VIRTUAL price is up 15% in the last 24 hours as hype around AI agents continues to ramp up. The coin has been reaching new all-time highs over the past few weeks, surpassing $5 for the first time on January 1, 2025.
Technical indicators like RSI and BBTrend show that bullish momentum remains, but signs of cooling suggest potential resistance ahead. The strength of VIRTUAL price current trend in the coming days will determine whether it reclaims $5 or faces a correction to key support levels like $3.73.
VIRTUAL RSI Is Close to Overbought
VIRTUAL Relative Strength Index (RSI) has cooled off from its recent overbought level of 80 and is now at 67.7. This shift indicates that while the intense buying pressure has subsided, bullish momentum remains strong as the hype around artificial intelligence on crypto continues strong.
An RSI of 67.7 places VIRTUAL just below the overbought threshold of 70, signaling that the asset is still in a bullish phase but approaching a level where caution might be warranted as it nears potential resistance.
The RSI is a momentum indicator that measures the speed and strength of price movements on a scale from 0 to 100. Readings above 70 indicate overbought conditions, often signaling a potential pullback, while readings below 30 suggest oversold conditions and the possibility of a recovery.
With RSI at 67.7, it suggests that the VIRTUAL price may still have room for short-term gains but could face increased selling pressure if the RSI climbs back into the overbought zone.
VIRTUAL BBTrend Sits Below Recent Levels
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Author: Tiago Amaral
