$VELO Token Price Forecast: A Potential Breakout and Long-Term Recovery
The VELO token is currently showing robust signs of accumulation and is signaling a potential upward trend after a prolonged period of consolidation. Recent market capitalization trends, which indicate consistent buying activity, support this positive outlook.
Structural Shift Signals Momentum
Technical analysis suggests that $VELO has emerged from a long-term bullish pattern. This structural change is evident as the token forms higher lows, pointing toward a steady market recovery rather than simple distribution. The recent drawdown in early December, which removed weaker holders, set the stage for this sustained accumulation.
Market Cap Strength Confirms Support
A decisive market cap breakout occurred above the $120M–$125M range in late December and early January, establishing this level as a new foundation of support. This stable base reinforces buyer confidence and indicates that the market is absorbing selling pressure effectively. The market cap now appears poised to expand further, potentially toward the $145M–$150M range.
Short-Term and Long-Term Targets
The current breakout pattern suggests that a recovery toward the $0.037 region is a natural short-term target. This level acts as a prior support-turned-resistance zone. If this initial breakout holds, it could represent a gain of approximately 314% from current levels.
Looking ahead, if the foundation for this move continues to hold, VELO has the potential to reach long-term levels around $1.80. This more ambitious target reflects a full recovery based on prior market cycles. The credibility of this upward movement is reinforced by expanding trading volume, which shows genuine market participation.
