Virtuals Protocol Price Surges Past $1.79 As Traders Eye $1.90 Breakout

I’ve been tracking Virtuals Protocol’s price closely, and today’s surge is hard to ignore. The price soared 35.8% in the past 24 hours, zooming past short-term resistance and adding to a week of powerful gains. 

Traders and investors are buzzing on social media, urged by news of x402 protocol integration with Coinbase’s AI payment standards. A notable uptick in whale accumulation and decisive buy-side momentum. These factors seem to have ignited fresh enthusiasm. Seeing such swift action, I can sense the FOMO building as technical signals point to further movement incoming.

VIRTUAL Price Analysis

Looking at the technicals, VIRTUAL’s price push above $1.37 marked a clean breakout of the Fibonacci 23.6% retracement level. Thereby flipping an important resistance into support. The daily price ranged from $1.82 to $1.33, reflecting strong volatility alongside increased activity. Market cap shot up 34.9% to $1.17 billion, and 24-hour trading volume grew to $758 million.​

On the charts, the RSI now sits at 60.7. This is comfortably bullish without venturing into overbought territory, hinting that the rally isn’t exhausted yet. Meanwhile, the MACD histogram flipped positive (+0.063). Successively, the Bollinger Bands expanded with price hugging the upper band, suggesting a strong trend but also pointing to possible short-term exhaustion if momentum dries.

For short-term traders, the current setup opens the door for FOMO-driven buying. But if the sentiment cools, the 61.8% Fibonacci retracement at $0.89 will be a crucial support to watch for any sharp pullbacks. The most critical level ahead is $1.90, a close above that could unlock a run toward $2.50. 

Contrarily, if VIRTUAL price dips below $1.37, consolidation could take hold as buyers wait for a reset. It’s this push and pull at key levels that keeps the action dynamic and keeps me on my toes.

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