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MainNewsVirtual Prot...

Virtual Protocol (VIRTUAL) Builds Steam After Big Rally — Is $2 the Next Stop?


by Zayan
for TheNewsCrypto

Virtual Protocol (VIRTUAL) Builds Steam After Big Rally — Is $2 the Next Stop?

  • Technical indicators show VIRTUAL may push above $2 in the coming weeks if buying momentum sustains.
  • The weekly structure suggests a mid-term retest of the $4.60–$5.00 resistance.

After surging by 23.2% to touch $1.43, Virtual Protocol (VIRTUAL) has broken key psychological barriers, reigniting bullish interest across technical circles. This isn’t the first time VIRTUAL has moved this sharply — similar rallies in past cycles were followed by strong continuation patterns.

Trading volume spiked significantly, driven in part by FOMO behavior, renewed confidence in the protocol’s AI x Metaverse narrative, and recent partnership announcements. The $1.10–$1.30 accumulation zone has become a support base.

Technically, VIRTUAL is trying to form a bullish pennant following its latest leg up. This pattern, often considered a continuation setup, hints at a potential push toward the $1.80–$2.00 region if validated with substantial volume. Analysts tracking similar price structures in mid-cap altcoins like RNDR and OP have seen similar breakouts in Q1 2025.

Technical Indicators Align in Bullish Convergence

On the daily chart, VIRTUAL’s Relative Strength Index (RSI) sits at 93, reflecting overbought conditions. However, in a bull trend, this often signals strength, not exhaustion, although a price correction movement is a possibility. During its January 2025 rally to $5.12, RSI hovered above 70 for nearly 10 days before peaking.

The MACD chart shows a potential bullish move as the histogram flips positive run. The recent bull momentum adds to the token’s Short term upside.

Source: SosoValue 

Meanwhile, the 10-day MA and 60-day MA, at $0.93 and $0.72, are curving upwards. The Golden Cross, formed three sessions ago, is a strong medium-term bullish signal.

Can VIRTUAL Revisit the $5 Zone in 2025?

Historically, VIRTUAL peaked near $5.12 during its January highs before entering an extended correction — an 89% decline followed, characteristic of speculative tokens. With a 43% monthly gain and nearly 87% weekly surge, the market seems to be reversing course with force.

If VIRTUAL breaks past $1.80, the following resistance zones lie at $2.20, then $3.00, and finally, the critical $4.61 level — which was supported before the macro correction earlier this year. If momentum sustains and the broader crypto market (led by Bitcoin) continues to hold its ground, a retest of $5.00 by late 2025 is plausible.

However, traders must factor in retracement risk. A drop toward $1.10–$1.20 wouldn’t likely invalidate the bull trend but could shake out weak hands. Scalpers may eye bounces off these levels, while swing traders might likely hold for a larger move.

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MainNewsVirtual Prot...

Virtual Protocol (VIRTUAL) Builds Steam After Big Rally — Is $2 the Next Stop?


by Zayan
for TheNewsCrypto

Virtual Protocol (VIRTUAL) Builds Steam After Big Rally — Is $2 the Next Stop?

  • Technical indicators show VIRTUAL may push above $2 in the coming weeks if buying momentum sustains.
  • The weekly structure suggests a mid-term retest of the $4.60–$5.00 resistance.

After surging by 23.2% to touch $1.43, Virtual Protocol (VIRTUAL) has broken key psychological barriers, reigniting bullish interest across technical circles. This isn’t the first time VIRTUAL has moved this sharply — similar rallies in past cycles were followed by strong continuation patterns.

Trading volume spiked significantly, driven in part by FOMO behavior, renewed confidence in the protocol’s AI x Metaverse narrative, and recent partnership announcements. The $1.10–$1.30 accumulation zone has become a support base.

Technically, VIRTUAL is trying to form a bullish pennant following its latest leg up. This pattern, often considered a continuation setup, hints at a potential push toward the $1.80–$2.00 region if validated with substantial volume. Analysts tracking similar price structures in mid-cap altcoins like RNDR and OP have seen similar breakouts in Q1 2025.

Technical Indicators Align in Bullish Convergence

On the daily chart, VIRTUAL’s Relative Strength Index (RSI) sits at 93, reflecting overbought conditions. However, in a bull trend, this often signals strength, not exhaustion, although a price correction movement is a possibility. During its January 2025 rally to $5.12, RSI hovered above 70 for nearly 10 days before peaking.

The MACD chart shows a potential bullish move as the histogram flips positive run. The recent bull momentum adds to the token’s Short term upside.

Source: SosoValue 

Meanwhile, the 10-day MA and 60-day MA, at $0.93 and $0.72, are curving upwards. The Golden Cross, formed three sessions ago, is a strong medium-term bullish signal.

Can VIRTUAL Revisit the $5 Zone in 2025?

Historically, VIRTUAL peaked near $5.12 during its January highs before entering an extended correction — an 89% decline followed, characteristic of speculative tokens. With a 43% monthly gain and nearly 87% weekly surge, the market seems to be reversing course with force.

If VIRTUAL breaks past $1.80, the following resistance zones lie at $2.20, then $3.00, and finally, the critical $4.61 level — which was supported before the macro correction earlier this year. If momentum sustains and the broader crypto market (led by Bitcoin) continues to hold its ground, a retest of $5.00 by late 2025 is plausible.

However, traders must factor in retracement risk. A drop toward $1.10–$1.20 wouldn’t likely invalidate the bull trend but could shake out weak hands. Scalpers may eye bounces off these levels, while swing traders might likely hold for a larger move.

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Floki Inu Surges 8.77% as Symmetrical Retest Confirms Potential Bullish Setup

Read the article at TheNewsCrypto

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Buterin Sets Two Key Goals for Ethereum’s Future: Usage Expansion and Resilience 

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The Ethereum Foundation unveiled a new leadership organization, with co-founder Vital...
XRP Breaks Multi-Year Resistance: Analyst Predicts $9.5 to $27 Target Range

XRP Breaks Multi-Year Resistance: Analyst Predicts $9.5 to $27 Target Range

Trading at $2.28 as of press time, XRP shows a 2.25% daily dip but remains up 8.88% o...