VeChain Price Prediction: Will 2M Transactions Boost VET's Market Growth?

The VeChain price movements have been fluctuating within an ascending triangle pattern, indicating a period of consolidation for traders. Recently, the price has oscillated between $0.037 and $0.029, with bears appearing to have the upper hand. Despite this short-term bearish trend, VeChain has experienced a notable surge over the past month, increasing by more than 16%. This suggests a potential underlying strength in the VET market, hinting at a possibility for future gains.