Virtuals Protocol (VIRTUAL) price has skyrocketed by 133% over the past 30 days, fueled by the growing narrative around crypto AI agents. Despite its impressive monthly gains, VIRTUAL has seen a 6% dip in the last 24 hours, reflecting a potential pause in its upward momentum.
Currently maintaining a market cap of $4 billion, VIRTUAL has slipped to become the third-largest AI coin in the market, behind RENDER and TAO. With its ADX at 13.3, signaling weak trend strength, and its BBTrend turning negative at -1.51, VIRTUAL appears to be entering a consolidation phase, leaving the market to speculate on its next big move.
VIRTUAL Lacks Clear Direction
VIRTUAL Average Directional Index (ADX) has declined steadily to its current level of 13.3, down from 32.4 on January 2. ADX is a key technical indicator used to measure the strength of a trend, regardless of its direction, on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest weak or absent momentum.
VIRTUAL’s ADX below 20 confirms that its previous trend has lost strength, signaling a potential transition into a consolidation phase.
At 13.3, the ADX reflects minimal trend momentum, aligning with the price behavior, suggesting reduced volatility and directional movement.
This low ADX level implies that Virtuals Protocol price is likely to remain range-bound in the short term unless a significant shift in buying or selling pressure occurs. Traders may interpret this as a period of indecision in the market, where the coin’s next direction will depend on whether momentum reasserts itself on the bullish or bearish side.
VIRTUAL BBTrend Turned Negative After 5 Days
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Author: Tiago Amaral
