Have you noticed how the crypto market often heats up just as Bitcoin starts to cool off? That shift usually signals the start of altseason, and one analyst believes VeChain could be one of the tokens ready to take advantage of it.
At the moment, VET is trading around $0.024, with its yearly high sitting at $0.058. An analyst from the Altcoin Doctor YouTube channel, which has built a following of over 14,000 subscribers, has shared a detailed breakdown of where the VeChain price could be headed next.
He mentioned that Bitcoin dominance has started falling, a classic signal that money is rotating into altcoins. The timing also matters. October has a history of being a strong month for crypto rallies, and with the Federal Reserve hinting at a possible rate cut, conditions may be lining up for another surge across the market.
That backdrop sets the stage for the next big question: where could the VET price realistically go if altseason kicks off in full force?
What you'll learn 👉
Analyst’s Take on VET Price Targets
The analyst turns to Fibonacci retracement levels to map out realistic VET price targets. Using the high from the last altseason in 2021 and the low of 2023, the chart shows clear levels where VET could run into resistance and possibly break through.
So far, VeChain has already tested the 0.236 Fibonacci level and pulled back. If momentum returns, the analyst believes VET could climb as high as the golden pocket zone between the 0.618 and 0.682 levels. That range points to a VET price of around $0.17 to $0.18. From current levels, that represents about a 500% potential move.
Bigger Market Signals Supporting the Case
It is not just VeChain’s chart that supports this outlook. The analyst also looks at broader market signals like stablecoin dominance and Bitcoin’s share of the market. When stablecoin dominance falls, it usually means traders are deploying their cash back into assets like VET. The current trend is pointing that way.
Bitcoin dominance is also sliding, which has historically marked the start of altcoin surges. During past cycles, sharp drops in Bitcoin dominance lined up with massive alt runs. If that pattern holds, VeChain could be among the altcoins catching strong momentum.
What This Could Mean for VeChain
For anyone watching VET closely, the key takeaway is that the most realistic price zone sits between $0.17 and $0.18 during the coming altseason, according to the analyst. It is not a prediction of instant gains, rather a chart-based target built on how VeChain has reacted in previous cycles.
Crypto is often about timing, and altseason is when tokens like VET usually get their biggest attention. If the broader setup plays out, VeChain may finally revisit levels that have not been seen since the peak of the last bull run.
The analyst from Altcoin Doctor’s analysis makes one thing clear: VeChain has realistic upside potential if the altcoin season fully takes shape. The chart levels suggest a climb toward $0.17 to $0.18 could be in play, backed by historical patterns and market signals.
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The next few weeks will reveal whether VET can follow through. As always with crypto, nothing is certain, but that uncertainty is what keeps the space so exciting.
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