Virtual Price Poised to Break Through Critical Resistance at $1.01
Virtual price is showing signs of recovery after coming out of a downtrend. According to crypto analyst Crypto Patel, the token's price has already risen by about 40% from its accumulation zone.
The current configuration indicates good progress for Virtual, with strong buying pressure and a move above the middle Bollinger Band. The MACD indicator also shows a bullish sign, with the MACD line higher than the signal line.
A critical resistance level of $1.01 needs to be overcome for a clear signal of a higher time frame structure change. If Virtual closes above this level for the week, a recovery move is favored with targets around $1.82, $2, and even $4 if the whole AI agent market is on the move.
However, failure around resistance could mean another pullback, with the $0.150-$0.08 level seen as a possible deeper accumulation zone in case of a breakdown from current weekly support levels.