Ve-chain VETUSD approaching trendline support on 3 day chart.
While at the same time VETETH pair looks like it is about to bottom.
RSI divergences and oversold levels have historically marked each major bottom in VETETH.
Both ETH and VET are smart contract platforms, it makes sense for holders
of Ethereum to rotate profits into a project like Ve-chain. A similar bottoming pattern
was formed in the ADAETH pair earlier in the year which marked the start of a big run
up for ADA.
While at the same time VETETH pair looks like it is about to bottom.
RSI divergences and oversold levels have historically marked each major bottom in VETETH.
Both ETH and VET are smart contract platforms, it makes sense for holders
of Ethereum to rotate profits into a project like Ve-chain. A similar bottoming pattern
was formed in the ADAETH pair earlier in the year which marked the start of a big run
up for ADA.