An analyst shared a hidden breakout opportunity for VeChain, targeting as high as $2, particularly for the XRP community.
Key bullish signals include a full candle close above the 21-day EMA at $0.027 and a confirmed close above the symmetrical triangle's upper boundary at $0.06.
The projected price target of $1.80 to $2 is based on a measured move of the symmetrical triangle pattern and aligns with the 1.618 Fibonacci extension.
While technical indicators are strong, confirmation is crucial to avoid risks like a 'dead cat bounce' if key levels are not sustained.