The latest surge in the crypto market has helped numerous altcoins break out of multi-month downtrends that followed the Christmas market surge near the end of 2019.

One such coin, VeChain (VET), a Singapore-based enterprise blockchain platform for financial services and supply chain management, is now up 24% in the last week after breaking out of a 2-month falling wedge — a sign that a reversal is in the works.

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