Close Menu
    What's Hot

    Shiba Inu: Why a short-term SHIB rally may follow 15% drop

    High-risk, no reward: Are memecoins failing to attract sidelined liquidity?

    Dogecoin loses $0.10 support: Can DOGE stop the downtrend?

    Facebook X (Twitter) Instagram
    yeek.io
    • Crypto Chart
    • Crypto Price Chart
    X (Twitter) Instagram TikTok
    Trending Topics:
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    yeek.io
    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News
    • DeFi
    • Ethereum
    • Meme Coins
    • NFTs
    • Web 3
    Altcoin

    VIRTUAL whales buy the dip – Analyzing impact on price action

    Yeek.ioBy Yeek.ioJanuary 15, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link Telegram LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Smart Money, whales, and KOLs re-accumulated VIRTUAL after the price dipped below $2.50 levels, leading to a rebound.
    • VIRTUAL’s positive momentum towards the Ichimoku Cloud suggested a bullish outlook, reinforced by the MACD.

    The recent activities of Smart Money, whales, and Key Opinion Leaders (KOLs) in the Virtual Protocol [VIRTUAL] market signified a notable phase of re-accumulation. This occurred particularly as the price of VIRTUAL dipped below $2.50.

    Prominent buyers made significant purchases at average prices of $2.35 and $2.45, infusing over $551K into VIRTUAL, as captured on DEX position. These transactions marked their initial foray into this asset, highlighting a strategic entry point.

    A surge in buy volumes coincided with these acquisitions, pointing to a broader consensus among smart money circles. This suggests that the lower price threshold presented a buying opportunity.

    Virtual

    Source: iCryptoAI

     

    This influx, particularly after a dip, likely catalyzed the short-term rebound observed in VIRTUAL’s price, affirming the impact of substantial, coordinated buys in steering market dynamics.

    This trend underscored the influential role of significant market players in precipitating price recoveries during downturns.

    VIRTUAL price action and prediction

    The VIRTUAL/USDT chart analysis shows significant resilience as it navigates through the Ichimoku Cloud.

    The Conversion Line at $2.50 highlighted its role as pivotal short-term support, facilitating an initial rebound. This upward movement could find further support at $3.00, reinforcing the asset’s potential for stability.

    The MACD indicators support this optimistic perspective. The MACD line crossing above the signal line is a classic bullish signal, suggesting an increase in upward momentum.

    VIRTUALVIRTUAL

    Source: TradingView

    Furthermore, the price successfully tested the resistance-turned-support level at $2.2, validating it as a key support zone for future price actions. VIRTUAL now targets resistance level at $5.26 as a significant potential high if the bullish trend continues.

    However, caution remains advised as a reversal below the $2.2 support could trigger a downward trend, challenging the current optimistic scenario.

    Social dominance and monthly active addresses 

    The combined social dominance and monthly active addresses of the Virtuals Protocol show a clear correlation. As social dominance spiked, reflecting heightened community interest, active addresses also rose.

    This trend suggests increased user engagement and possible speculative activity.

    Source: Santiment


    Read Virtuals Protocol’s [VIRTUAL] Price Prediction 2025–2026


    Historically, such spikes aligned with upward price movements. Heightened social attention and active participation could lead to price increases.

    However, these metrics also warn of potential volatility. Rapid rises often precede corrections. If this pattern holds, VIRTUAL’s price might experience significant fluctuations in the near term.

    Next: Coinbase Premium flashes warning signs for Ethereum’s price – Explained

    Follow on Google News Follow on Flipboard
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link
    Previous ArticleSatoshi Action Fund raises $300,000 as it advances Bitcoin advocacy
    Next Article Ether Sale: A Statistical Overview
    Avatar
    Yeek.io
    • Website

    Yeek.io is your trusted source for the latest cryptocurrency news, market updates, and blockchain insights. Stay informed with real-time updates, expert analysis, and comprehensive guides to navigate the dynamic world of crypto.

    Related Posts

    Why is crypto up today—FOMC news, ETF flows and…

    March 20, 2025

    Binance Coin (BNB) Price Prediction for March 20

    March 20, 2025

    Trump becomes first US sitting president to speak at a crypto conference

    March 20, 2025
    Leave A Reply Cancel Reply

    Advertisement
    Demo
    Latest Posts

    Shiba Inu: Why a short-term SHIB rally may follow 15% drop

    High-risk, no reward: Are memecoins failing to attract sidelined liquidity?

    Dogecoin loses $0.10 support: Can DOGE stop the downtrend?

    Inside MemeCore’s decline: Why 52% of traders are now betting against M

    Popular Posts
    Advertisement
    Demo
    X (Twitter) TikTok Instagram

    Categories

    • Altcoin
    • Bitcoin
    • Blockchain
    • Crypto News

    Categories

    • Defi
    • Ethereum
    • Meme Coins
    • Nfts

    Quick Links

    • Home
    • About
    • Contact
    • Privacy Policy

    Important Links

    • Crypto Chart
    • Crypto Price Chart
    © 2026 Yeek. All Copyright Reserved

    Type above and press Enter to search. Press Esc to cancel.