Virtuals Protocol Price Prediction: VIRTUAL Surges 30% As Breakout Above $1.50 Triggers Bullish Reversal

  • irtuals Protocol surges 30% after breaking its long-term downtrend, reclaiming key EMAs near $1.25.
  • RSI near 71 and expanding Bollinger Bands confirm strong bullish momentum toward $1.95–$2.25 targets.
  • $788K in positive netflows marks return of accumulation, reinforcing confidence in VIRTUAL’s uptrend.

Virtuals Protocol (VIRTUAL) price today trades near $1.76, rising 30% in the last 24 hours after breaking a multi-month downtrend. The breakout above the descending resistance marks the strongest upside move since May, with traders watching the $1.95–$2.10 zone as the next major test.

Bulls Take Control After Major Breakout

The daily chart shows a clear trend reversal as VIRTUAL price moved above its descending trendline for the first time in months. Buyers reclaimed major EMAs clustered between $1.19 and $1.31, establishing a strong demand base. The 200-day EMA at $1.26 now acts as structural support, indicating a decisive shift in market tone.

Bollinger Bands have widened sharply, reflecting expanding volatility as the token trades near the upper band around $1.74. If VIRTUAL price action holds above $1.50, the path opens toward $1.95 and possibly $2.25, which served as the peak in April.

RSI Strength Confirms Momentum

Momentum indicators confirm that buyers remain in control. On the 2-hour chart, the RSI stands at 71, showing elevated demand and slightly overbought conditions. The Parabolic SAR continues to trail price at $1.44, suggesting the short-term uptrend remains intact.

Any cooling phase could bring a minor pullback toward $1.55 before another push higher. A sustained close above $2.00 would validate the breakout and could extend the rally toward $2.60.

Exchange Flows Signal Renewed Accumulation

Coinglass data highlights a $788,000 positive netflow on November 1, marking a sharp reversal after months of persistent outflows. This turnaround implies investors are moving assets from exchanges to wallets, a signal often linked to accumulation phases.

Stronger inflows typically accompany early trend reversals, and when paired with a clean technical breakout, they add conviction to the bullish setup. The rise in spot buying interest also aligns with increased volume, showing traders are positioning for continuation rather than short-term profit taking.

Outlook. Will Virtuals Protocol Go Up?

Immediate support is seen near $1.45, followed by $1.20 at the EMA cluster. A breakdown below $1.20 could revisit the $1.00–$0.80 area. Resistance levels sit at $1.95 and $2.25, where prior rallies stalled. Bollinger mid-band support near $1.06 serves as a safety cushion if volatility spikes.

The VIRTUAL price prediction remains constructive as long as price stays above the EMA cluster with rising volume. Sustained closes above $1.95 would strengthen the bullish bias heading into mid-November.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/virtuals-protocol-price-prediction-virtual-surges-30-as-breakout-above-1-50-triggers-bullish-reversal/