Starting this month slightly weak, Virtual located a solid ground level and regained momentum. This brought the bulls back in action and now leads today’s altcoins rally following a 25% gain in the last 24 hours. Virtual has been on the bulls’ radar for more than three months, and as it stands, it showed no sign of slowing down buying at the moment. The price currently looks strong daily following a recent weekly break up. Prior to the breakout, it rejected a key level and fell into the $1.5 range earlier this week. Luckily, it found support and resumed buying pressure at full speed. The recent break has put the market in a more bullish state and as we can see, it is gaining serious traction in the past hours. Although things are not looking good on the daily volume indicator as it slowly declines. A further drop in the volume could result in a serious reduction capable of activating a major correction before resuming buy. Aside from gaining popularity in the past weeks, it is considered one of the best-performing tokens in the AI & Data industry with a staggering 2000% gain in the last four months of trading. Virtual’s Key Level To Watch Source: Tradingview Following this week’s break up to the current trading level, the target level for the bulls right now is $3. Breaking above this price level, $4 and $5 would be the next key levels to watch on the way up. The $1.215 level currently provides support for the market. If the price drops and this level fails to contain pressure, $0.63 is the next support to watch, followed by $0.29. Key Resistance Levels: $3, $4, $5 Key Support Levels: $1.215, $0.63, $0.29 Spot Price: $2.3 Trend: Bullish Volatility: High Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: peshkov/ 123RF // Image Effects by Colorcinch
