VIRTUAL Surges Over 11% as Technical Breakout and Whale Activity Fuel Bullish Momentum

28.11.2025 04:27 2 sources neutral

The price of Virtuals Protocol (VIRTUAL) jumped approximately 11% in 24 hours, positioning it among the day's top gainers, with a weekly rise of 17% as of late November 2025. This rebound followed a retest of a key pennant trend line support, which had previously guided earlier cycles and reinforced trader confidence upon validation.

Technical indicators supported the upward move, with the Stochastic RSI bouncing from oversold territory on the daily chart, signaling potential continuation. Additionally, a confirmed falling wedge breakout from October set the stage for further gains, with VIRTUAL/USD pulling back to retest the pattern's upper boundary by late November. If the price holds above this level, bullish targets include $1.53 and $2.28 as major resistance zones for December.

Market dynamics were bolstered by whale accumulation and bullish Futures Taker CVD data from CryptoQuant, indicating consistent buy-side pressure and aggressive long positioning. Futures Average Order Size charts showed a surge in large orders near current prices, while retail investors aligned with this behavior by buying the dip.

Beyond technicals, Bitcoin's broader market recovery provided a catalyst, halting altcoin declines and allowing VIRTUAL to resume its breakout trajectory. On-chain metrics revealed a significant rise in monthly active addresses, from 119.7K in October to 158.2K in November, and total value locked (TVL) across pools reached $25.60 billion, up sharply from Q4 2024 lows. Product updates, such as the integration of Google Gemini 3 Pro into Virtuals' agent Butler on November 25, further enhanced sentiment and supported the bullish outlook.