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Will Virtual Protocol Rally Continue After 146% Weekly Surge?

Lokesh Gupta Lokesh Gupta Calendar 01-05-2025
Virtual Protocol Coin Price Prediction

Virtual Protocol Coin Price Prediction: What’s Next After 146% Gain?

The crypto market is thriving, and Virtual Protocol (VIRTUAL) is the leading market performer. In the last 24 hours, the coin has soared by 28.40%, reaching $1.6750 and bringing its weekly gain to an astonishing 146%. Now with a market cap of more than $1.09 billion, the coin has jumped into the top 70 cryptocurrencies, being currently ranked in the 67th position, as per CoinMarketCap.

Binance Listing Triggers New Wave

The most recent list on Binance is making this course so huge. One of the world's largest crypto exchanges, Binance's support means stronger liquidity, broader exposure, and more investor confidence: daily trade volume skyrockets to more than $550 million, a 72% increase from the previous day, which is proof that the market is hungry.

Genesis Launch and PlayGame AI Exploit: Trust Restored?

Quite interestingly, this is after a small setback that hit the launch of Virtual Protocol's Genesis. The project faced some disturbance with an exploit coming from a project known as PlayGame AI. However, through rapid recovery efforts, frankness, and a functional ecosystem response, trust with investors was restored, making the VIRTUAL token increase quickly and join the bullish race.

Technical Analysis: VIRTUAL Enters Parabolic Recovery Zone

On the USDT daily chart, the coin has a good, confident move upward within the ascending channel. It recently crossed above the 200-day moving average after holding up above the 50-day MA, signalling an early forming Golden Cross, which is a longstanding bullish signal. 

Moreover, the RSI has already dipped into the overbought zone to its maximum ever in 2025, further proving the strength of the ongoing rally. A continuous price above the resistance level of $1.84 could open another path towards $2.50, and above this level, the altcoin might enter the price discovery mode, setting it on a rise over a new ATH above $7.

Virtual/USDT 1 - Day Chart

Source: TradingView

Futures Market Signals Growing Speculative Interest

CoinGlass data reveals that futures open interest for the token has surged to a whopping $198.412 million, compared to just $39 million last month. This spike in open interest indicates that traders have become quite bullish and speculative in their positions and suggests a possible follow-through on upside continuation.

Virtual Protocol Open Interest

Will VIRTUAL Reach $7 in 2025?

Technical indicators, price action with high volume, and increased open interest in derivatives have aligned to bring the coin into a good position to maintain its uptrend. The breakout from the current ascending pattern, added to strong exchange support and improved investor sentiment, paves the way for a near-term possible rally toward the $2.50-$3.00 zone. 

On the continuance of bullish momentum supported by favourable market scenarios for altcoin growth, the token may target $7 to achieve an all-time high by the end of 2025. Short-term corrections will also be on the watch list of traders, with RSI remaining overbought and profit-taking causing a potential onset of volatility.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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