Virtuals Protocol Gains Momentum with 230% Trading Volume Surge
- VIRTUAL token shows significant recovery signs, rising to $1.03 from March lows.
- Trading volume has surged 230% as the token breaks above key moving averages, potentially heading toward $1.50 level.
The Virtuals Protocol (VIRTUAL) shows signs of a major price recovery after experiencing a long-lasting bearish trend starting from December 2024. Technical analysis along with recent market movements indicate that the altcoin may be entering a bullish trend.
The price structure of VIRTUAL reached its peak at $4.50 in December 2024 before experiencing a rapid decline that dropped it to $0.70 during March-April 2025. The token has moved above its prolonged consolidation phase near the bottom and now trades at $1.03.
Technical indicators show multiple supporting signals for the current price increase. The Social Sentiment indicator demonstrates a positive reading of 0.25244. Meanwhile, its green histogram bars have grown taller throughout the past weeks. The market sentiment continues to improve while trader bullishness continues to grow stronger.
According to CMC data, the uptrend appears supported by high volume. The daily trading volume has surged by almost 230%, suggesting increased trader activity.
What’s Next in Virtual Protocol Price?
On the daily technical chart, VIRTUAL surpassed both its 50-day and 200-day exponential moving averages. Moreover, the price has successfully maintained support above the 0.75 level after it operated as a previous resistance point, suggesting bullishness.
The technical indicator MACD displays positive signals. Both the MACD and signal curves have moved above each other in an upward trend, which indicates strong bullish market conditions. The crossover tends to happen before prices maintain their direction for an extended period.
The RSI curve reached 76.80, which indicates powerful buying activity. The asset shows potential overbought conditions, yet the rising price action and consistent oscillator growth confirm the strength of this current price movement.
The technical analysis indicates VIRTUAL will likely sustain its upward trajectory toward resistance at $1.50 as it recovers from its previous support levels during January 2025. Investors must practice proper risk management for investments because VIRTUAL shows significant price volatility.
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Virtuals Protocol Gains Momentum with 230% Trading Volume Surge
- VIRTUAL token shows significant recovery signs, rising to $1.03 from March lows.
- Trading volume has surged 230% as the token breaks above key moving averages, potentially heading toward $1.50 level.
The Virtuals Protocol (VIRTUAL) shows signs of a major price recovery after experiencing a long-lasting bearish trend starting from December 2024. Technical analysis along with recent market movements indicate that the altcoin may be entering a bullish trend.
The price structure of VIRTUAL reached its peak at $4.50 in December 2024 before experiencing a rapid decline that dropped it to $0.70 during March-April 2025. The token has moved above its prolonged consolidation phase near the bottom and now trades at $1.03.
Technical indicators show multiple supporting signals for the current price increase. The Social Sentiment indicator demonstrates a positive reading of 0.25244. Meanwhile, its green histogram bars have grown taller throughout the past weeks. The market sentiment continues to improve while trader bullishness continues to grow stronger.
According to CMC data, the uptrend appears supported by high volume. The daily trading volume has surged by almost 230%, suggesting increased trader activity.
What’s Next in Virtual Protocol Price?
On the daily technical chart, VIRTUAL surpassed both its 50-day and 200-day exponential moving averages. Moreover, the price has successfully maintained support above the 0.75 level after it operated as a previous resistance point, suggesting bullishness.
The technical indicator MACD displays positive signals. Both the MACD and signal curves have moved above each other in an upward trend, which indicates strong bullish market conditions. The crossover tends to happen before prices maintain their direction for an extended period.
The RSI curve reached 76.80, which indicates powerful buying activity. The asset shows potential overbought conditions, yet the rising price action and consistent oscillator growth confirm the strength of this current price movement.
The technical analysis indicates VIRTUAL will likely sustain its upward trajectory toward resistance at $1.50 as it recovers from its previous support levels during January 2025. Investors must practice proper risk management for investments because VIRTUAL shows significant price volatility.
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