Virtuals Protocol (VIRTUAL) has recently experienced an 11% increase in value, rising from $1.63 to $1.84 in the last 24 hours. Despite this positive movement, the altcoin is facing obstacles from investor sentiment and market conditions, potentially hindering its growth prospects. The number of new addresses for Virtuals Protocol has decreased significantly after a recent spike, indicating waning investor interest. This decline in new addresses suggests a loss of traction among crypto enthusiasts, which could impede the asset's momentum. Technical challenges are also evident, with the Average Directional Index (ADX) showing a decline, signaling weakening momentum. Virtuals Protocol is currently trading at $1.84, facing resistance at $1.93. Overcoming this resistance will be crucial for its short-term price action. Market conditions will play a significant role in determining whether Virtuals Protocol can surpass these challenges and target higher price levels. Read more AI-generated news on: https://app.chaingpt.org/news