VIRTUAL Token Jumps 20% as Bullish Momentum Eyes $4 Target
VIRTUAL, the native token of Virtuals Protocol, has surged 20% in the past 24 hours to $1.45, breaking out from weeks of consolidation. Trading volume has more than doubled following its April 25 breakout from the $0.4-$0.8 range.
The rally represents a 60% gain since the breakout, with strong bullish signals from technical indicators. VIRTUAL has held above both the 20-day EMA and 50-day SMA for seven consecutive days. The RSI now exceeds 80, while the MACD shows widening divergence between its signal lines.
Market analysts highlight the token’s recent crossover above the 100-day SMA as a potential long-term trend reversal. This movement comes three months after VIRTUAL hit its ATH of $5.07 on January 2, followed by a significant correction period.
