- The virtual token dropped 300% from April lows of $ 0.40 to current $ 1.74, forming a clear return of V.
- The indicators of society sentiment become positive, supporting continuous price appreciation.
The price of virtuals protocol shows promising signs of relapse through current trading patterns after enduring months of declining values. Virtual prices achieved its maximum value at $ 5.13 in early January 2025 before starting a lasting price decline. The virtual protocol reached its lowest point near $ 0.40 in mid -April before starting the apparent price increase.
Price data has generated a V-shaped pattern in recent weeks. CMC The data shows virtual protocol trading at $ 1.74, as it increased by more than 300% from the previous low point.
The market has experienced a rapid upward trend as volume levels continue to rise showing a rising interaction with the investor in this upward movement. Technical analysis indicators confirmed the bullish trend reversal perspective.
Virtuals protocol (virtual) price breaks above the $ 5.13 level?
The RSI indicator stands at 72.22, indicating an excessive position but shows a strong momentum. The RSI's elevated reading suggests possible corrections in the short -term market while proven on the ongoing upward momentum.
The MACD forms a clear bullish crossover because the MACD line (0.2799) is beyond its signal line (0.1727) significantly. This arrangement between the lines indicates a strong racing upward. The histogram bars continue to grow above the zero line, which strengthens the bullish market pressure.
The indicator of social sentiment currently shows a value of 0.3348 while destroying both 0.2169 and -0.2169 thresholds. A positive crossover of the market sentiment suggests an upcoming virtual price appreciation, which usually occurs after improving market sentiment.
The first major resistance area is sitting at $ 1.95, while the stronger barriers exist at $ 3.99 and $ 5.13, which previously served as the highest point. The support exists at $ 1.07, which corresponds to the 200-day EMA and the additional support sits at $ 0.94.
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