According to crypto analyst Justin Bennett, an altcoin has the potential to grow 20 times or more in the coming months.

The strategist told his 75,000 Twitter followers that the decentralized supply chain management network VeChain (VET) is preparing for a massive upward trend to $ 1.60.

Bennett says that as long as Bitcoin (BTC) can hit a new all-time high, VET will grow 1.335% over the next two months. If the market cycle can extend into next year, VET could even climb to $ 3, an increase of 2.627% from current levels.

“Bitcoin breaks $ 65,000 = $ 1.60 for December vocational training, [theo ý kiến ​​của tôi].

If the cycle extends through March 2022, VET will likely be in the $ 2-3 US range. ”

The source: Justin Bennett / Twitter

For the next few days, Bennett believes the price will retest the nearest resistances at $ 0.13 and $ 0.14. Vechain’s all-time high is $ 0.28, still 150% away. At the time of writing, VET is trading at $ 0.12, according to CoinGecko, up nearly 14% from the day.

“$ VET looks great right now”.

The source: Justin Bennett / Twitter

Last month, Bennett said that VeChain correlates with the Cardano (ADA) blockchain platform and tends to see similar price movements over the following weeks.

Source: Justin Bennett / Twitter

You can see the vocational training prices here.

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Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.

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