{"id":615034,"date":"2025-01-02T12:48:01","date_gmt":"2025-01-02T12:48:01","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=615034"},"modified":"2025-01-02T12:48:01","modified_gmt":"2025-01-02T12:48:01","slug":"virtuals-protocol-price-prediction-virtual-soars-25-as-expert-predicts-26x-gains-for-the-worlds-first-meme-coin-index","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/virtuals-protocol-price-prediction-virtual-soars-25-as-expert-predicts-26x-gains-for-the-worlds-first-meme-coin-index","title":{"rendered":"Virtuals Protocol Price Prediction: VIRTUAL Soars 25% As Expert Predicts 26X Gains For The World’s First Meme Coin Index"},"content":{"rendered":"

The Virtuals Protocol price soared 25% in the last 24 hours to trade at $4.96 as of 02:14 a.m. EST on trading volume that surged 39% to $805 million.<\/span><\/p>\n

Virtuals Protocol Price On A Rising Channel<\/h2>\n

The <\/span>VIRTUAL price<\/span><\/a> chart analysis shows that the asset has been in a robust uptrend since October, maintaining higher highs and higher lows. <\/span><\/p>\n

The Virtuals Protocol price is trading well within a clearly defined ascending channel (highlighted in orange), with the upper and lower boundaries acting as resistance and support, respectively.<\/span><\/p>\n

The breakout above the 50-day Simple Moving Average (SMA) at $3.5486 in November marked the beginning of significant bullish momentum, according to data from <\/span>GeckoTerminal<\/span><\/a>.<\/span><\/p>\n

Currently, the Virtuals Protocol price is trading near the upper boundary of the ascending channel at $4.96, suggesting that the trend is intact. Strong support is visible at the 50-day SMA ($3.5486) and the lower boundary of the ascending channel, which intersects near $4.00.<\/span><\/p>\n

The price is well above both the 50-day SMA ($3.5486) and 200-day SMA ($2.4660), confirming the long-term bullish trend.<\/span><\/p>\n

The Relative Strength Index (RSI) is at 77.89, indicating that the asset is in overbought territory. While this reflects strong bullish momentum, it also suggests the possibility of a short-term pullback or consolidation.<\/span><\/p>\n

Moreover, the Moving Average Convergence Divergence (MACD) line (blue) is significantly above the signal line (orange), confirming bullish momentum. The histogram is also positive and expanding, indicating continued upward pressure.<\/span><\/p>\n

\"Virtuals
VIRTUAL\/USD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

VIRTUAL Price Prediction<\/h2>\n

Given the technical setup, the VIRTUAL price appears poised for further upside within the ascending channel. In the short term, the price of Virtuals Protocol could test the $5.20–$5.50 zone, corresponding to the upper boundary of the channel.<\/span><\/p>\n

If the Virtuals Protocol price breaks above the channel with strong volume, it may target $6.00 and beyond, signaling an acceleration of the uptrend. However, if a pullback occurs due to overbought conditions, support levels at $4.50 and $4.00 should be closely monitored.<\/span><\/p>\n

Meanwhile, investors are also buying into a new crypto called <\/span>Meme Index (MEMEX)<\/span><\/a>, the world’s first meme coin index that’s offering a diversified way to invest in meme coins.<\/span><\/p>\n

Crypto analyst ClayBro, with over 135K followers, believes that MEMEX could see a 26X increase after launch, helped in part by the 2025 meme coin supercycle.<\/span><\/p>\n