Analyzing Virtuals Protocol’s bounce from golden pocket – Will $1 be next?

ambcryptoPublicado em 2026-03-24Última atualização em 2026-03-24

Resumo

Virtuals Protocol (VIRTUAL) saw an 83% surge in daily trading volume and a 3% price increase in the past 24 hours. However, market sentiment remains bearish, indicated by a predominantly negative funding rate and only a slight 1.75% rise in Open Interest. Despite a bearish higher timeframe trend, the token defended the $0.68 support level after a rejection at $0.82. This bullish reaction suggests potential gains ahead, with a rally toward the $0.875–$0.955 range likely. In the coming weeks, VIRTUAL could target $1, especially if the current bullish structure holds.

Virtuals Protocol [VIRTUAL] witnessed an 83% boost in daily trading volume and saw a 3% price gain in the past 24 hours. Its Open Interest [OI] was only up 1.75%, which suggested speculative conviction behind the AI token was relatively weak.

Coinalyze data showed that the Funding Rate was predominantly negative over the past week.

At the same time, the Spot CVD has been flat. Combined with the weak increase in OI, it showed that the VIRTUAL market sentiment remained bearish.

Let’s break it down from the higher timeframes.

On the 1-day chart, the trend was bearish. The swing structure was bearish, and a set of Fibonacci retracement levels (white) was plotted using this.

At the same time, the internal structure was bullish.

The price faced rejection from the $0.82 level, the 50% retracement (white), but the $0.68 local support zone was defended.

This meant that further gains were likely. With Bitcoin [BTC] also back above $70k, the next week or two could see the bulls in control.

Virtuals Protocol token has completed its retracement

A week ago, AMBCrypto pointed out that downside risks were present for the popular AI token. This warning has been proven right, with VIRTUAL retracing from $0.82 to $0.64, a 22% move at its zenith.

This retracement was a healthy one for the bulls in the short-term. At the same time, the long-term structure was bearish. Traders can wait for a move toward $1 before they can begin to anticipate a bearish reaction.

The 4-hour timeframe showed that the $0.665 level was the 78.6% retracement (light blue) of the previous impulse move VIRTUAL made, from $0.62 to $0.82. A bullish reaction at this key retracement level confirmed this bias.

Therefore, it is highly likely that Virtuals Protocol token prices would rally toward $0.875-$0.955 levels next. These were the 23.6% and 61.8% extension levels of this timeframe’s swing structure.

Final Summary

Virtuals Protocol exhibited a negative Funding Rate and low Open Interest despite its gains in the past 24 hours.
The defense of the $0.66-$0.68 zone confirmed bullish strength and VIRTUAL could rally to $0.95-$1.04 in the coming weeks.

Perguntas relacionadas

QWhat were the key changes in Virtuals Protocol's trading volume and price in the past 24 hours?

AVirtuals Protocol witnessed an 83% boost in daily trading volume and a 3% price gain in the past 24 hours.

QWhat did the Open Interest (OI) and Funding Rate data suggest about market sentiment for VIRTUAL?

AThe Open Interest was only up 1.75%, and the Funding Rate was predominantly negative over the past week, suggesting speculative conviction was weak and market sentiment remained bearish.

QWhich key support level was defended, indicating potential for further gains?

AThe $0.68 local support zone was defended, which indicated that further gains were likely.

QWhat price levels are VIRTUAL expected to rally towards next according to the analysis?

AVIRTUAL is expected to rally toward the $0.875-$0.955 levels next, and potentially reach $0.95-$1.04 in the coming weeks.

QWhy was the recent retracement from $0.82 to $0.64 considered healthy for the bulls?

AThe retracement was considered healthy for the bulls in the short-term as it allowed for a bullish reaction at a key retracement level, confirming strength and setting the stage for a potential rally.

Leituras Relacionadas

The Second Half of Macro Influencer Fu Peng's Career

Fu Peng, a prominent Chinese macroeconomist and former chief economist of Northeast Securities, has joined Hong Kong-based digital asset management firm Bitfire Group (formerly New Huo Group) as its chief economist. This move, announced in April 2026, triggered an 11% surge in Bitfire's stock price. Fu, known for his accessible macroeconomic commentary and large social media following, will focus on integrating digital assets into global asset allocation frameworks, particularly combining FICC (fixed income, currencies, and commodities) with cryptocurrencies for institutional clients. His career includes roles at Lehman Brothers and Solomon International, with significant influence gained through public communication. However, in late 2024, Fu faced temporary social media bans after a controversial private speech at HSBC on China's economic challenges, though he denied regulatory sanctions. He later left Northeast Securities citing health reasons. Bitfire, a licensed virtual asset manager serving high-net-worth clients, seeks to build trust and attract traditional capital through Fu’s expertise and credibility. The partnership represents a strategic shift for both: Fu enters the crypto sector after a traditional finance peak, while Bitfire aims to leverage his macro framework for institutional adoption. Outcomes remain uncertain regarding capital inflows and compatibility within corporate structure.

marsbitHá 1h

The Second Half of Macro Influencer Fu Peng's Career

marsbitHá 1h

Stablecoins Don’t Meet Core Requirements Of Money, BIS Says

The Bank for International Settlements (BIS) General Manager, Pablo Hernández de Cos, stated that existing stablecoins fail to meet the core requirements of money, specifically "singleness" and "interoperability." Singleness refers to the need for different forms of money to be interchangeable at par value, which is ensured by central banks in traditional finance but not in decentralized stablecoins. Interoperability means seamless cross-platform transactions, which stablecoins currently lack due to fragmentation across multiple blockchains. These shortcomings limit stablecoins' network effects and widespread acceptance, keeping them a "niche" payment instrument. However, de Cos acknowledged their potential to improve cross-border payments, though he also warned of risks to financial stability and monetary policy. Despite a bearish crypto market, the stablecoin market cap has reached a new all-time high of over $320 billion.

bitcoinistHá 1h

Stablecoins Don’t Meet Core Requirements Of Money, BIS Says

bitcoinistHá 1h

What Does the Outcome of the Midterm Elections Mean for Trump and Crypto?

The article analyzes the potential impact of the upcoming US midterm elections on Trump and cryptocurrency policy. Historically, the president's party loses congressional seats in 90% of midterms since 1946, making a Republican loss in the House highly probable. Current predictions suggest Democrats may take the House while Republicans retain the Senate, resulting in a divided government. Despite potential losses, Trump could still advance crypto-friendly policies through executive orders, agency appointments (if the Senate is held), budget reconciliation, and veto power. However, major structural bills like the CLARITY Act or a comprehensive stablecoin law would likely stall without a Republican majority in both chambers. The crypto industry has invested heavily ($288 million) in the elections to push for favorable legislation before the midterm window closes in mid-2026. While Trump remains the most crypto-friendly US president to date, advancing key reforms may be delayed until after 2028 if the legislative window is missed. The overall pro-crypto shift in US politics is seen as irreversible, even if progress slows temporarily.

marsbitHá 2h

What Does the Outcome of the Midterm Elections Mean for Trump and Crypto?

marsbitHá 2h

Cardano Leadership Structure Comes Under Scrutiny, Clouding Its Future – See Why

Cardano is recognized as one of the most decentralized blockchains, yet recent criticism highlights its lack of clear leadership. Analyst Cardano Yoda argues that despite the introduction of on-chain governance—which involves DReps (governance decision-makers) and Pentad (leadership and execution)—the network remains centralized in practice. While DReps control treasury spending, they lack coordination and strategic direction, relying instead on founding entities like IOG, the Cardano Foundation, and EMURGO. This creates fragmented leadership and accountability issues. Yoda suggests that DReps should evolve into a more coordinated body, possibly through a board or DAOs, to define strategy and improve governance effectiveness. Enhanced cooperation between DReps, founding entities, and Intersect is essential for Cardano’s future leadership clarity and operational unity.

bitcoinistHá 4h

Cardano Leadership Structure Comes Under Scrutiny, Clouding Its Future – See Why

bitcoinistHá 4h

Bitcoin Must Do This To Continue The Rally, Or It Will Be Over

A crypto analyst known as "Swarmik" has identified 17 key price levels where Bitcoin (BTC) could find support if selling pressure increases. The analysis suggests that BTC's overall outlook remains bullish, and any successful bounce from these levels could drive it back to all-time highs or beyond. The first critical support is at $70,931, followed by levels such as $68,931 (an "Imbalance Zone"), $66,638 (a "Reversal Line"), and $64,491 (a "Psychological Level"). Further down, Fibonacci retracements and other technical zones like "Fair Value Gap" and "Order Block" are highlighted. If the decline continues, lower supports include $51,612 ("Demand Zone") and $49,466 ("Supply Zone"). The analyst warns that a drop below $34,732 would invalidate the bullish structure, potentially ending the rally.

bitcoinistHá 5h

Bitcoin Must Do This To Continue The Rally, Or It Will Be Over