Is It Too Late To Buy VIRTUAL? Virtuals Protocol Price Pumps 11% And This Might Be The Next Crypto To Explode

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Virtuals Protocol Price Pumps 11% And This Might Be The Next Crypto To Explode
Virtuals Protocol Price Pumps 11% And This Might Be The Next Crypto To Explode

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The Virtuals Protocol price pumped 11% in the last 24 hours to trade at $2.19 as of 1:36 a.m. EST on trading volume that surged 77% to $336 million.

Virtuals Protocol Price Still Bullish, Aims For A Breakout From Consolidation Zone

The VIRTUAL price on the daily chart presents a notable bullish trend resumption following a prolonged consolidation period.

After forming a bottom near the $1.20 region, close to the 0.786 Fibonacci retracement level, the price has made a series of higher lows and is currently trading around $2.19. 

This recent breakout above the 0.618 Fibonacci retracement level at approximately $2.10 suggests renewed bullish momentum, according to GechoTerminal data.

The Virtuals Protocol price is currently consolidating within the $1.92 level, with price movement reflecting a potential trend continuation, with the next logical resistance zone between the 0.5 and 0.382 Fibonacci levels, from $2.73 to $3.37.

Meanwhile, the 50-day Simple Moving Average (SMA), currently at $1.33, is trending above the 200-day SMA at $1.56, with both SMAs well below the price of VIRTUAL, reinforcing the bullish outlook.

The Relative Strength Index (RSI) is currently at 65.15, which places it in the upper-neutral to slightly overbought territory.

While this indicates growing bullish strength, it has not yet reached extreme overbought levels (above 70), suggesting there is still room for upward movement before hitting exhaustion.

VIRTUAL Protocol Price Chart Analysis Source: GeckoTerminal

VIRTUAL Price Prediction

If the VIRTUAL price continues to soar, the immediate upside target lies around the $3.37 mark, corresponding with the 0.382 Fibonacci retracement level, which represents a potential gain of 51.77% from the current level. If bullish momentum holds, a test of the $3.37 resistance area appears likely in the near to mid-term.

However, the Moving Average Convergence Divergence (MACD) shows a likelihood of a bearish crossover, with the orange signal line crossing above the blue MACD line. If the bearish trend plays out, the Virtuals Protocol price could drop back to the 0.786 Fibonacci level at $1.20.

Meanwhile, investors are piling into the presale for a new AI project called SUBBD Token (SUBBD). According to influential YouTube channel 99Bitcoins, which has over 723K subscribers, SUBBD has the potential to be the next 100X crypto.

SUBBD Token Presale Rushing Towards The $600K Mark – Next Crypto To Explode?

SUBBD is an AI content subscription platform with a fast-growing ecosystem. The project is used by over 2,000 content creators with a combined following of 250 million fans.

Its presale recently launched and offers SUBBD tokens at a discounted rate. SUBDD’s ICO has already raised over $521,000, signaling strong investor confidence in the project’s future.

From monetization and audience engagement, to content generation and automation, SUBBD is the first project to blend AI and Web3 in a way that helps creators thrive and enables them to push out content at scale.

Its built-in AI tools let creators focus on crafting high-quality content while the platform handles time-consuming tasks like research, editing, optimization, and more.

SUBBD offers creators intuitive, organized structures and advanced technology that help them efficiently manage content and subscriber requests, reduce workload, and increase productivity.

SUBBD serves as the payment currency on the platform. It ensures fast, frictionless, and low-cost subscriptions, with content creators receiving the majority of their earnings.

That structure is unlike most content subscription platforms, which often keep over 50% of influencer-generated revenues.

SUBBD token holders also have an opportunity to earn passively through the project’s staking platform, which offers a massive 20% annual percentage yield (APY).

Investors interested in participating in the presale can visit the official SUBBD website to buy SUBBD tokens for $0.0555 each using crypto or a bank card.

Buy before a price hike in about 1 day to lock in the best presale deal.

Visit the SUBBD Token website.

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