• Virtuals Protocol (VIRTUAL) surged 10.15% to $1.59 with a market cap of $1.04B.
  • RSI climbed to 44.95, signaling early recovery momentum.

Virtuals Protocol (VIRTUAL) saw a notable 10.15% price increase over the past day, climbing to $1.59. This advance follows a session high of $1.60, reflecting renewed buyer interest. The market cap also surged to $1.04 billion, marking a proportional rise with a 13.39% market cap ratio. 

Trading volume within 24 hours reached $141.16 million, indicating stronger participation, though it still accounts for just 3% of the fully diluted valuation (FDV), which currently stands at $1.59 billion.

The circulating supply remains at 654.89 million VIRTUAL, while the total and maximum supply are both capped at 1 billion. This leaves roughly 34.5% of tokens yet to unlock. The unlocked market cap estimate is $1.6 billion, implying room for future supply related impact on price. 

Is VIRTUAL at a Turning Point?

Technically, the daily chart shows price reclaiming strength near $1.55. That region now acts as a key support. If bulls maintain this base, the next resistance zone lies near $1.77. A breakout past that ceiling could propel VIRTUAL toward $2.00. Conversely, failure to hold $1.50 might expose the asset to downside pressure near $1.33, where prior accumulation zones exist.

The Relative Strength Index (RSI) reads 44.95, still below the 50-neutral line. Its 14-day average sits slightly lower at 41.37. Despite the sub-50 reading, the RSI has reversed upward, hinting at improving momentum. A move above 50 could confirm bullish continuation.

Virtuals Protocol (VIRTUAL) Rallies 10% as Bulls Eye Technical Breakout image 0

The Chaikin Money Flow (CMF) remains slightly negative at -0.13, suggesting persistent capital outflows. Yet, the slope has flattened, which might precede a recovery if buying pressure increases. 

No moving average crossover is immediately visible. Still, the recent rebound from multi-day lows and rising candles hint at possible short-term moving average support developing. If price holds above $1.55 with volume, moving averages could shift into a bullish alignment soon.

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