The virtual (virtual) protocol is down 15% in the last 24 hours after joining 200% in the last 30 days. This withdrawal occurs while the token tests a key resistance level around $ 1.53, while the trend indicators show signs of weakening of the momentum.
At the same time, the Smart Money wallets increased their assets by 14.4% in the last week and have been stable since May 2, which follows confidence in the longer -term prospects. Virtual is held at a technical and psychological crossroads. Merchants look closely to see if it can rely towards an escape greater than $ 2 or slide towards the support at $ 1.19.
Smart Money is stable while Virtual draws 15%
The number of virtual tokens held by intelligent monetary portfolios on Ethereum increased by 14.4% in last week, going strongly from 16.49 million to 18.57 million on May 2 and remaining regular about 18.54 million since then.
Despite its recent withdrawal, this growth indicates that some of the most sophisticated chain participants have accumulated an exposure to Virtual.
The sharp increase followed by stability suggests that intelligent silver portfolios could hold the additional increase in forecast, especially after the token has published a 209% gain in the last 30 days, making it one of the most efficient altcoins on the market.
The recent decrease of 15% in the last 24 hours has not yet triggered a widespread sale among these portfolios, which can reflect patience rather than panic.
This retention scheme could point out confidence in pursuing the wider rise trend or at least a strategic break before reassuring.
Although it does not guarantee future gains, stable intelligent silver assets in the face of short -term volatility are often a positive signal for the longer term momentum.
Virtual bbtrend falls suddenly – is it discolored from the momentum?
Bbtrend de Virtual fell sharply to 6.76, against 31.91 just two days ago, marking a significant weakening of the ascending momentum.
The BBTREND (Bollinger Band Trend) is an indicator based on volatility which measures the strength and direction of a trend by analyzing the expansion and contraction of Bollinger bands.
The values above zero suggest an upward trend, with higher readings indicating a stronger momentum. Since April 24, Bbtrend de Virtual has remained in a positive territory, which indicates constant bullish behavior for almost two weeks.
The current reading of 6.76 always reflects a positive trend, but the stiff decrease shows that the momentum cools. Although this does not necessarily point out an imminent reversal, it suggests that the explosive pace seen in recent days slows down.
After an increase of 193% in the last month, this deceleration may indicate a period of consolidation or a reduction in purchase interest.
Merchants should look at whether the BBTREND continues to decrease or stabilize, which could shape if the virtual resumes strength or dive more.
At a crossroads: a virtual escape greater than $ 2 or fall back to $ 1.19?
Virtual is currently negotiated just below a key resistance level around $ 1.53. If the purchase of Momentum returns – in particular with a renewed interest in the agents of the crypto – virtual AI could test $ 1.89 in the short term.
A successful break there wear the way for a possible movement above the $ 2 mark, a level which he has not reached since January 30.
However, recovering $ 1.53 could lead to a decline, in particular given the recent cooling of the strength of trends.
In this case, the next level of key support is at $ 1.19.
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