VIRTUAL Price Corrects After Entering Top 50 Cryptocurrencies
The price of VIRTUAL has seen strong growth, consolidating its position in the group of AI cryptocurrencies, currently ranked 4th in the market, surpassing WLD. Over the past 30 days, VIRTUAL has grown by 536.03%, entering the Top 50 largest cryptocurrencies by market capitalization. This rally is supported by strong momentum, however, the RSI has reached 83, indicating overbought conditions and a possible correction in the near future.
In the recent period, VIRTUAL's RSI has remained above 70, indicating positive momentum, but this also means that profit-taking pressure may increase. In addition, VIRTUAL's BBTrend is currently at 38.4, indicating a steady and strong uptrend thanks to continued buying power.
Short-term price prediction, if the uptrend continues, VIRTUAL may test new resistance levels, potentially reaching $3.5 or $3.75. But if the market loses momentum, the support levels at $2.28 and $1.99 may be challenged, and a deeper correction may be noted if these levels fail to hold.