$VIRTUAL
VIRTUAL Breaks Resistance, Eyes $3 in Renewed Rally
Summary:
Virtual Protocol (VIRTUAL) has surged 89.89% in May, now trading at $2.39 with a $1.56B market cap. The token broke past key resistance at $2.20, signaling a second parabolic rally. Traders now target $3 as momentum stays strong.
Market Highlights:
Price: $2.39, up from $1.68 early May
Futures Open Interest: Up from $35M in April to $299M
Volume: Peaked at $2.14B (May 9), now $1.38B
RSI: 66.84 — bullish, nearing overbought
MACD: Eyeing bullish crossover by early June
Key Support Levels:
$2.20 (breakout zone)
$1.95–$2.00 (base)
$1.68 (retracement low)
Resistance Targets:
$2.80 (local high)
$3.00 (psychological barrier)
$3.50, then $4.00 (macro targets)
Catalysts:
Genesis Launchpad and Binance.US listing fueled user growth
AI-agent narrative and influencer backing driving speculative demand
Outlook:
As long as VIRTUAL holds above $2.20, bulls may push for a breakout past $2.80 toward $3.00. A move beyond $3 could open the path to $3.50 and $4.00. A drop below $2.20 would risk breaking the current parabolic setup.
