Virtuals Protocol Surges 155%: Is This a Miracle or a Mirage?

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  • Virtuals Protocol: So bullish, they had to invent a new word for it—bullash? 🐂🚀 April’s $0.42 lows now look like a typo.
  • Heads up, geniuses! There’s a bearish divergence. Translation: Might trip over its own feet for a minute.

Virtuals Protocol [VIRTUAL] has cranked up the drama, rallying 155% in a week—because why not? With demand hotter than my Aunt Sadie’s brisket (and just as unpredictable), the price has bulldozed resistance and looks ready to move even higher. Investors see more green than the inside of a cucumber.

Transaction count is up, which is code for, “Everyone’s jumping on the bandwagon!” If this were a wedding, the cake would have toppled over by now. 🍰

VIRTUAL: A Dip, but Hold the Guac

The big bullish shift happened on Friday, April 25th. Since then, the price did a 56% victory lap—possibly just to show off.

Money Flow Index at 89? Folks, that’s not bullish, that’s “can we get this asset an oxygen mask?” No bearish divergence yet, but you can hear the suspense music playing.

CMF reading says huge capital inflows. The Accumulation/Distribution (A/D) indicator is trending north, like my neighbor after seeing my cooking.

From January till March, it was a downtrend montage—think Rocky, but with more crying. Those sad higher lows now make up the “next resistance levels,” also known as the places VIRTUAL bulldozed on the comeback tour.

Last few days? VIRTUAL breezed past $1.21 and $1.41 like they were speed bumps in a Hollywood car chase.

But hold your horses! 🐴 The 4-hour chart looks ready for a nap. MFI is forming lower highs, price is making higher highs—classic “who’s on first?” Bearish divergence alert! A pullback is possible; $1.22 or $1.06 could be the pit stops. Bring snacks.

Relax, the 4-hour technicals still have strong bullishness on the A/D and CMF. Basically, the crowd hasn’t left the party, they just went outside to smoke for a second.

Any dip could be more of a stumble than a faceplant, and the bounce back could be so fast you’ll miss it if you blink—or sneeze.

Three-month liquidation heatmap says the $1.55-$1.58 zone is magnetic. Like, big-hair-80s-magnetic. 💇‍♂️ Price might get sucked up there, just to see how the air up high feels before gravity pays a visit.

Liquidity brings price like my mother brings guilt—inevitable. So expect a quick move higher before sellers pounce. Don’t short it just because you see the word “bearish”—that’s how you end up explaining things to your accountant. $1.36 is another liquidity puddle waiting to be splashed in, likely to get tested soon.

Long-term holders: if $1.6 turns into support, don’t just stand there—do something! Next stops on this circus train: $2 and $2.4. Try not to spill your popcorn. 🎟️

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2025-04-30 03:08