VeThor Breaks Out With 42% Daily Surge — More Upside Likely From Here

• VTHO broke out from a descending wedge pattern.
• A 5-wave impulse confirms a bullish reversal structure.
• Wave (iv) correction may end before $0.00279 support.
• Interested in buying or selling VETHOR VTHO? Read our review of the best exchanges to buy and sell VETHOR VTHO.

VeThor Token (VTHO) appears to have completed a prolonged corrective phase and is now showing early signs of a potential bullish trend reversal.

The higher-time frame chart confirms the breakout from a falling wedge structure, while the lower-time frame reveals a bull flag formation, which suggests trend continuation.

The price is now consolidating before the next decisive move.

VTHO Price Analysis

The 4-hour chart shows that VTHO concluded a complex W-X-Y correction within a broad descending wedge from a high of $0.010 in January.

After bottoming at approximately $0.0017 on April 7, the price broke out impulsively to the upside, signaling the end of the corrective structure.

The rising Relative Strength Index (RSI) supports the breakout move, which exited oversold conditions and now sits in bullish territory.

From yesterday’s low of $0.0021, we saw an increase of 62% to a high of $0.00338 in hours. The price has fallen slightly, around $0.0030, up over 40% since yesterday.

VTHO has tested the 0.236 Fibonacci retracement at $0.00345, drawn from the swing high at $0.0091 down to the bottom at $0.0017.

If momentum persists, the 0.382 and 0.5 Fib levels at $0.00452 and $0.00540 are the next logical targets for continued bullish action.

The structure suggests that the downtrend exhaustion and the aggressive rally off the lows could be the start of a new cycle.

Looking for a safe place to buy and sell VETHOR VTHO? See the leading platforms for buying and selling VETHOR VTHO.

However, due to the sharpness of the move, a short-term correction or consolidation was expected and is healthy before continuation.

If VTHO holds above $0.0028, the bullish scenario remains intact.

VTHO Price Prediction

Zooming into the 1-hour chart, VTHO shows a textbook five-wave impulsive structure.

Waves (i) through (iii) have been completed, with price action now moving in a triangle-like consolidation within wave (iv).

The RSI shows bearish divergence during wave (iii), which supports the current consolidation but doesn’t necessarily indicate trend reversal.

Wave (iv) may extend lower toward the $0.00279 region, coinciding with the 0.382 Fib retracement of wave (iii).

If this zone holds, the expected fifth wave could resume, targeting the $0.00357 (0.618 extension), $0.00379 (0.786 extension), and possibly $0.00406 (full extension of wave (i)-(iii)).

The triangle pattern forming during wave (iv) hints at a bullish breakout as its resolution.

A clean breakout with increasing volume above $0.0031 would likely initiate wave (v).

If wave (iv) extends deeper or violates key support below $0.00279, the impulsive structure would be invalidated, favoring a longer corrective phase.

The bullish impulse remains valid if the structure respects Fibonacci and triangle boundaries, and there is upside potential as wave (v) unfolds.

Key Levels to Watch

• Support: $0.00279.
• Resistance 1: $0.00345 (0.236 Fib).
• Resistance 2: $0.00357 (0.618 Fib extension).
• Resistance 3: $0.00406 (full wave (v) projection).