Analysts Reveal When To Buy Virtual AI Coin For 85% Gains

The hype around AI cryptos is constantly rising, influencing their price performance. The Virtual protocol is one such demanded crypto, which hit an ATH just a few days ago before entering a consolidation. Interestingly, a popular crypto analyst, Michaël van de Poppe, found a lucrative opportunity in this consolidation, claiming that traders could make 85% gains if they bought Virtual AI Coin at a particular point.

Virtual AI Coin Price Struggle Continues, Token Lost 32%

After rallying to an ATH of $5.07, the popular AI crypto, Virtual, is in serious consolidation, losing 32% since the peak. Volatility and selling pressure took over the cryptocurrency, but things began settling with the crypto market recovery. At present, it trades at $3.43 with a trading volume of $324.8M, which is down 38% in the 24-hour phase. The open interest shows a significant decline from yesterday’s peak, currently at $255.93M.

Many analysts agree that the current situation is a part of the market’s behavior and a buying opportunity before the price rises again. One such analyst has presented a timeline for when to buy the Virtual AI coin and when the price will increase.

Here’s When To Buy Virtual Protocol For 85% Gains

Crypto analyst Michaël van de Poppe’s virtual price prediction recommends that traders look for a further price downtrend and eye the $3 mark for optimal returns. According to his X post, a previous correction to the same level resulted in a massive price rally. At that time, the virtual price rose 85%, and the same could happen this time. So, Michaël X post claims that investors must zoom out of the current situation and eye the support, which is nearing $2.50, and make an entry around $3.

Notably, he believes the $2.50-$3 price range is the ideal support for triggering an 85% rally. Moreover, resistance lies at $3.50, $4, and $4.71, which will play a critical role in the Virtual price rally. Most importantly, a breakout above $4.71 could push the token to $5.79, a new ATH.

What’s Next?

Instead of panic, analysts have called the dips the buying opportunity, especially as Bitcoin price attempts to rally to $130k. The same stands true for the Virtual protocol’s current consolidation, where its price has drifted 32% from the ATH. Crypto analyst Michaël van de Poppe believes that the traders must eye the $3 mark, which will act as a major support for the 85% rally for the token. This Virtual AI coin price prediction is based on a similar trend, which resulted in a massive rally for the token. With this, investors can closely monitor the $3 target but must do their own technical analysis and research before committing to any trade.

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Pooja Khardia

With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.

As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.