The daily RSI has reclaimed the 50 level and now sits near 54, indicating momentum expansion rather than overbought exhaustion. Additionally, Chaikin Money Flow (CMF) remains positive, suggesting net capital inflows are supporting the move. This combination reduces immediate reversal risk.
The VIRTUAL price has now rebounded from the structural base at $0.57 and has entered above the accumulation base at $0.6. The levels around $0.7 could be a breakout point that may push the price to the $0.8 to $0.85 price range, which is the immediate supply zone. However, $0.9 is still the major resistance that needs to be broken to reach the psychological barrier at $1.
Virtuals Protocol Price Prediction: Here’s What to Watch Next
The current surge seems to be driven by trader momentum rather than a fundamental development, hinting towards a sentimental shift among the traders. The outlook currently appears to be conditionally bullish, hinging on the market’s ability to absorb profit-taking at higher levels. Therefore, now it’s the time to look if the volume is sustained or fades quickly, which will be the signal of the strength of the buying conviction.
Hence, if the Virtuals Protocol (VIRTUAL) price holds above $0.7, it may break $0.8 to $0.85 range and head to $1.
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