#VIRTUALWhale

Virtual Protocol (VIRTUAL) Gains Momentum With Key Breakout Retest: Is There More Rally Ahead?

Date: Friday, February 21, 2025 | 14:49 GMT

In the crypto market this week, major altcoins have started making upward moves after facing a correction phase following the rally witnessed in November 2024.

Following the current momentum, Virtuals Protocol (VIRTUAL) – the platform specializing in AI agents – is in the spotlight today with impressive gains of over 26% following its recent breakout and successful retest.

Meanwhile, the token has seen a major correction in the past 30 days, which has now eased to 57%, and the current technical setup could help it set up a recovery.

Retests Falling Wedge Breakout

From late November to early January, VIRTUAL experienced an explosive 846% rally, rising from $$ 0.54 to a peak of $$ 5.17 on January 2. However, after this massive uptrend, the price entered a correction phase, forming a falling wedge pattern. Most recently, on February 14, VIRTUAL successfully broke out of the falling wedge trendline, reaching a short-term high of $$ 1.49 before pulling back to retest the breakout trendline at $$ 0.96.