Oh, so Virtuals Protocol is suddenly the star of the crypto show, backed by some impressive charts and a lot of institutional love. Who knew that when they added a new feature called TP Cooldown History, it would make investors drool? Classic.
According to crypto.news â because where else? â Virtuals (VIRTUAL) soared 19% to hit a head-spinning high of $2.53 midweek, pushing its market cap flirtatiously close to $1.6 billion. Yes, billion with a B. That’s enough zeros to make even a banker blush.
And get this â the token is now up over 500% from its very humble beginnings, proving that if you hang around long enough, fortune might just favor you. Or so they say.
Credit where creditâs due: Grayscale announced it has added VIRTUAL to its shiny new Artificial Intelligence Crypto Sector Index. Basically, the index now looks like a big list of AI tokens that are definitely not just riding the hype train. This move screams âhey, big money thinks youâre importantââor at least, enough to get noticed.
Meanwhile, all eyes are on NVIDIAâs earnings, because whatâs more exciting than a tech giant reporting earnings in a market thatâs basically a rollercoaster? Expectations are sky-high, with predictions of Q1 revenue jumping 65% to around $43.17 billion and maybe even hitting $45 billion in Q2. If this doesnât pump AI tokens, what will?
And as if that werenât enough gossip: Virtuals Protocol has rolled out a new feature, the TP Cooldown History. Yes, your âVirgenâ friends now get to see when theyâre under cooldown and why. Because transparency is apparently the new sexy. Surely, this will save the community from more confusion and existential crises.
VIRTUAL price analysis
Technically speaking, VIRTUALâs looking pretty bullish â like, âI just found out Iâm adoptedâ kind of bullish. On Tuesday, it formed a bullish engulfing candle, a classic signal that the bottom might just be in after its April blip.
Itâs also broken above $2.22 resistance, which is apparently a cup-shaped patternâs neckline now. Thatâs fancy talk for âthings might be about to get interesting.â Then it broke out of its ascending triangle â basically a sign that buyers are feeling more confident than a cat in a laser pointer factory.
Momentum is on its side, as the MACD line crossed above its buddy, the signal line, indicating itâs not just a âflash in the pan.â Itâs also trading above both the 50-day and 200-day moving averages â hold your applause, because a golden cross might be just around the corner. Yep, thatâs when the 50-day crosses above the 200-day. Classic bullish signal, like a puppy wagging its tail.
If the hype holds, Virtuals could target $2.78, which sounds like a nice round figure, or possibly jump all the way to $3.38 if it manages to break the Fibonacci resistance levelsâbecause nothing says âuptrendâ like a mathematical line on a chart.
But beware, if sellers push it back at $2.78, it might retest the $2.22 support zone, because, well, markets love a good retest. That level lines up neatly with Fibonacci retracement levels, which apparently are the only thing standing between us and another crypto rollercoaster.
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2025-05-28 10:02