again. Therefore, we expect VET/USD to rally later today and potentially set a new higher high. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with a strong bullish momentum over the last 24 hours. The market leader, Bitcoin, is up by 5.46 percent, while Ethereum is up by 6.75 percent. Meanwhile, Cardano (ADA) is among the best performers, with a gain of 18 percent. VeChain price movement in the last 24 hours: VeChain moves away from $0.115 support VET/USD traded in a range of $0.1142 – $0.1326, indicating substantial volatility over the last 24 hours. The total trading volume increased by 7.75 percent and totals $1.19 billion, while the total market capitalization trades around $8.422 billion, resulting in a market rank of 22nd place. VET/USD 4-hour chart: VET targets the $0.14 resistance next? On the 4-hour chart, we can see the VeChain price rallying higher as bulls look to set another higher high this weekend. VET/USD 4-hour chart. Source: TradingView VeChain price action traded with a strong bullish momentum over the past month. From the $0.56 swing low set on the 20th of July, VET/USD gained more than 150 perc...