The VIRTUAL token of Virtuals Protocol has surged 35.8%, reaching over $1.79, following significant whale accumulation and a recent protocol upgrade. This price increase broke the $1.37 Fibonacci 23.6% resistance level, with the market cap climbing 34.9% to $1.17 billion. The upgrade includes integration with Coinbase's AI payment standard x402, contributing to the token's upward momentum.
Technical indicators reflect strong market sentiment, with the Relative Strength Index (RSI) at 60.7 and the Moving Average Convergence Divergence (MACD) turning positive. Traders are eyeing the next resistance level at $1.90, with potential targets extending to $2.50. Key support levels are noted at $1.37 and $0.89.
Virtuals Protocol Token Jumps 35.8% Amid Whale Accumulation and Upgrade
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