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The Virtuals Protocol price soared 10% in the last 24 hours to trade at $1.96 as of 12:39 a.m. EST on trading volume that surged 69% to $283 million.
Virtuals Protocol Price In A Consolidation Phase – Aims For A Breakout
The VIRTUAL price on the 3-day timeframe reveals a strong recovery pattern following a sharp decline from its all-time high around the $5.22 level.
The Virtuals Protocol price has formed a rounded bottom pattern from the lows near $0.42, suggesting a classic accumulation phase that has likely transitioned into a breakout attempt.
VIRTUAL has steadily climbed past the 50-period Simple Moving Average (SMA), now consolidating just below the Fibonacci 0.618 retracement level ($2.0363), a historically significant resistance zone in technical analysis, as GeckoTerminal data shows.
The area between approximately $2.0 and $2.38 has acted as a supply zone, halting multiple bullish advances. The market is currently testing this zone again, suggesting that a breakout above it could lead to further upside movement.
Meanwhile, the Relative Strength Index (RSI) is currently at 57.76, indicating moderate bullish momentum without entering overbought territory.
This level suggests that the price of Virtuals Protocol has room to rise before becoming technically overheated.
Examining the Moving Average Convergence Divergence (MACD), a bullish crossover can be observed, with the blue MACD line (0.2286) positioned above the orange signal line (0.2137), and both lines are above the zero line, indicating a bullish trend.
VIRTUAL Price Prediction
According to the VIRTUAL/USD technical structure, indicators, and trend patterns, the Virtuals Protocol price appears to be in a bullish continuation phase.
If the price successfully breaks and closes above the $2.0363 resistance, the next Fibonacci targets are likely around $2.64 (0.5 Fib) and $3.25 (0.382 Fib), followed by a potential retest of the psychological level at $4.00.
However, if the price of VIRTUAL faces rejection again at the supply zone, a short-term retracement back to the support level around $1.17 (0.786 Fib) might happen.
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 Closing On The $1 Million Milestone – Next 10X Crypto?
In less than two weeks, Snorter Token has raised over $651K in presale funding.
Built as a Telegram-native trading bot for Solana and Ethereum, Snorter transforms Telegram into a full-stack trading suite. From sub-second swaps to instant sniping, copy trading, and real-time portfolio tracking, the bot is designed to help degens move faster and trade smarter.
Snorter is the fastest and most affordable bot on Solana, transforming your Telegram feed into a weaponized trading terminal.
Generational wealth won’t happen by crying into your ramen. pic.twitter.com/o4X9MEhsC0
— Snorter (@SnorterToken) June 9, 2025
It has the fastest execution and lowest fees of any bot on Solana, making sniping a breeze. Additionally, it also comes with cutting-edge MEV protection, which gives it a competitive advantage compared to other solutions, such as Trojan and BonkBot.
It stands out from bots like BONKbot or Maestro as well by offering lower fees (just 0.85% for SNORT holders), while protecting users with advanced honeypot and rugpull detection.
In addition to its trading features, annual staking rewards currently sit at 487%, which decreases as more investors join.
Tokens can be purchased at a discounted price of $0.0947 using 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 1 day away.
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