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VIRTUALUSDT

Virtual Protocol - low is in yet? Virtual is currently going through a major correction.   After it broke below the previous week mid/the previous month high, it accelerated the downward move in the narrow descending parallel channel.   Today, the price hit the previous week low at $3.35 which is the previous major support/resistance level.  Is the low in? I think it all comes to Bitcoin's next move. My general bias for Virtual is bullish. So I am patiently looking for an entry to buy. Price is the king but I find momentum indicators , MACD in particular, extremely useful to identify a good entry area. I am going to consider a re-entry when: 1) the price breaks and closes above the top descending parallel channel in the price chart;   2) MACD and RSI lines move above the descending trendline and enter the bull territory;   3) Stochastic in 4H chart is not overbought territory; and   4) For the final confirmation, stochastic in Daily chart has crossed pointing upwards.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
2
Virtual protocol - waiting for re entry The price dropped below the previous week mid and the previous monthly high.  Currently the price is hovering over EMA55 and Fib 0.618.   MACD lines are widely apart and diving into the bear territory so the price correction is still in progress.  However, 1H momentum indicators are starting to form positive divergence and moving its way out of overbought territory.    I will continue to focus on the 4H chart.  If Virtual continues its bull trend, I anticipate the price will start to move upwards somewhere between Fib 05 and Fib 0.786 level (between previous week mid and low area).   MACD has been very reliable indicator for me to enter the market. I will wait for MACD lines to cross and move upwards. Bitcoin is going through a temporary correction so overall cryptomarket might be affected by it.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
VIRTUAL IS BEARISH !!!!The price is in a wedge, and if it breaks the wedge, it can drop to the 0.618 Fibonacci line. Also, the bearish divergence in the RSI strengthens this signal. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Short
by CobraVanguard
2
Virtual protocol - wait for a re-entry Daily RSI had been forming clear negative divergence since 30th Nov. The price broke the previous month high and daily candles formed the bearish engulfing pattern after.   In the scenario like this, I usually close a trade or take a partial profit.   However, Virtual is one of the most sought after infrastructure AI tokens, therefore, I need to take fundamentals into consideration.   I am anticipating the price will resume another leg up, although it might go through some correction or sideway moves first.   Instead of taking a short position, I am looking for a re-entry position.  As of today, the price has dropped to the previous month high at $4.0 and the price is holding above that level. In the 4H chart, MACD and RSI are moving downwards but still remain in the bull zone. Stochastic (9,3,3) on the other hand has already reached oversold territory and entered into the bull zone.    I will update the analysis on this chart in a day or two. But I think a good entry for long will eventually appear. I definitely won't go short for a strong asset like this, not matter how aggressively pulling down.
CRYPTO:VIRTUALUSD
by EbonyFalcon
4
Virtuals Protocol makes you Real MoneyVirtuals Protocol is a decentralized platform designed to incentivize the creation and monetization of AIdriven personas for various virtual interactions, including gaming, metaverses, and online engagements. By aligning incentives, the protocol empowers users to develop and leverage AI personas to enhance digital experiences and unlock new revenue streams 37,000% Gains ? Even My Calculator Gave Up! Trading Volume: In the last 24 hours, VIRTUAL recorded a trading volume of $524 million dollar, reflecting a 66% increase compared to the previous day. This significant rise signals heightened investor interest and increased market activity. Supply: VIRTUAL has a circulating and maximum supply of 1 billion tokens, ensuring transparency and predictable tokenomics. Price Movement: The all time low price of VIRTUAL was $0.0075, recorded on January 23, 2024 Since then, the token has surged by an impressive 37,000% , highlighting its substantial growth and potential VIRTUAL is actively traded on 37 markets across 24 exchanges, with Gate. io being the most prominent trading platform. Notably, Binance listed the VIRTUAL/USDT pair with 75x leverage on December 10th, 2023, providing investors with enhanced opportunities for portfolio diversification. The token is also being closely monitored for a potential listing on Coinbase, which could further increase its accessibility and market visibility. Where ‘Gem Hunting’ Turns Dreams Into Decentralized Dollars" While new investors might initially find these numbers hard to believe, the concept of "gem hunting" is a proven strategy in cryptocurrency. Gem hunting involves identifying undervalued projects with significant upside potential before they become widely recognized. As demonstrated by Virtuals Protocol's meteoric rise, a single "gem" can offer transformative financial opportunities, changing an investor's life and career trajectory This highlights the importance of education, research, and strategic investment when navigating the cryptocurrency space
Long
by moonypto
Buy Signal for VIRTUAL/USDT📈 Buy Signal for VIRTUAL/USDT ✅ Suggestion: This asset is expected to set a new daily high soon. You can buy now to capitalize on this opportunity. 🚀 💰 Profit Potential: A great chance to earn a solid return on this trade. 💬 For further signal management and access to more opportunities: 1️⃣ Follow my TradingView page 📊 2️⃣ Send me a private message for personalized guidance. 💎 Let’s profit together from this bullish move! 💰
Long
by DAVID_SNIPERRR
(VIRTUAL USDT)VIRTUAL 📈 Buy Signal for VIRTUAL/USDT.P ✅ Suggestion: You can buy now in the live market. 📊 Growth Expectation: I anticipate a 16% increase in the spot market. ⚡ Futures Opportunity: This asset can also be traded with 5x and 10x leverage for futures. 💬 To manage this signal efficiently and receive more profitable signals: 1️⃣ Follow my TradingView page 📊 2️⃣ Send me a private message for further guidance. 💎 Let’s trade smart and profit big! 🚀
Long
by DAVID_SNIPERRR
Phemex Analysis #44: VIRTUAL’s 6775% Surge and What's Next?In the ever-evolving world of cryptocurrency, one story stands out: the remarkable journey of VIRTUAL. Since its debut on the Phemex Perpetual USDT market, PHEMEX:VIRTUALUSDT.P has soared an astonishing 97%, climbing from $1.68 to $3.32. But this is just the tip of the iceberg; since its initial launch on February 15, 2024, it has skyrocketed a staggering 6775%, leaping from a mere $0.049 to its current price of $3.32. As we delve deeper into VIRTUAL's performance, a closer look at the technical analysis reveals intriguing patterns. The 4-hour chart shows that the price is forming a second top, accompanied by an RSI divergence—where the price reaches higher highs while the RSI remains stable. This divergence hints at a potential weakening of momentum, at least within this timeframe. On the fundamental side, VIRTUAL continues to shine brightly in a competitive landscape filled with formidable challengers like ELIZA Protocol (AI16Z), Alchemist AI, and MyShell.AI. Despite this fierce competition, VIRTUAL's innovative approach and unique offerings position it as a promising player in the AI Agents Protocol space. Potential Scenarios As we look ahead, we can envision several potential scenarios for VIRTUAL in the coming days, shaped by key support and resistance levels: 1. Continued Rise Should the price maintain its upward trajectory, it is likely to consolidate between $3.2 and $2.6 to build momentum before embarking on another climb. However, if it fails to do so, this rise may not hold. 2. Retrace then Rise After such significant gains over the past two months, a retracement to support levels seems probable before any further ascent. Key support levels at $2.56, $2.33, and $1.88 could provide excellent buying opportunities for those looking to capitalize on dips. 3. Reverse & Keep Dropping As with many narratives in the crypto world, we must acknowledge the possibility of a reversal once the initial excitement fades. If this occurs, prices could continue to decline—a scenario we’ve witnessed too often in this volatile market. Therefore, setting stop-loss orders is crucial for risk management, particularly if prices dip below $1.8 with high trading volume. Conclusion In conclusion, VIRTUAL's journey has been nothing short of extraordinary, marked by impressive growth and resilience in a competitive arena. As traders navigate this dynamic landscape, careful monitoring of technical indicators and market conditions will be vital. The scenarios outlined above serve as a roadmap for potential price movements ahead, underscoring the importance of strategic risk management in this thrilling yet unpredictable market environment. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex