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The Virtuals Protocol price dropped 21% in the last 24 hours to trade at $1.94 as of 2.30 a.m. EST on trading volume that went up 4% to $182.16 million.
The project spent the last several days, including the weekend, just above the support at $2.50, after previously being rejected by a resistance at $3 on Jan. 22. However, with a sudden bearish wave that pushed Bitcoin from $105k to under $100k, the altcoin market followed.
Even AI projects, which are set to be the new trend in the crypto industry in 2025, were seemingly hit, and their prices are seeing a significant drop.
Virtuals Protocol Price Prediction
The Virtuals Protocol price has been spiraling down since yesterday afternoon. The project’s Bollinger Bands started widening as the price kept heading further down, sticking to the lower band and pushing it deeper as time passed.
The price bounced back up a few times after reaching major resistances, but this was very brief. After reaching the middle line between the two bands, the price would typically quickly return to the lower band, breaking the support that disrupted its descent, and continuing the drop.
However, now that the price has seemingly found a bottom just above $1.9, the bands find themselves at their widest point. Meanwhile, the project seems to be ready to start a recovery.
The project’s Relative Strength Index (RSI) dipped into the oversold zone once the price started dropping yesterday, and has spent hours fluctuating between the values of 20 and 30. Then, it managed to return to the neutral area, spending four more hours fluctuating between 30 and 40, only to go into the oversold zone again.
However, as of the time of writing, the traders have seemingly started buying again and pumping the project’s price back up as a result. However, with Bitcoin still trading in the red and being 9% lower than yesterday, this is likely only a temporary recovery for VIRTUAL, and its price is likely to keep going down in the hours to come.
Promising Alternative To Virtuals Protocol
With crypto prices currently declining, traders and investors are turning to alternatives that might prove to be better investments, such as cryptocurrencies that are still in the ICO stage. MIND Of Pepe (MIND) is one of the most popular choices, as the project raised $4 million in the past two weeks.
MIND Of Pepe is a Pepe-inspired project, as the name suggests, but it is only partially a meme coin. Its other half is a self-sovereign AI agent featuring real-time intelligence with hive-mind analysis capabilities.
Ascend. $MIND pic.twitter.com/beK97IgExn
— MIND of Pepe (@MINDofPepe) January 25, 2025
The AI agent has its own autonomous account on X, which it uses to process information and identify new trends before they emerge, granting its token holders an advantage since all of its findings are exclusive to its community. More than that, MIND Of Pepe can also communicate with influencers, shape conversations, help the industry navigate with more precision, and possibly adopt new promising trends earlier and more efficiently.
For now, however, the project is still in presale, meaning that it is immune to the current high volatility that is troubling the rest of the crypto market. Its native crypto, MIND, is available for $0.0032016, and you can buy it with both crypto or credit/debit cards.
ClayBro, a crypto expert and YouTuber with over 135k subscribers, said recently that MIND of Pepe could be the best AI agent out there right now, and that its price could skyrocket once the project goes live.
Buy MIND on its official website here before a price increase in 16 hours.
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