VIRTUAL Shows Bullish Momentum Confirmed by Trading Volumes
The VIRTUAL token has recently broken through several key resistance levels, establishing itself as one of the most closely watched assets right now. This performance marks a significant reversal after several months of consolidation. The price is now evolving in a zone favorable to buyers, with trading volumes showing a clear increase.
On-chain data shows progressive accumulation by medium-sized wallets, indicating growing interest beyond mere speculative movements. The market structure remains constructive with well-established ascending lows since mid-February. The 50 and 200-period moving averages are now positively oriented, a technical signal generally associated with the continuation of a bullish trend.
Nevertheless, the daily RSI has reached the overbought zone. Additionally, the token is facing a significant liquidity zone between $1.8 and $1.98. If the token breaks through this zone, another major liquidity area on the 3-day chart between $2.2 and $4 awaits the price.
If the token crosses $2 with volume, the next major zone is concentrated between $2.7 and $3.17.
Two Price Action Scenarios to Watch Closely
Technical analysis identifies two possible trajectories for VIRTUAL in the upcoming sessions. The bullish scenario forecasts a continuation toward the $2.5 zone if the current support around $1.75 holds firmly. This level represents an important technical confluence with the 161.8% Fibonacci extension, a target frequently observed during impulsive movements.
In this favorable context, traders are particularly monitoring price behavior during resistance tests. A confirmed breakout with significant volumes would validate the hypothesis of an extension toward higher peaks. Momentum indicators like the MACD display a bullish crossover, reinforcing this perspective.
Conversely, the bearish scenario would involve a technical retracement toward the $1.3 zone in case of massive profit-taking or deterioration in market sentiment. This zone corresponds to the 38.2% Fibonacci retracement of the latest bullish impulse. A return to this level wouldn’t necessarily challenge the underlying trend but would require a reconsolidation phase before any new bullish attempt.
Catalyzing Factors That Could Influence the Price
Several fundamental elements currently support VIRTUAL’s valuation. The project recently announced strategic partnerships that expand its ecosystem and strengthen its use cases. These developments are attracting attention from institutional investors seeking assets with a clear value proposition.
In fact, billionaire Andrew Kang promoted it on his X account, which contributed to this sudden price surge. He describes VIRTUAL as a unique opportunity to invest in robotics through crypto. Major announcements could therefore be coming soon, and it will be important to stay alert.
How to Buy Virtual It Easily?
Bitget is the best platform to buy VIRTUAL in just a few clicks. You can also get a $10 bonus:
- Create an account: Go to the Bitget website or mobile app. Sign up with your email, choose a password, and validate the link you receive.
- Verify your identity: Upload a photo of your ID and a selfie. It takes 5-30 minutes and is mandatory for buying and trading.
- Add funds: Click on “Buy Crypto.” Pay by Visa/Mastercard (fast, zero fees!) or via P2P (fee-free, through bank transfer, PayPal, Wise, or 100+ methods). $5 minimum.
- Buy your VIRTUAL: Go to “Spot,” select VIRTUAL (VIRTUAL/USDT pair in the Innovation or DeFi zone), enter the amount in euros (or USD), verify, and confirm. Your VIRTUAL tokens will land directly in your Spot wallet.
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