VeChain rallies 17% on Interstellar upgrade as technicals signal overbought conditions
VeChain (VET)
Editor:
Eugene Serbin
Tradersunion.com reports that VeChain (VET) has surged approximately 17% this week to trade near $0.0097. This momentum follows the completion of the Interstellar mainnet upgrade on September 16, 2026, which brought full Ethereum Virtual Machine equivalence to the network via the VIP-255 proposal. The upgrade allows Ethereum smart contracts to run directly on VeChain, a development widely cited as the primary driver for the recent price action.
Technical indicators show strong upside momentum, with the MACD and ADX pointing higher while the RSI sits at 69.12405264, approaching overbought territory. Volatility is recorded at 23.31%, supporting a sustained move higher within the current range. Price action remains firm near the weekly high of $0.009914, indicating persistent bullish interest.
However, the overbought momentum suggests a potential for near-term pauses as the upgrade becomes fully priced in. Support is identified at $0.008177, while resistance lies near the current weekly high. Analysts note that the token entered a consolidation phase after the upgrade before this latest push.
The base case favors further advances as long as price holds above the support level. A break above $0.009914 could trigger a move toward the upper projected range near $0.011335. Conversely, a drop below $0.008177 would risk deeper consolidation.
How the market reacted
Whalio's own Binance spot order flow for VET, measured when this story was written up on 26 September 2026. Not the outlet's figures.
Whalio’s spot data shows VET trading at $0.009524, with a 24-hour buy ratio of 52.5% indicating a slight majority of buyers. However, the 1-hour buy ratio has dropped to 44.8%, suggesting that short-term buying pressure is fading compared to the broader 24-hour trend. The 4-hour buy ratio stands at 53.0%, sitting between the short and long-term readings. Volume delta reflects this shift, showing a net outflow of $20,905 in the last hour against a net inflow of $60,104 over four hours. The 24-hour volume delta remains positive at $105,407, confirming that cumulative buying has outweighed selling over the full day. This divergence indicates that while the daily trend remains bullish, immediate momentum is weakening.
The latest daily buy ratio of 59.1% sits at the 99th percentile of the last 322 days, against a median of 50.2% - among the strongest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for VET, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.8%, with the latest day showing a marginal increase of 1.7 points. Despite this slight uptick in buying ratio, spot volume was only 0.68x the weekly average, indicating lower participation. The 24-hour volume delta of $105,407 represents a significant portion of the 8-day total volume delta of $460,706. This suggests that recent trading activity has been more intense per hour than the weekly average implies. The price change over eight days stands at 21.0%, aligning with the reported weekly rally. This volume contraction relative to the price gain highlights a potential lack of broad conviction in the current move.