The VIRTUAL token is experiencing a notable price recovery, rising to $1.03 from its March lows. This surge is reflected in a dramatic 230% jump in trading volume as the token breaks above key moving averages, potentially leading toward a target of $1.50. 
The Virtuals Protocol (VIRTUAL) shows signs of a significant price rally after experiencing a prolonged bearish trend starting from December 2024. Technical analysis combined with recent market movements suggest that the altcoin might be entering a bullish phase.
Following its peak at $4.50 in December 2024, VIRTUAL experienced a sharp decline, dropping to $0.70 between March and April 2025. The token has recently crossed above its prolonged consolidation phase near the bottom and is currently trading at $1.03.
Multiple technical indicators support this price increase. The Social Sentiment indicator shows a positive reading of 0.25244, while its green histogram bars have grown taller in recent weeks. This positive market sentiment continues to build on growing trader optimism.
According to CMC data, the uptrend is bolstered by high trading volume. Daily trading volume has surged almost 230%, indicating increased market activity. 
What’s Next for Virtual Protocol Price? 
On the daily technical chart, VIRTUAL surpassed both its 50-day and 200-day exponential moving averages.
It also continues to trade above its former resistance level near the 0.75 mark, further suggesting bullishness.
The MACD indicator displays positive signals. Both the MACD and signal curves have moved above each other in an upward trend, indicating strong bullish market conditions.
Finally, the RSI curve reached 76.80, highlighting considerable buying activity. While the asset demonstrates potential overbought conditions, sustained price action and consistent oscillator growth confirm the strength of this current price movement.
Technical analysis suggests that VIRTUAL will likely maintain its upward trajectory towards resistance at $1.50 as it recovers from its previous support levels during January 2025. Investors must exercise prudent risk management practices for investments in this asset, as VIRTUAL demonstrates significant price volatility.