VIRTUAL Skyrockets 35% in Single Session—Here’s What Fueled the Frenzy

Another day, another crypto moonshot—except this one’s got actual catalysts behind the surge. VIRTUAL just ripped past resistance levels like they were wet tissue paper, leaving traders scrambling to decode the move.

The pump behind the hype: Whispers of a major exchange listing hit Telegram channels at 3 AM UTC. By sunrise, leveraged longs were piling in like it was 2021 all over again.

Institutional fingerprints? On-chain data shows three fresh whale wallets accumulating 12% of circulating supply before the breakout. Classic ’buy the rumor’ play—assuming you believe wallets ending in .666 belong to serious investors.

Reality check: The project’s whitepaper still reads like a Markov chain generated by a Web3 buzzword bot. But when has that ever stopped a proper crypto bull run?

As the suits on Wall Street debate ’digital asset valuation frameworks,’ retail’s already flipping bags. The only metric that matters today: green candles get retweeted.

VIRTUAL price analysis

On the daily USDT chart, VIRTUAL is currently trading inside an ascending channel pattern. A break above this channel could open the door to more upside ahead.

Also, the 20-day EMA (blue) has recently crossed above the 50-day EMA (green), forming a golden cross. That’s a strong bullish signal and usually suggests a bigger uptrend is already underway.

Adding to the momentum, the SuperTrend indicator has flipped green, reinforcing the positive outlook.

Based on this setup, the next key target for VIRTUAL is the $2 psychological resistance level, about 48% higher than where it currently sits — a level last seen at the start of April.

Traders on X also appeared optimistic about VIRTUAL’s next leg up and have set even higher targets.

According to pseudonymous analyst CryptoBull_360, VIRTUAL looks poised for a major breakout above its horizontal resistance zone on the 4-hour/USDT chart, with strong daily closes above a key trendline.

If momentum holds, bulls could be eyeing an 80–100% upside move from current levels, the analyst noted.

Others, like Bitboy, also believe VIRTUAL could see more upside if it manages to hold above $1.60. 

At press time, VIRTUAL was exchanging hands at $1.63 per token. 

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.