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The Virtuals Protocol price plummeted 7% in the last 24 hours to trade at $1.80 as of 1:36 a.m. EST on trading volume that plunged 5% to $232 million.
Virtuals Protocol Price Still Bullish Despite The 7% Drop
The VIRTUAL price on the daily chart shows a recovery phase after a steep decline earlier in 2025.
Following its peak at approximately $5.41, VIRTUAL experienced a prolonged downtrend but has since formed a rounded bottom pattern, which indicates the likelihood of a potential reversal and accumulation phase.
The pattern culminates in a clear uptrend beginning in late April, which has now led the Virtuals Protocol price action to challenge the $1.80 level, as GeckoTerminal data shows.
The recent breakout above both the 50-day and 200-day Simple Moving Averages has reinforced bullish sentiment.
A critical overhead resistance lies in the $2.10–$2.73 range, coinciding with key Fibonacci retracement levels and prior consolidation zones. This area marks a significant test for bulls, as it may determine whether the asset can reclaim higher highs or will face renewed selling pressure.
Meanwhile, the Relative Strength Index (RSI) is trading at 46.38, suggesting neutral momentum. This value implies the market is neither overbought nor oversold, offering room for movement in either direction.
Moreover, the 0.618 level at $2.10 on the Fibonacci retracements is acting as a key resistance point. Above this, the 0.5 and 0.382 retracement levels at $2.73 and $3.36, respectively, could serve as progressive targets if momentum continues.
VIRTUAL Price Prediction
The Virtuals Protocol price appears poised for further upside if it successfully breaks above the immediate resistance near $2.10.
The rounded bottom, golden cross formation, and proximity to breaking past the 0.618 Fibonacci level point to a potential 88.22% upside move, targeting the $3.40 region, aligned with the 0.382 retracement and horizontal resistance block.
Should VIRTUAL breach that zone with conviction, a retest of the $4.15 level (Fibonacci 0.236) may be feasible over the next several weeks.
On the downside, key support rests at the confluence of the 50-day and 200-day SMAs around $1.63–$1.64.
Meanwhile, opportunistic investors are redirecting their funds to a new ICO called Snorter Token (SNORT).
According to 99Bitcoins, a popular YouTube channel with over 723K subscribers, SNORT could soar 10X on launch.
Snorter Token Presale Racing Towards $500K – Buy And Stake For 733% APY
Snorter Bot is a revolutionary new AI-powered crypto trading bot capable of sniping and trading new meme coin launches at high speeds, while avoiding rug pulls and staying one step ahead of MEV bots.
The new bot is built on a Telegram-native stack, meaning traders can use all of the bot’s capabilities and monitor their current portfolio without leaving the Telegram app.
With the Snorter Token, traders receive reduced fees for using Snorter Bot, from 1.5% to 0.85%. That makes Snorter Bot one of the most cost-effective trading bots available, enabling users to retain a higher percentage of their profits from every trade.
1 minute candles. 10 second decisions. 100x gains.$SNORT pic.twitter.com/eg3GgRhPYa
— Snorter Support 📥 (@SnorterToken_) June 4, 2025
Snorter garnered over $250K in the first 48 hours after its presale launched, and has now pushed the total funds raised to over $439K in a week.
In addition to its trading features, annual staking rewards currently sit at 738%, which decreases as more investors join.
Tokens can be bought at a discounted price of $0.0941 with SOL, ETH, BNB, or a bank card, directly on the official website.
Interested investors should consider buying before the next scheduled price increase, which is approximately 2 hours away.
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