AI Hype Boosts VIRTUAL Price by 15%—What’s Next?
As the hype surrounding artificial intelligence agents continues to heat up, virtual prices have increased by 15% in the past 24 hours. The coin has been hitting new all-time highs over the past few weeks, surpassing $5 for the first time on January 1, 2025.
Technical indicators such as relative strength index and BBTrend show bullish momentum remains, but signs of cooling point to potential resistance ahead. The strength of the virtual price’s current trend in the coming days will determine whether it returns to $5 or faces a pullback to key support levels such as $3.73.
Virtual RSI is close to overbought
virtual The relative strength index (RSI) has retreated from recent overbought levels of 80 and is currently at 67.7. The shift suggests that while intense buying pressure has subsided, bullish momentum remains strong as the surrounding hype AI Cryptocurrencies continue to be strong.
The RSI is at 67.7, which puts VIRTUAL just below the overbought threshold of 70, indicating that the asset is still in a bullish phase, but a level that warrants caution when approaching potential resistance.
RSI is a momentum indicator that measures the speed and strength of price changes on a scale from 0 to 100. Readings above 70 indicate overbought conditions and often signal a potential pullback, while readings below 30 indicate oversold conditions and the possibility of a recovery.
The RSI is 67.7, indicating virtual Prices may still have room to rise in the short term, but if the RSI returns to overbought territory, it could face more selling pressure.
Virtual BBTrend below recent levels
virtual BBTrend was positive and strong between December 25 and January 1, reaching a monthly high of 22.9 on December 26. However, the indicator turned negative on January 2, falling to -0.34 before recovering slightly to its current level of 0.48.
This shift suggests that while bullish momentum has waned, a return to positive territory suggests selling pressure may be easing, potentially stabilizing in the near term.
BBTrend is derived from Bollinger Bands and measures the strength and direction of a trend. Positive values indicate upward momentum, while negative values indicate downward momentum. VIRTUAL’s BBTrend is currently hovering at 0.84, which indicates a mildly positive but weak trend, meaning that while market sentiment has not completely turned bearish, there is not enough power to drive a significant rebound.
In the short term, this could mean virtual prices may consolidate or see only limited upward movement unless stronger momentum builds to reinforce a clearer trend direction.
Virtual Price Forecast: Will the $5 level be restored?
virtual price It has reached all-time highs in the past few days, breaking above $5 for the first time on January 1, 2025.
If the current uptrend strengthens, the virtual price could return to the $5 level and potentially test higher targets around $5.25, indicating continued bullish momentum. The move will further solidify VIRTUAL as the largest artificial intelligence cryptocurrency in the market.
However, as shown by BBTrend, the current uptrend is showing signs of losing strength, increasing the likelihood of a reversal. If a correction occurs, virtual price A test of the $3.73 support is likely, and failure to hold this support could lead to a sharp drop to $2.81.
Disclaimer
conform to trust project Guide, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to providing accurate and unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult a professional before making any financial decisions. Please note that our terms and Conditions, privacy policyand Disclaimer Updated.
