VeChain (VET) Price Prediction: Could October Spark a 2x Rally?

Every crypto cycle seems to follow the same pattern. September arrives, prices slide, confidence fades, and many assume the run is over. Then October steps in and turns the market around.

An analyst from Altcoin Doctor YouTube Channel known for his market breakdowns, believes VeChain could benefit from this seasonal setup. He explains that the “September trap and October pump” has repeated almost like clockwork for the past 5 years. Each time, September drags the market lower, only for October to spark a strong rebound.

This year, he sees the same signs unfolding again. Bitcoin dominance is starting to cool off, the broader market is holding firm at key levels, and momentum may be building for another rally. If history repeats, VeChain might be one of the standout tokens to watch this month.

Current VeChain Price Action and Prediction

VeChain is trading around $0.023 with a market cap near $1.98 billion, ranking it 55 among all crypto assets. The VET token has already climbed 6% as October begins, a sign that momentum might be building. 

The analyst from Altcoin Doctor YouTube channel notes that every October recovery tends to be sharp and often pushes altcoins into double digit gains. That makes this month a potential turning point for VET price.

The chart setup for VeChain suggests a possible move toward the 0.136 Fibonacci level. From the current price, that would mean a jump of about 115% (a 2x rally). If that scenario plays out, VET could approach the $0.04 zone this month. Altcoin Doctor emphasizes that while such moves can sometimes happen within days, the larger pattern shows October as a strong month for altcoins overall.

Why Market Conditions Favor VET Token

Macro indicators also align with a bullish outlook. USDT dominance has been trending downward, which often signals capital moving back into altcoins. The total crypto market cap has retested $3.6 trillion and is targeting $5.6 trillion for this bull cycle. 

The analyst also points out that the altcoin market cap alone sits at $1.61 trillion with room to expand toward $2.44 trillion. A move of that size could fuel a broad rally, placing tokens like VeChain in a favorable position.

Read Also: Here’s Why This Expert Says Cardano ADA Will Break the Internet

The setup looks promising. Historical October patterns, improving altcoin conditions, and current technical targets all suggest a strong chance for upside in VET price. A 100% move is not guaranteed, yet the conditions Altcoin Doctor outlines make it a possibility worth following closely.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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