VIRTUAL’s price decline signals a potential bounce at key support levels near $3.85.
Strong resistance at $4.40 suggests selling pressure; monitor for reversal signals.
RSI indicates room for upside, but MACD hints at slowing bullish momentum.
Virtuals Protocol’s VIRTUAL token has attracted attention due to its volatility. Market analyst Michaël van de Poppe recently discussed the price action of AI agent tokens, in particular VIRTUAL.
Van de Poppe says VIRTUAL shows significant volatility, similar to XRP’s past price action. He suggests that identifying high-time-frame (HTF) support areas could reveal opportunities for bounce plays. He points to the $2.50–$3.00 range as a key zone.
AI Agents have been doing great, as $VIRTUAL has been making massive moves.
Same concept as with $XRP.
Extreme volatility –> zooming out –> HTF support areas for obvious bounce plays.
In this case, looking at $2.50-3.00 for a strong bounce play. pic.twitter.com/SooynbqAiE
— Michaël van de Poppe (@CryptoMichNL) January 7, 2025
VIRTUAL Price Movement and Market Activity
As of press time, VIRTUAL is trading at $3.86, reflecting a 6.77% drop in the last 24 hours. The token …
The post VIRTUAL’s Recent Performance and Price Analysis: A Potential Bounce Play Ahead appeared first on Coin Edition.
