VeChain (VET) Technical Analysis: Price Outlook 2026

BITmarkets Team

Jul 16, 2026

2 min read
VECHAIN
VeChain (VET) has remained under pressure throughout 2026, reflecting the broader weakness seen across the cryptocurrency market. After declining more than 8% over the past month, the token has extended its year-to-date losses beyond 50% as geopolitical uncertainty and cautious market sentiment continue to weigh on digital assets.

With price now trading near a key support area, traders may be watching to see whether VET can begin building a recovery or whether the broader downtrend is likely to continue.

VeChain (VET) technical analysis

VET 16.7

VETUSD - 1 Day Time Frame

Currently trading around $0.00480, VET remains above its immediate support at $0.00440. This level marks a new 2026 low and was last seen around May 2020, making it an important area where buyers have recently stepped in to defend price.

On the upside, the first significant hurdle is the $0.00550 support/resistance (S/R) level, which is currently acting as resistance after previously serving as a support area. A sustained move above this level could improve the short-term technical outlook and indicate that buying momentum is beginning to strengthen.

For now, however, VET remains within a broader bearish structure. Unless buyers are able to reclaim higher resistance levels, the token may continue trading within its current range while the market searches for a stronger directional catalyst.

VeChain (VET) price target

If VET breaks above the $0.00550 resistance and successfully establishes it as new support, the next upside objective could be the $0.00650 resistance level, last seen toward the end of May 2026. A move above this area could signal a more meaningful recovery, although such a scenario would likely depend on improving sentiment across the wider cryptocurrency market.

Conversely, if buying momentum fades, VET could continue consolidating between the $0.00440 support and the $0.00550 resistance. A break below $0.00440 could expose the token to additional downside pressure and potentially lead to a search for lower support levels.

As with most cryptocurrencies, VET's price action is likely to remain closely influenced by broader market sentiment, macroeconomic developments, and geopolitical events. Monitoring these factors alongside the key technical levels may help traders better assess whether the current consolidation develops into a sustained recovery or another leg lower.

Crypto assets are unregulated, decentralised and highly volatile assets which entail substantial risks and you may lose all invested capital. Refer to the Disclaimers for detailed information on potential risks.

Tags: Technical Analysis
Last Updated: Jul 16, 2026