VIRTUAL Token Explodes 150% in a Week—Genesis Launch Fuels $2.8 Price Target
Another day, another crypto moonshot. VIRTUAL’s parabolic rally defies gravity—and maybe common sense—after its Genesis platform goes live.
The Numbers Don’t Lie (Until They Do)
Seven days. One hundred fifty percent gains. Traders now eyeing $2.80 like it’s a foregone conclusion. Remember when fundamentals mattered? Neither do we.
Genesis Effect or Greater Fool Theory?
The new launchpad’s hype machine is clearly working. Whether it’s sustainable or just another ’buy the rumor, sell the news’ play remains to be seen—but hey, those exit liquidity windows won’t prop themselves open.
Wall Street analysts are ’cautiously optimistic’ (translation: secretly furious they missed the pump). Meanwhile, crypto degens are already levering long—because nothing bad ever happens when retail chases 3-digit percentages.
VIRTUAL Price Outlook
On the daily VIRTUAL chart, price recently broke out of a major descending resistance line that had capped price movement since its all-time high of $5.07 in January.
VIRTUAL price chart | Source: TradingView
This breakout, confirmed last week, has driven prices up to the $1.46 horizontal resistance, now being tested as a potential new support.
The RSI sits deep in the overbought region, signaling a highly bullish but overheated market. Historically, such levels often lead to short-term corrections. If the 72nd largest cryptocurrency fails to hold current levels, it could see a retest of support at $1.00.
VIRTUAL price chart | Source: TradingView
Meanwhile, Bollinger Bands have significantly expanded, with price action riding the upper band. If VIRTUAL sustainably holds above $1.45, the next key resistance lies NEAR $2.80, a possible 100% gain from current levels.
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