Latest news with #VIRTUAL
Business Mayor
26-05-2025
- Business
- Business Mayor
Breaking down VIRTUAL's 13% daily surge: Is $2.44 next?
VIRTUAL surged 13.25%, hitting a four-month high. Virtuals protocol makes a bullish crossover from two fronts as momentum strengthens. After reaching $2.24 three days ago, Virtuals Protocol [VIRTUAL] faced strong rejection. The altcoin retraced to a low of $1.83. However, over the past day, VIRTUAL has successfully retested $1.8 support and rebounded to hit a 4-month high of $2.25. In fact, as of this writing, VIRTUAL was trading at $2.24. This marked a 13.26% increase over the past 24 hours. Over the same period, the altcoin's volume has surged by 69.16% to reach $329.34 million while the market cap was up $13.18%, hitting $1.44 billion. A surge in price alongside volume and market cap signals strong demand for an asset. As such, VIRTUAL was experiencing significant demand across all market participants in both spot and futures markets. Source: Coinalyze For starters, d emand in the spot market remains strong, with buyers dominating over the past day. VIRTUAL buyers have accumulated 5.18 million in volume, creating a positive market imbalance of 403K compared to sellers. The same trend extends to the Futures market, where VIRTUAL's Open Interest has surged 18.83% to $237 million, according to CoinGlass data. This sharp increase suggests that investors are heavily favoring futures contracts. Source: CoinGlass VIRTUAL's long and short data reveal that most Futures investors are favoring long positions. At press time, longs accounted for over 50% of all futures contracts, with the Long-to-Short Ratio exceeding 1, while shorts held 49% of total Futures. This preference for long positions is further supported by VIRTUAL's Funding Rate remaining positive across major exchanges. When longs dominate the market, it signals widespread bullish sentiment, with investors expecting prices to climb further in the near term. Source: Coinalyze Is VIRTUAL set for a sustained uptrend? According to AMBCrypto's analysis, the coin was currently experiencing a strong upward momentum amid rising demand. This strong upward momentum is evidenced by the fact that VIRTUAL has made bullish crossovers across two fronts. Over the past day, the altcoin's Stoch RSI made a bullish crossover, rising to 50. A crossover here suggests that the momentum to the upside is strong and is very likely to continue. Source: TradingView This upside momentum was further confirmed by another bullish crossover that emerged on VIRTUAL's RSI. A move to the upside here suggests that buyers have taken control of the market, thus displacing sellers in the market. RSI has surged to 66 with its MA sitting at 62. These crossovers pointed out that demand has strengthened the uptrend, and VIRTUALl could make more gains. Therefore, based on the above observation, if the trend continues with bullish sentiments persisting, the altcoin will find the next significant resistance around $2.44. Conversely, if the attempt by Bulls fails with sellers starting to realize a profit, a pullback will see VIRTUAL drop to $1.92.
Business Mayor
16-05-2025
- Business
- Business Mayor
VIRTUAL corrects 13%, but bullish sentiment remains high – What's next?
112 top wallets now hold nearly $16M in VIRTUAL, signaling high-conviction positioning. Derivative data shows a bullish skew, with positive funding and rising long positions. Following a 237% rally in the past month, Virtuals Protocol [VIRTUAL] has entered a corrective phase, declining 13% on the weekly timeframe and 2.3% on the daily. Despite this pullback, VIRTUAL is being accumulated across the board, indicating that the market remains broadly bullish. Here's how. Smart money acquires more VIRTUAL Recent analysis on Nansen revealed that VIRTUAL has become the go-to AI token for smart money. These wallets—known for high-return strategies—have been quietly building positions. Source: Nansen In fact, 112 smart money wallets hold VIRTUAL, nearly as many as the combined total of the next three most-held tokens, which have 114 holders in total. These 112 wallets now hold $15.92 million worth of the asset. This level of participation and volume suggests strong conviction in the asset's rally potential. Market traders align with smart money While smart money is holding VIRTUAL, bullish interest is also building across spot and derivative markets. In the last 72 hours, the spot market recorded $5.71 million in VIRTUAL buys, with much of it moved off exchanges—mirroring smart money behavior. Meanwhile, in the derivative market, more long positions have appeared. Source: CoinGlass The Open Interest Weighted Funding Rate—which combines Open Interest and Funding Rate to forecast market direction—has remained positive. A positive reading implied that most unsettled derivative contracts, worth $205.05 million, are from long traders. When the derivative market tilts in favor of buyers, alongside steady accumulation in the spot market, it typically supports a positive price move. A rebound is near — Chart reveals The Bollinger Bands (BB), used to predict potential resistance and support based on price placement, suggest a relief bounce may be near. On the 1-day chart, the price is approaching the mid-level band, around $1.70. This level could act as potential support and push the price higher. The short-term target for this rally is $2.26, with a long-term target above $5. Source: TradingView On top of that, the Accumulation/Distribution (A/D) indicator has turned slightly upward—an early sign of renewed buying interest. However, it remains in negative territory, suggesting not all investors are convinced yet. Still, a sustained price bounce could push the A/D indicator back into bullish terrain, reinforcing VIRTUAL's long-term upside.
Yahoo
03-05-2025
- Business
- Yahoo
Virtual Protocol Surges Over 250% In 4 Weeks: What It Is And Why It's Catching Attention In The Altcoin Market
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Over the last month, the altcoin market has seen a sharp bounce, and Virtual Protocol has been one of the top performers during this recovery. The token has climbed over 250% in the past four weeks and is up 156% just the last seven days as of April 29. Despite this impressive move, it still sits nearly 72% below its all-time high of 5.25, currently trading at 1.46. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . Virtual Protocol is an AI-focused blockchain project designed around the idea of a fully autonomous digital economy. It operates as a society of productive AI agents, each created to generate services or products and autonomously engage in commerce—either with humans or with other agents—onchain. These AI agents are tokenized and represented through respective Agent Tokens, enabling: Capital formation Permissionless participation Aligned incentives among creators, investors, and agents The core idea behind Virtual Protocol is to create a decentralized network of AI agents that can interact, trade, and evolve independently without needing centralized platforms or intermediaries. By bringing these AI systems fully onchain, the protocol opens up new possibilities for how value is created, exchanged, and scaled within decentralized ecosystems. Trending: New to crypto? on Coinbase. The project is governed by a decentralized group of token holders. While the founding team of engineers and AI researchers remains active, protocol upgrades and major decisions are increasingly made through community votes and on-chain governance proposals. Key price levels and performance: Current price: 1.46 All-time high: 5.25 Key daily support: 1.06 to 1.11 Key daily resistance: 1.54 and 1.86 Four-week performance: +250% Seven-day performance as of April 29: +156%t Despite being down significantly from its peak, Virtual Protocol's recent surge highlights renewed interest in AI-driven crypto projects and the broader altcoin sector. If momentum continues, especially with growing focus around decentralized AI and autonomous agent economies, VIRTUAL could be setting the stage for a deeper move heading into May. Read Next: A must-have for all crypto enthusiasts: . Maximize saving for your retirement and cut down taxes: . Image: Shutterstock Send To MSN: 0 This article Virtual Protocol Surges Over 250% In 4 Weeks: What It Is And Why It's Catching Attention In The Altcoin Market originally appeared on Sign in to access your portfolio
Business Mayor
27-04-2025
- Business
- Business Mayor
VIRTUAL leads AI rally with 83% weekly surge: You should buy now, IF…
AI tokens are taking center stage in terms of prices and volume, with VIRTUAL taking the lead. Trading volume among the top 10 AI tokens in the market ranged between $680 million and $900 million, showing market strength. There has been a notable rise in artificial intelligence (AI) tokens as the broader crypto market has also climbed. According to CoinMarketCap, the AI segment has seen a major drive to the upside, with overall token prices up 12.2% and trading volume surging by 44%. AI takes an aggressive approach to dominating the crypto space There's been a surge in the AI sector compared to other segments of the market. Source: Artemis Data from Artemis reveals that the AI sector has grown 17.4% over the past month, making it the second most dominant sector behind DePin and the Bitcoin ecosystem. This one-month data shows that adoption has begun to catch the attention of investors. Correspondingly, data from Coinglass shows that the top 10 AI agent tokens had volumes ranging between $680 million and $900 million, with Virtual [VIRTUAL] dominating the list. Source: Coinglass A rise in both volume and price suggests that momentum in the market is building, and the AI sector could continue driving the shift. Furthermore, a close look at the current Funding Rates shows positive readings for the top 10 AI-agent tokens. When Funding Rates stay positive, it implies that derivative traders are opening more long positions. Source: Coinglass Overall, it suggests that long traders are paying a premium fee to short traders to avoid large price disparities in the market. Read More SEC To Approve XRP And Solana Joint ETF? Analyst Says Yes VIRTUAL leads the rally race VIRTUAL has seen cumulative growth of 83% over the past week, with a 16.58% rise in the past 24 hours. On the chart, there's a possibility that VIRTUAL could see a further price jump in the coming trading sessions. Source: TradingView
