VIRTUAL Price Soars 18% as AI Cryptocurrency Recovers Strongly

VIRTUAL price has increased over 18% in the past 24 hours, reaffirming its market capitalization of $2 billion as AI coins recover from the recent correction. Despite this growth, technical indicators such as ADX and BBTrend still show ongoing challenges with momentum remaining weak and selling pressure not yet completely dissipated.

Key levels, including support at $2.81 and resistance at $3.27, will determine whether VIRTUAL can maintain upward momentum or face renewed downward pressure.

VIRTUAL’s Downtrend Has Lost Momentum

VIRTUAL’s ADX has fallen to 16.3 from 26.8 over the past two days, showing a significant weakening in trend strength. ADX below 20 usually indicates a weak trend, indicating consolidation or unclear market decisions.

ADX, or Average Trend Index, measures the strength of a trend without indicating its direction. Values ​​below 20 signal a weak trend and above 25 reflect a stronger, more obvious trend. VIRTUAL’s current ADX at 16.3 shows that despite trying to transition to an uptrend, the trend is not yet consolidated.

To clearly confirm an uptrend, ADX needs to break above 25, accompanied by a steady increase in buying pressure to build stronger momentum as interest in the AI ​​cryptocurrency recovers.

VIRTUAL’s BBTrend Remains Negative Since January 7th

VIRTUAL’s BBTrend has been negative since January 7, recently peaking at -37.2 yesterday before recovering to -24.4. Although still in negative territory, this improvement suggests that the downward momentum is fading.

This movement suggests there is potential for stabilization in VIRTUAL prices, although the negative BBTrend suggests that selling pressure still outweighs buying activity.

BBTrend, or Bollinger Band Trend, measures price deviations from the Bollinger Bands to evaluate the strength and direction of a trend. Negative values ​​indicate bearish conditions, while positive values ​​indicate an upward trend. With VIRTUAL’s BBTrend at -24.4, the index currently shows ongoing bearish sentiment but also hints at a possible transition to neutral.

If BBTrend continues to recover, it could indicate a weakening of the downtrend and pave the way for price stabilization or a reversal.

VIRTUAL Price Forecast: 26% Upside Potential

VIRTUAL price has a critical support at $2.81 which, if broken, could further decline to $2.23. Although VIRTUAL’s EMAs still show a bearish structure, with the short-term lines below the long-term lines, the rise of the short-term lines suggests a potential turnaround.

If these lines intersect to form a “golden cross,” it could signal a bullish reversal, making VIRTUAL one of the largest AI coins on the market. In this scenario, VIRTUAL could test resistance at $3.27 and if broken, the target would be $3.73, offering 26% upside potential.