Cointelegraph joins VeChainThor network: VET technical outlook

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VeChain jumps 7.02% as upgrade fuels gains

Highlights

VeChain announced the Interstellar Upgrade for the VeChainThor network, introducing new features to expand utility and ecosystem growth.
Cointelegraph became a validator on VeChainThor, bringing institutional credibility and potentially encouraging broader market involvement.
VET/USD trades in a bullish structure with strong upward momentum, projected to consolidate in the $0.007309 to $0.00781427 range but faces short-term overbought conditions.

Network upgrades and validator adoption boost sentiment and demand outlook

VeChain has announced the Interstellar Upgrade for its VeChainThor network, introducing a set of new technical features designed to broaden utility and attract greater ecosystem development, according to Kryptorevolution. This upgrade is expected to drive network adoption, which can translate into higher transaction volumes and support ongoing demand for VET. Separately, Cointelegraph's decision to become a validator for VeChainThor brings additional institutional credibility and may encourage wider market participation.

Overbought signals emerge as price holds above key levels

On the technical side, VET/USD remains firmly above the MA-20 and MA-50 on the H1 chart, and also well above the daily MA-200. The immediate support is located at the Ichimoku Kijun level of $0.00724, while the current price action holds near session highs. Momentum indicators reinforce the prevailing uptrend: MACD and ADX both signal buy conditions, Bull/Bear Power favors buyers, and the Awesome Oscillator aligns with the bullish setup. However, with RSI at 65.7, Stochastic RSI, and CCI all pointing to overbought levels, conditions are stretched and susceptible to a short-term pullback or consolidation.

Consolidation expected with breakout potential if support holds

For the next 2–3 trading days, VET/USD is expected to consolidate within the $0.007309–$0.00781427 range, in line with typical volatility for this setup. The probability of further gains remains very high, and a continued bullish move could see price break intraday resistance for fresh highs. The main near-term risk is a pullback if price slips below the immediate support at $0.00724, which could open the door for deeper consolidation.

Viktoras Karapetjanc, Traders Union expert, sees VeChain’s current strength as supported by fundamental progress and positive sentiment. He believes the Interstellar Upgrade and Cointelegraph’s validator role add institutional weight and drive strong network confidence. Momentum remains firm despite overbought readings, suggesting any pullbacks should be shallow. Karapetjanc maintains a constructive outlook as long as support at $0.00724 holds. "The combination of technical upgrades and new institutional validators implies that VeChain’s rally has a healthy foundation and room for continued upside," he says.

Earlier, analysts noted that VeChain was maintaining strong bullish momentum, though short-term overbought conditions called for caution. Building on that outlook, the latest technical setup combined with the Interstellar Upgrade announcement reinforces the prevailing uptrend, with traders now watching the $0.00724 level as a key threshold for potential consolidation or renewed gains.

Source of Data: VET Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.