🚀 VIRTUAL Plummets! Can the Bulls Save the Day at $0.70? 🚀

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Oh, the fickle world of AI crypto coins! 🪙 Just when you think you’ve got it all figured out, they go and crash like a wizard’s spell gone wrong. Traders, ever the optimists, are crossing their fingers for an upside reversal. But will the universe (or the market) cooperate? 🤔

Virtuals Protocol [VIRTUAL], the star of today’s tragedy, has taken a nosedive of more than 10% in the past 24 hours. 📉 That’s right, it’s aligning with the technical outlook and network activity, which are both about as cheerful as a troll with a toothache. 😣

Among the top 100 coins, VIRTUAL managed to secure the fifth spot in the market drop Olympics. 🥇 A weekly drawdown of 16%? That’s not just a stumble-that’s a full-on faceplant. 😵

VIRTUAL Price Analysis: Is the Selling Pressure About to Swallow Us Whole?

Since November 1st, VIRTUAL’s price chart has been on a steady decline, like a snail sliding down a rain-soaked wall. 🌧️ This correction followed a brief rally that occurred ten days after the October 10th crash. Talk about a rollercoaster ride! 🎢

According to DyorNetCrypto (because who doesn’t love a good acronym?), the altcoin’s trend score is bearish enough to make a grizzly bear blush. 🐻 Multiple indicators are nodding in agreement, like a room full of nodding dogs. 🐕

At press time, the 10-day and 25-day SMAs are pointing downward faster than a witch’s hat in a hurricane. 🌪️ Prices are trading below them, the MACD bars are redder than a tomato with a sunburn, and the OBV is sulking at negative $1.55 million. 😢 Virtual Protocol is also trading below the SuperTrend and sitting under the Ichimoku cloud, which sounds like a bad day at a magical weather station. ☁️

VIRTUAL Price Chart

Pattern-wise, VIRTUAL’s compression is tightening like a pair of trousers after a big lunch. 🍔 A reversal could be on the horizon, but don’t hold your breath-the price doesn’t need to fall below the $0.70 zone. The RSI is oversold, adding a sprinkle of hope to this otherwise gloomy forecast. 🌦️

But beware! Losing that $0.70 zone would escalate sell pressure faster than a goblin spotting a gold coin. 🤑 And let’s not forget, network activity is following suit, like a loyal but slightly dim-witted sidekick. 🛡️

Network Activity: Falling Faster Than a Juggler’s Clubs

Network activity-volume, liquidity, fees, and the number of holders-has been declining like a forgotten New Year’s resolution. 📉 According to CoinMarketCap, the number of holders has shrunk to 1.03 million, which is about as impressive as a dwarf trying to reach the top shelf. 🧙♂️

Since November, VIRTUAL’s token volume has plummeted from $1 billion to $80 million. That’s a 10X decline, folks! Meanwhile, liquidity has only halved, sitting pretty at $13 million. 💸 The ecosystem’s fee revenue? It’s been on a steady decline for five quarters, dropping from $20 million to $8.51 million. Someone call the financial wizards-we need a spell for prosperity! 🧙‍♀️

Network Activity Decline

Will VIRTUAL Bounce Back from $0.70? Or Is It a One-Way Ticket to Doom?

While all metrics and technicals are screaming “weakness,” the liquidity heatmap is whispering sweet nothings about a potential reversal. 🤫 The structural outlook seems to be stabilizing around $0.70, with liquidity stacked like pancakes at a breakfast buffet. 🥞 Each time the price touches this zone, it could ignite a bounce-if the bulls can muster the energy. 🐂

Liquidity Heatmap

On the flip side, VIRTUAL is forming clusters above $0.72, acting like price magnets for the altcoin. 🧲 The uppermost liquidity concentration for the day is around $0.80, which could be the target if things go north. But let’s not forget, VIRTUAL is sandwiched between liquidity clusters, and the price seems to be heading upward-though more liquidity around $0.70 could throw a wrench in the works. 🔧

Final Thoughts (Before We All Panic)

  • VIRTUAL drops 10% thanks to a technical breakdown and network activity that’s about as lively as a three-legged tortoise. 🐢
  • Liquidity above the current price could spark a reversal-if the bulls can stop napping. 🐃

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2025-12-17 03:21