Velo Targets Sharp Growth as Breakout Confirms End of Correction Phase

Velo’s breakout after years of accumulation shows strong momentum as its network scales Asian remittances with faster and cheaper payments.

VELO trades above key support with surging volume, confirming a bullish breakout that analysts believe could fuel exponential price growth.

With real adoption from banks and a BlackRock-backed stablecoin, Velo combines fundamentals and technicals for sustainable long-term strength.

Velo is entering a decisive phase after years of correction and accumulation, and analysts believe momentum is shifting sharply upward. According to crypto analyst Crypto Winkle, the project is solving Asia’s toughest financial bottleneck: expensive and delayed cross-border payments

Currently, Asian remittances cost 6–8% in fees and take 3–5 days through multiple banks. However, Velo’s protocol enables settlements in 1–2 seconds with fees under 1%. Moreover, real execution is already visible through Thai bank adoption, $1 billion in DEX volume, and the USDV stablecoin backed by BlackRock and US Treasuries.

Source: Crypto Winkle

The VELO token now trades at $0.013852 after a slight daily decline of 1.47%. Yet, its long-term chart suggests something bigger is forming. From historical highs near $0.25, VELO collapsed into a deep bear market, eventually bottoming around $0.001833. Hence, this area became the deepest retracement and served as a critical accumulation zone.

Technical Breakout from Symmetrical Triangle

Besides the fundamental progress, the technical structure has turned bullish. VELO spent months consolidating within a symmetrical triangle pattern. Lower support held steady while resistance lines declined, creating pressure for a breakout. Eventually, VELO broke above the descending resistance line decisively. This move came with a surge in volume, confirming strong buying activity.

Current trading shows VELO holding above the $0.013000 support, which now acts as a cushion against pullbacks. Additionally, volume trends reveal much higher participation compared to the quiet consolidation phase. Consequently, analysts see this breakout as the official completion of correction and accumulation cycles.

Price Projections and Outlook

Technical projections suggest potential targets reaching as high as $1.00, representing possible gains of more than 7,000% from the lows. The measured move calculation comes from the triangle’s height applied to the breakout point. Moreover, historical crypto cycles support such exponential recoveries after prolonged accumulation.

Hence, every conquered resistance could open fresh percentage gain opportunities. The logarithmic scale highlights exponential potential once momentum sustains. Besides, institutional interest through real-world adoption adds further strength to the bullish outlook.

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