$VIRTUAL
VIRTUALUSDT's current market sentiment appears bullish, with a strong price increase and positive indicators. Here's a breakdown :
- *Recent Price Movement*: VIRTUAL has surged 155% in a week, breaking past local resistance levels, and is currently trading at $1.65-$1.68 with a 12.21%-13.46% increase in the last 24 hours.
- *Technical Indicators*: The Money Flow Index (MFI) and Chaikin Money Flow (CMF) indicators show strong buying pressure, with the MFI at 89 and CMF at +0.18.
- *Market Sentiment*: The overall cryptocurrency market sentiment is bullish, with a sentiment score of 100, indicating a positive outlook.
- *Resistance Levels*: VIRTUAL faces resistance at $1.55-$1.58 and $1.6, with potential targets at $2 and $2.4.
- *Support Levels*: Support levels are at $1.22 and $1.06, with a potential bounce expected due to strong buying pressure.
However, some analysts predict a short-term dip due to a bearish divergence in the MFI indicator on the 4-hour chart. This could lead to a price drop to $1.22 or $1.06 before continuing the uptrend.