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Oversold Signals Point to a Price Rise: Is Velo on the Verge of a Surge?
Velo is in oversold territory, a signal that historically leads to strong price recoveries in the coming weeks.
The increasing use of Velo by financial institutions across Asia supports its long-term growth, boosting credibility.
Velo’s token unlock event in September 2025 could cause short-term volatility but has limited impact on its growth trajectory.
Velo (VELO) might be on the brink of a price surge. According to analysts, Velo has hit oversold levels, a point where big price increases have happened before. With these conditions now in place, the price could be on track for a significant rise in the coming weeks.
Velo’s Recent Market Movements
In the past few years, Velo has shown a lot of ups and downs. At the start of 2022, the price shot up, but quickly fell into a downtrend that lasted until mid-2023. During this period, the market formed lower lows, showing bearish sentiment. However, starting late in 2023, Velo started to recover, forming higher lows and a more stable pattern through mid-2024.
The market showed strong recovery signs in mid-2024, with a sharp increase in price. Although the price fell again after this rise, Velo has since begun moving upwards once more. Right now, the cryptocurrency is once again at oversold levels, and historically, this has been a sign of a coming rally. Traders are expecting the price to rise sharply in the weeks ahead.
Institutional Adoption Paving the Way for Stability
Velo is becoming a go-to platform for many institutions. Banks, payment providers, and money transfer companies are using Velo for regulated settlement services.Velo’s growth is particularly strong in Asia, with markets like Singapore, Thailand, Korea, and the Philippines increasingly adopting its services.
By 2026, Velo is expected to play a major role in powering some of Asia’s busiest foreign exchange corridors.This kind of institutional backing is building trust in Velo and could lead to more growth. As more financial institutions rely on Velo, its long-term potential looks stronger.
The Impact of Velo’s Token Unlock
Velo’s expected token unlock in September , 2025, could bring short-term volatility.The unlock will release 2.00 billion VELO tokens, worth $27.93 million, increasing the circulating supply by 11.4%. This could cause some price fluctuations as traders react to the increased supply.
Although this unlock event may create short-term market movements, Velo’s growing adoption by institutions could help stabilize its long-term growth. The increasing use of Velo for real-world financial transactions shows that the platform is likely to continue expanding, even with the added market volatility.
The post Oversold Signals Point to a Price Rise: Is Velo on the Verge of a Surge? appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.