VIRTUAL traders bet on sustained gains, but can demand break $0.65?

ambcryptoPublished on 2026-07-21Last updated on 2026-07-21

Abstract

Virtuals Protocol (VIRTUAL) price rallied nearly 5% in 24 hours, with Open Interest up 17% and trading volume doubling to $71.1 million, signaling improved short-term sentiment. However, the broader trend remains bearish, with price action confined within a downtrend since May. The rally has reached a key local supply zone at $0.63-$0.65, which previously rejected bulls in mid-June. While the RSI indicates upward momentum, declining On-Balance Volume (OBV) suggests weak buying pressure. Traders are advised to maintain a bearish bias unless VIRTUAL can decisively break and hold above $0.65 as support, which could open a path toward $1.04-$1.19. Until then, a rejection at this resistance level is expected.

Virtuals Protocol [VIRTUAL] rallied nearly 5% in the past 24 hours, with an Open Interest increase of nearly 17%. The rally, rising open interest, and stronger trading volume suggest improving short-term sentiment, although the broader trend remains under pressure.

This statement was reinforced by the high daily trading volume. According to CoinMarketCap data, the volume in the past 24 hours at press time was $71.1 million, more than double the previous day’s volume.

Weekends tend to see low volume, and it could be that Monday kicked off VIRTUAL’s rally. Bitcoin [BTC] was also challenging the $65.2k local supply zone.

AMBCrypto reported that Virtuals Protocol had introduced customizable tokenized indexes to the Robinhood Chain. Any user can publish such a composite asset and would earn fees when others mint the associated token.

So far, the news has not been enough to nudge the altcoin prices back above key overhead supply zones. Let’s examine where these were and how strong demand really has been.

VIRTUAL still labors within a downtrend

Source: VIRTUAL/USDT on TradingView

The swing structure on the 1-day timeframe was bearish. As things stand, a move below the $0.459 swing low would indicate a bearish trend continuation. Meanwhile, a rally past $1.19 is needed to flip the swing structure bullishly.

The VIRTUAL price gain of 17% in the past week was set against this bearish backdrop. The rally has reached the $0.63-$0.65 local supply zone. The same area had rejected the bulls back in mid-June.

The OBV has been trending lower since May. The 100% spike in daily trading volume could be a misleading sign. Though the RSI was above 50 to signal upward momentum, a lack of sustained buying volume over the past two months was a telltale sign of a weak bounce.

Traders’ call to action- Sell, but be ready to flip biases

In the short-term, a rejection from the $0.65 local supply zone is expected. However, if VIRTUAL prices breach this area, a bullish move as high as $1.04 and even $1.19 becomes possible.

Therefore, traders can maintain a bearish bias until $0.65 is conquered. Once it is flipped to support, swing traders can try to profit from the rally toward $1, although they should remember that the higher timeframe structure remained bearish.


Final Summary

  • The Virtuals Protocol price and volume spike on Monday could be a sign of a bullish short-term price move.
  • The long-term trend was bearish, but if $0.65 is flipped to support, a rally toward $1.0-$1.2 could follow.

Related Questions

QAccording to the article, what are the two key price levels that traders should watch to determine the next major trend for VIRTUAL?

AAccording to the article, a move below the $0.459 swing low would indicate a bearish trend continuation, while a rally past $1.19 is needed to flip the swing structure bullishly.

QWhat recent development for Virtuals Protocol was reported by AMBCrypto, and how does the article suggest it has impacted the price so far?

AAMBCrypto reported that Virtuals Protocol introduced customizable tokenized indexes to the Robinhood Chain, allowing users to publish composite assets and earn fees. The article states that so far, this news has not been enough to nudge the altcoin prices back above key overhead supply zones.

QWhat is the immediate local supply zone that VIRTUAL's price has reached, and what is the expected short-term price action if it gets rejected?

AThe immediate local supply zone is $0.63-$0.65. The article states that in the short-term, a rejection from this $0.65 local supply zone is expected.

QWhat do the On-Balance Volume (OBV) indicator and the spike in daily trading volume suggest about the strength of VIRTUAL's recent rally?

AThe OBV has been trending lower since May, indicating a lack of sustained buying volume. The 100% spike in daily trading volume could be a misleading sign, and the article describes the recent bounce as a weak one.

QWhat potential price targets does the article suggest could become possible if VIRTUAL manages to decisively break above the $0.65 resistance?

AThe article suggests that if VIRTUAL prices breach the $0.65 area, a bullish move as high as $1.04 and even $1.19 becomes possible.

Related Reads

The Next Decade of DRAM: Time to "Stand Up"

The next decade of DRAM is poised for a vertical transformation, moving from planar scaling to three-dimensional (3D) architectures. Key industry players are intensifying their R&D efforts to overcome the physical limits of traditional DRAM. In September 2026, AMD revealed experimental data showing that a 3D DRAM architecture using Hybrid Bonding technology could achieve up to a 17x improvement in energy efficiency compared to conventional HBM stacks. This design places DRAM chips directly on top of XPUs (processors/accelerators), significantly reducing data transfer distance and power consumption. Concurrently, China's semiconductor equipment leader, Naura, announced a breakthrough in a "two-step cyclic etching process" for 3D DRAM manufacturing, achieving over 95% structural uniformity in 64-layer Si/SiGe stacks. This advancement enhances the feasibility of domestic 3D DRAM production. The shift to 3D DRAM is driven by the impending physical and economic limits of scaling planar DRAM below 10nm. The core idea is to stack memory cells vertically. Two primary technical paths are emerging: 4F² Vertical Channel Transistor (VCT/VG) DRAM, which "stands up" the transistor channel, and Vertical Stacked-Cell Array Transistor (VS-CAT) DRAM, which involves true multi-layer stacking similar to 3D NAND. Major memory giants are pursuing dual-track strategies. Samsung is advancing its VCT technology and plans to transition fully to 3D stacked DRAM from the 10d node onwards, having already prototyped a 16-layer VS-CAT DRAM. SK Hynix is developing its Vertical Gate (VG) 4F² platform and 3D DRAM, exploring materials like IGZO (Indium Gallium Zinc Oxide) for the channel. Micron has amassed a significant number of 3D DRAM patents but has been less public about its production roadmap. The transition also signifies a shift in the equipment industry's focus. As DRAM moves to 1nm-class nodes and 3D structures, technologies like High-NA EUV lithography, high-aspect-ratio etching (as demonstrated by Naura), atomic layer deposition (ALD), and hybrid bonding are becoming critical. Chinese equipment companies like AMEC, Piotech, and Huahai Qingke are launching products targeting these advanced process segments. The race for 3D DRAM represents a fundamental bet on the future form of memory chips. From the R&D of global leaders to breakthroughs in domestic Chinese equipment, the entire supply chain is being pulled into this transformation. The direction is clear: DRAM's future lies in standing up.

marsbit8m ago

The Next Decade of DRAM: Time to "Stand Up"

marsbit8m ago

Are High Interest Rates Not the "Terminator" of the U.S. Stock Market? Are Earnings the Key?

High interest rates are not necessarily the "killer" of the U.S. stock market; corporate earnings growth is the more critical factor. Despite the 30-year Treasury yield reaching a 20-year high and long-duration bonds falling, the S&P 500 has still risen. Analysis suggests the threshold where rising yields significantly compress equity valuations is between 5% and 6% for the 10-year yield. The key determinant is the pace of profit growth: valuations can remain supported if earnings growth stays robust, particularly above 15%. The current market premium is largely justified by strong earnings visibility, solid balance sheets, and potential AI-driven productivity gains. The impact of higher rates on corporate profits is gradual and uneven, as much corporate debt is fixed-rate. Near-term offsets include higher interest income on corporate cash holdings and improved financial sector earnings. However, a "higher for longer" rate environment pressures consumer sectors, real estate, and highly leveraged firms not directly benefiting from AI, leading to increased market divergence. Sector leadership depends on the yield curve's shape: a bear steepening favors cyclical sectors like energy and financials, while a bear flattening benefits tech stocks. Defensive sectors and long-duration stocks are most sensitive to rising rates. In a scenario of a shallow hiking cycle, growth and quality stocks are expected to maintain an advantage. The current rate increase is viewed as fundamentally driven rather than a crisis of confidence in fiscal or monetary policy.

marsbit33m ago

Are High Interest Rates Not the "Terminator" of the U.S. Stock Market? Are Earnings the Key?

marsbit33m ago

AI Can Solve Millennium Problems, But Could It Kill Humanity? Wall Street Journal Sounds the Doomsday Alarm

AI's rapid advancement is raising alarms, as highlighted by a Wall Street Journal column and a statement from 25 Fields Medalists. Within a week in September 2026, key events underscored a growing crisis: GPT-6 Astra achieved a 97.6% score on the elite FrontierMath Tier 4 benchmark, which Epoch AI declared "saturated" just 14 months after its launch. Separately, an unreleased OpenAI model generated a potential solution to the Navier-Stokes equations—a Millennium Prize Problem—in about 88 hours using a swarm of 10,000 AI agents working in concert. This explosive pace of AI-driven discovery has drastically outpaced the human capacity for verification, understanding, and integration of new knowledge. While the AI-produced proof awaits years of rigorous mathematical community review, immediate conflicts arose over academic credit and authorship, exemplified by a dispute between OpenAI and mathematicians from NYU and Anthropic. The Fields Medalists' statement, titled "A Severe Misalignment of AI in Mathematics," criticizes the focus of AI companies on solving famous problems for benchmark scores rather than fostering genuine mathematical understanding and the slow, collaborative growth of human knowledge. They warn that the traditional chain of creating, digesting, and attributing new concepts is at risk of breaking. The situation connects mathematical breakthrough to existential risk because the same organizational capability that tackled Navier-Stokes exists in models like GPT-6 Astra, which also demonstrates top-tier capabilities in cybersecurity exploitation. This convergence of superhuman research speed and potential offensive power has prompted internal discussions at OpenAI about potentially slowing down, as society grapples with unanswered questions about future research, education, and collaboration in an AI-dominated landscape.

marsbit38m ago

AI Can Solve Millennium Problems, But Could It Kill Humanity? Wall Street Journal Sounds the Doomsday Alarm

marsbit38m ago

Goldman Sachs Abruptly Reverses Course: The Fed Is Cornered by the Market, Holding Rates Would Be the Surprise

Wall Street's outlook for the Federal Reserve's September meeting is shifting rapidly. Goldman Sachs has reversed its prior forecast, now predicting a 25 basis point rate hike this month, citing a significant shift in market pricing rather than a major reassessment of the U.S. economic outlook. With the CME FedWatch Tool showing an 87% probability of a hike, the bank argues the Fed may be reluctant to deliver a surprise pause. This shift occurs amid renewed inflation concerns. Stronger-than-expected producer price data, coupled with Brent crude oil surpassing $100 per barrel—driven by geopolitical tensions—and record-high U.S. diesel prices, are raising risks of broader price pressures. August CPI data showed no clear cooling, with annual inflation holding at 3.4%. The decision is further complicated by the dynamic between Fed Chair Wash and President Trump, who continues to advocate for lower rates. Analysts note that hiking just weeks before the midterm elections could provoke presidential frustration. However, former Fed Vice Chair Roger Ferguson and others argue that delivering a widely anticipated hike is crucial for the central bank's policy credibility, especially after Chair Wash's recent hawkish signals on inflation. The consensus is converging on a September hike. The key focus is whether the Fed, under Wash's leadership, will follow through with tightening amidst political pressure, persistent inflation, and volatile energy markets.

marsbit1h ago

Goldman Sachs Abruptly Reverses Course: The Fed Is Cornered by the Market, Holding Rates Would Be the Surprise

marsbit1h ago

Trading

Spot
活动图片