VIRTUAL Price Awakens Post-Breakout, Eyes $4 Target

Apr 29, 2025, 1:21 p.m. 5 sources positive
Virtuals Protocol (VIRTUAL) has broken out of a long period of consolidation, recording a 20% gain in the past 24 hours with surging volume and strong technical indicators. After trading within a $0.4 to $0.8 range since mid-March and suffering a downtrend from an ATH of $5.07 in January, the asset began rallying on April 25. The breakout is supported by technical fundamentals, as VIRTUAL trades above EMA-20, SMA-50, and SMA-100, with RSI above 80 and a bullish MACD crossover. The recent introduction of the Genesis Launch token distribution mechanism—designed to onboard users, developers, and AI agents by allowing the pledging of points for token allocation—has directly increased token demand. Additionally, VIRTUAL’s listing on Binance.US and the commencement of trading for the VIRTUAL/USDT pair on the Base network have provided institutional and market support. Immediate technical targets are around $1.80, with further resistance at $2.70 and the potential to reach $4 if momentum persists.
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