- The virtual token shows significant signs of recovery, rising to $ 1.03 from the lows of March.
- Trade volume moved 230% while token breaks above the keys moving average, which potentially towards the level of $ 1.50.
Virtuals Protocol (Virtual) shows signs of a major price recovery after experiencing a long -term bearish trend starting from December 2024. Technical analysis along with recent market movements suggest that altcoin may enter a bullish trend.
The virtual price structure reached its climax at $ 4.50 in December 2024 before experiencing a rapid decline that fell to $ 0.70 in March-April 2025. The token moved above its long-standing phase of integration near the bottom and now trading at $ 1.03.
Technical indicators show many supporting signals for the current price increase. The indicator of social sentiment shows a positive reading of 0.25244. Meanwhile, its green histogram bars have grown higher in recent weeks. The sentiment in the market will continue to improve as the bullishness entrepreneur continues to grow stronger.
According to CMC Data, the uptrend will appear to be supported by high volume. The day -to -day trading volume has risen by almost 230%, suggesting increasing business activity.
What's next to the price of virtual protocol?
In the daily technical chart, the virtual exceeds both the 50-day and 200-day exponential transition of averages. Moreover, the price successfully maintained support above the level of 0.75 after it was operated as a previous resistance point, suggesting bullishness.
The technical indicator MacD shows positive signals. Both MACD and signal curves move above each other in an upward trend, indicating strong bullish market conditions. The crossover tends to happen before the prices are maintained in their direction for an extended period.
The RSI curve reached 76.80, indicating strong purchase activity. The possession shows potential conditions of excessive thinking, yet rising price action and the oscillator growth will confirm the strength of the current price movement.
The technical analysis indicates virtual is likely to maintain the upward trajectory towards the resistance to $ 1.50 as it gets from previous support levels during January 2025. Investors should conduct proper risk management for investments because virtual shows significant price volatility.
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