Vechain recently announced a partnership with Egrid and it has caused a spike above the 0.5 fib as seen below
daily chart
Resistance has been established at the long term down trend line as seen below
1 hour chart
Egrid announcement https://medium.com/@vechainofficial/vechain-signs-a-partnership-agreement-with-shanghai-egrid-consulting-co-ltd-368089e6011e