VIRTUAL Price Tests Major Resistance Level
The Virtuals (VIRTUAL) protocol has seen its price increase by 12% over the last 24 hours, currently trading at $1.91. This marks its highest daily close since late June, with transaction volume surging by 67%. This rise confirms a breakout from the consolidation range that kept the token between $1.50 and $1.80 for most of July.
The price is currently breaking through its bearish trendline and, more importantly, its daily POC at $1.81. This strong signal could carry VIRTUAL toward new highs in the coming weeks.
If VIRTUAL’s price closes above $1.81 on significant volume, it would confirm a technical breakout, paving the way for a potential move toward the resistance at $2.50, representing a 32% increase from the current price.
Subsequently, the token could reach between $2.9 and $4 in the coming weeks, according to the MRC.
Significant Progress for the Protocol
VIRTUAL’s bullish action coincides with significant protocol developments, strengthening the case for continued movement toward $2.50. Notably, the protocol recently expanded to Ethereum (ETH), and the first Genesis agent, IRIS, a security agent powered by real-time artificial intelligence driven by Nethermind’s AuditAgen, has been natively deployed on Ethereum.
Additionally, Grayscale Investments recently added VIRTUAL to its brand new artificial intelligence crypto sector index, which aims to track the best-performing assets in the sector.
This rise in VIRTUAL’s price represents a crucial moment, reinforced by key protocol developments, opening the door to promising new prospects for investors.
In summary, the VIRTUAL cryptocurrency has reached a decisive milestone with this 12% increase, confirming its exit from a consolidation phase. The significant progress of the protocol, particularly its expansion to Ethereum and the deployment of its Genesis AI agent, strengthens the bullish outlook. If VIRTUAL manages to close above $1.80, the path will be clear for a potential rally up to $2.50 and beyond.
How to Buy VIRTUAL on Bybit ?
- Sign up on Bybit : Create an account on Bybit by providing an email address and a secure password. Verify your registration via the email received and activate two-factor authentication (2FA) to secure your account.
- Deposit funds : Log in, access the “Wallet” section, and deposit funds in cryptocurrency (USDT, BTC, ETH) or fiat currency, depending on the available options. Follow the instructions to transfer from an external wallet or via a bank deposit.
- Find the VIRTUAL pair : Go to the “Markets” or “Trading” section and search for the VIRTUAL/USDT pair (or other available pair). Check market liquidity to avoid excessive spreads.
- Place a buy order : Choose a market order to buy at the current price or a limit order to set a target price. Indicate the desired quantity of VIRTUAL and confirm the purchase.
