Date: Sun, July 13, 2025 | 03:20 PM GMT

The cryptocurrency market is roaring this week, as Bitcoin (BTC) smashed through previous records to hit a new all-time high of $118K. Ethereum (ETH) followed closely with a 17% weekly gain. Amid this bullish wave, altcoins and memecoins alike are thriving — and Vechain (VET) is catching eyes with a breakout move that might just be getting started.

$VET has rallied an impressive 18% over the past seven days. But this isn’t just a momentum move — a deeper look at the chart reveals a bullish fractal pattern unfolding, one that looks remarkably similar to a recent and highly profitable setup in Algorand (ALGO).

Source: Coinmarketcap

VET Mirrors ALGO’s Bullish Breakout

A side-by-side comparison of VET and ALGO on the daily chart reveals a nearly identical setup.

ALGO recently broke out from a falling wedge — a classic bullish reversal pattern. After weeks of consolidation, it reclaimed the 100-day moving average and powered through the 200-day MA. This triggered a sharp 30% rally that continues to climb.

VET is now tracing the same path.

ALGO and VET Fractal Chart/Coinsprobe (Source: Tradingview)

It’s already broken out from its own falling wedge and climbed above the 100-day MA. The next major test is the 200-day moving average, which currently sits near $0.03008 — a level that acted as a breakout catalyst for ALGO.

What’s Next for VET?

If VET manages to close decisively above its 200-day MA with solid volume, it could trigger a move toward $0.034 and potentially higher — a gain of roughly 36% from current levels.

However, confirmation is essential. Until VET clears that final resistance and holds above it, there’s still room for consolidation or even a short-term rejection.

That said, the structural similarities between VET and ALGO — a fractal that already delivered 30% gains — are giving bullish traders a reason to keep VET on their radar.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.