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Virtualsprotocol

BUY - take off after consolidation? Virtual protocol completed a strong correction from $5.1 to $2.2.  The price fell to the key Fib zone (Blue Fib line in the chart) bounced up with a strong bullish candle formation in the 4H chart.   The price broke and closed above the descending parallel channel as well as Fib 0.236 (orange Fib line in the chart).   As I mentioned in my last article, when the price breaks above Fib 0.236, there is a good probability it continues to move to Fib 0.5-0.618 area.   If it only reaches 0.382 and retraced back down, it usually means that it is a continuation of the bear trend (at least in my past observation.) In this case, the price shot up to Fib 0.618 but now it is pulling back.  Given that there are two layers of sell blocks sitting above the Fib 0.618 area,  there is no surprise the price is coming now.   All momentum indicators in the 4H chart have reached the overbought territory and are moving downwards.  However,  both Daily and 4H MACD are way above 0, so I interpret it as the dominant trend is bullish but it is a correction phase.   If the price is going to move in the classic style, I anticipate it is likely to oscillate between $3-$4 range.  And once the 4H momentum indicators reset and start to move upwards, it is going to start another leg up to and beyond the previous ATH.    There are many "IF". It all depends on when Bitcoin decides its decisive move.   But my overall bias for Virtual and crypto market in general is very bullish.  I have been holding Virtual last year (purchase price is about  $0.50) and I haven't sold any.    I might start taking profit in stages when the daily MACD or RSI starts to form a clear negative divergence.  
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
BUYGAME is an AI agent infrastructure project in the Virtual protocol ecosystem.    A small market crypto project is extremely volatile and can be unpredictable, but I enjoy trading a project like this based on technical analysis.    Technical analysis can be very subjective.  Depending on which time frames you are trading and how you are seeing patterns, you can draw support/resistance/trend lines in so many different ways for more mature assets like Bitcoin, FX, and indices.   But a young asset like GAME, doesn't have much price action history, therefore, it can be easy to see where the price moves and retraces according to Fibonacci level in 4H and Daily charts.  There are no prior historical patterns and price levels so we have to go with textbook style moves.    I am not sure if that is the case, but I feel like that's what is happening in many new crypto projects.   The price started to move up on the 5th Dec and peaked on the 3rd Jan.  It is the very first time in this asset's history that the momentum indicators travelled from the bottom to the top in the daily chart.  So I drew the Fib retracement line there.  The price dropped right at Fib 0.786 (the last line of defence for the bull), formed tweezer bottom, and strongly bounced up in the 4H chart.  Daily MACD is remaining in the bull territory.  Daily Stochastics have reset and entered the bull zone.  When you go to 4H chart, MACD lines have crossed and are entering to the bull territory.  The price is travelling inside the sell block in the 4H chart, but once it clears, it has not much pressure to move to the last month high at $0.36 zone and move up further.  I don't trade small projects like this with leverage.  I pick projects with good fundamentals and buy with a small allocation of my capital.  I bought GAME tokens at $0.25 area in late Dec.  I intend to hold it for a while and when Daily momentum indicators start to form negative divergence, I might sell all or sell some.  
G
by EbonyFalcon
GRIFFAIN - About to take off? GRIFFAIN is an AI agent project on Solana blockchain. The price has been consolidating since 13th Dec and the price has broke above the resistance line at $0.35. The current chart set up in Daily timeframe looks to me exactly the same as that of ai16z on 27th Dec when the price skyrocketed from $0.90 to the current price of $1.72. MACD crossed above 0 level and showed green histogram bar, and RSI and Stochastic both crossed and clearly pointed upwards in the bull territory. That all three momentum indicators show clear bull signal in Daily chart doesn't happen often. I invest in this project and do not intend to do short term trading wit this asset. I think another parabolic leg is coming just like ai16z. I might take small profit if momentum indicators start to show clear negative divergence in 4H or daily chart, but I intend to hold most of my position until it reaches 1 billion Market cap.
by EbonyFalcon
4
BUYWell, I was hoping the price would consolidate for a while when it broke above the trendline and Fib 0.236, but it blasted off to Fib 0.618, instead.   Last nights CPI data must have been a major catalyst for this move.   I have bought Virtual at around $0.50 Nov last year and I haven't sold any yet.  I am bullish on Virtual and I intend to invest and hold for a while, instead of trading. I am looking for an entry to buy more.  I personally don't think it matters too much  to buy it for $4 , $3.80. or $3.50 IF you are to hold it for several months.   However, currently the price is hovering around Fib 0.618 which is the area the price often corrects temporarily.  Also, two sets of sell orders sitting right above it.   The 4H Stochastics has already reached the overbought territory (although it doesn't mean much when the momentum is very strong.  It can stay in the overbought territory for a long long time and the price keeps going up.)  What I am going to do is to wait and see how the price will settle during Asian and European a.m. sessions.  If the price comes down to Fib 0.382-0.5 level, I will buy more. 
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
Almost time to buy, not yet! ! Yesterday, I published my analysis on Virtual protocol and wrote that I would buy when a certain conditions are met.  These conditions are: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone)  3) 4H MACD lines cross and enter the bull zone.  4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. In the last few days, the bull is starting to show some signs of strength.  Daily stochastic has reset and now is moving back up.  Daily MACD remains in the bull territory.  Therefore, the environment to open a long position is now present.  The price has moved and closed above the descending parallel channel as well as Fib 0.236 in the 4H chart.     HOWEVER, the 4H stochastics has already reached the overbought territory and rolling down before 4H MACD made it to the bull territory.  That means, the first attempt for the bull run has failed.  The price might move sideways between key fib levels for a while until the stochastic is reset.  
Long
by EbonyFalcon
1
Long opportunity imminent? I am going to buy when the following conditions are met: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone) 3) 4H MACD lines cross and enter the bull zone. 4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. There are a lot of conditions to meet and it might take a while, but from my past experiences, when these conditions are met, the price start to move smoothly in the direction of my bias. I don't need to go through unnecessary emotional roller coaster.
by EbonyFalcon
1
Buy if these conditions are metI am going to buy when the following conditions are met: 1) Daily stochastics (9,3,3) reset and start to move upwards 2) Daily MACD remains above 0 level (bull zone)  3) 4H MACD lines cross and enter the bull zone.  4) 4H stochastics are not overbought territory (it is okay if the conditions above are met but it might experience a few more pull backs if stochastics are overbought) 5) 4H candle breaks and closes above the top descending parallel channel and stays and also it is above Fib 0.236. There are a lot of conditions to meet and it might take a while, but from my past experiences, when these conditions are met, the price start to move smoothly in the direction of my bias.  I don't need to go through unnecessary emotional roller coaster. 
CRYPTO:VIRTUALUSDLong
by EbonyFalcon
Public trade #3 - #Virtual price analysis ( Virtual Protocols )🎄 While the whole world is moving away from New Year's celebrations, and most cryptocurrencies are lazily hanging out in consolidations 🥳 MM coins #VIRTUAL does not sleep, and the price of OKX:VIRTUALUSDT.P is going higher and higher in the sky) 🔽 But as soon as the price drops below the red trend line, longs may be hurt, and the festive mood will disappear. #VirtualsProtocol You can try to make your first purchases around $2.90. But it is safer in the range of $2.40-2.40 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
2
Virtual Protocol - don't get trapped! Last night (morning in NY), Bitcoin went above $100k and it looked like the crypto market was about to start a bull trend.  For Virtual, the 4h candle decisively broke and closed above the previous week's mid price and previous month's high price.  Stochastic and RSI lines both crossed and went into the bull zone.   MACD lines looked like they were about to cross in the bull zone.  Everything looked quite bullish and promising. I was almost tempted to open a long position, but I didn't.   The price ended up retracing and it is now below the recent support area. What saves me every time in the chart setting like this is to wait for MACD lines to cross properly.    I got caught in so many bear/bull traps like this because I wasn't patient enough to wait for MACD to cross.   It is a very simple strategy but extremely effective.  I am still very bullish on Vertical and wait for re-entry.  However, I will wait for 4H MACD to cross in the bull zone and for daily stochastic to cross and roll back before I consider adding more position.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
1
Virtuals Protocol in Freefall Mode, Bounce Next?Virtuals Protocol www.tradingview.com has been in freefall since it cracked $5 a week ago. The good news? Currently Virtual is at $2.70, slowing down for a pit stop at a key support - the 50% Fibonacci retracement level. A strong bounce here (we would want to climb back up past $3) could mean the bulls have taken back control and we might be in for an exciting reversal! If that doesn't happen and the baby bears come correct $2.15 is the next key support level to keep an eye on. Do you think we'll get a second wave? Let us know if you are buying the dip! ............. New video dropping today! Follow us for more timely technicals updates!
CRYPTO:VIRTUALUSDLong
by StonkMarketParty
1
AIXBT Heading to $1.5 Billion Dollar Mcap. Bull Flag.At the recent Consumer Electronics Show (CES) 2025, a plethora of groundbreaking advancements in Artificial Intelligence took center stage, igniting a wave of excitement around AI agents. These innovative agents, driven by cutting-edge AI and machine learning technologies, are poised to generate immense value, potentially reaching into the billions of dollars. Their influence is set to ripple across numerous industries, particularly in healthcare and finance. A significant catalyst for this enthusiasm was Nvidia CEO Jensen Huang’s compelling keynote address, which focused on the potential of AI agents. Furthermore, a Google Trends analysis indicates that interest in AI agents has surged, outpacing searches for meme coins, signalling a powerful shift in focus toward these transformative technologies.
ALong
by BallaJi
Virtual Protocol - low is in yet? Virtual is currently going through a major correction.   After it broke below the previous week mid/the previous month high, it accelerated the downward move in the narrow descending parallel channel.   Today, the price hit the previous week low at $3.35 which is the previous major support/resistance level.  Is the low in? I think it all comes to Bitcoin's next move. My general bias for Virtual is bullish. So I am patiently looking for an entry to buy. Price is the king but I find momentum indicators , MACD in particular, extremely useful to identify a good entry area. I am going to consider a re-entry when: 1) the price breaks and closes above the top descending parallel channel in the price chart;   2) MACD and RSI lines move above the descending trendline and enter the bull territory;   3) Stochastic in 4H chart is not overbought territory; and   4) For the final confirmation, stochastic in Daily chart has crossed pointing upwards.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
2
Virtual protocol - waiting for re entry The price dropped below the previous week mid and the previous monthly high.  Currently the price is hovering over EMA55 and Fib 0.618.   MACD lines are widely apart and diving into the bear territory so the price correction is still in progress.  However, 1H momentum indicators are starting to form positive divergence and moving its way out of overbought territory.    I will continue to focus on the 4H chart.  If Virtual continues its bull trend, I anticipate the price will start to move upwards somewhere between Fib 05 and Fib 0.786 level (between previous week mid and low area).   MACD has been very reliable indicator for me to enter the market. I will wait for MACD lines to cross and move upwards. Bitcoin is going through a temporary correction so overall cryptomarket might be affected by it.  
CRYPTO:VIRTUALUSD
by EbonyFalcon
Virtual protocol - wait for a re-entry Daily RSI had been forming clear negative divergence since 30th Nov. The price broke the previous month high and daily candles formed the bearish engulfing pattern after.   In the scenario like this, I usually close a trade or take a partial profit.   However, Virtual is one of the most sought after infrastructure AI tokens, therefore, I need to take fundamentals into consideration.   I am anticipating the price will resume another leg up, although it might go through some correction or sideway moves first.   Instead of taking a short position, I am looking for a re-entry position.  As of today, the price has dropped to the previous month high at $4.0 and the price is holding above that level. In the 4H chart, MACD and RSI are moving downwards but still remain in the bull zone. Stochastic (9,3,3) on the other hand has already reached oversold territory and entered into the bull zone.    I will update the analysis on this chart in a day or two. But I think a good entry for long will eventually appear. I definitely won't go short for a strong asset like this, not matter how aggressively pulling down.
CRYPTO:VIRTUALUSD
by EbonyFalcon
4
AIXBT - no sign of slowing downI have been waiting for the price to pull back, but there seems to be no sign of slowing down. Momentum indicators in Daily chart are overbought territory, but MAC lines are getting wider and wider which makes me think it will continue to go up. Stochastic and RSI in 4H came down to 50 zone and and rolling back up again. I started buying the tokens from $0.27 level in stages. I just bought more at $0.60 because stochastic and RSI in 4H are signalling there is another upside move coming. I will start taking profit in stages when momentum indicators start to show clear negative divergence in 4H and /or Daily chart.
Long
by EbonyFalcon
VIRTUAL Protocol Lands on Moon! $5 Party Incomingwww.tradingview.com Virtual Protocol : $5 Party or Rugged by 4 Cents? Virtual Protocol just tapped $4.96 earlier today, leaving us all wondering—are we on the verge of a $5 party, or did we just get shorted 4 cents? For all the degens and diamond hands out there, the Fibonacci extension from the previous low to high has Virtual targeting $5.32. That’s right, the crypto gods are speaking, and they’re whispering “come to me moon boy” But let’s not break out the champagne candles just yet. This rocket has plenty of fuel left, but watch for some turbulence as FOMO kicks in harder than a bull on a bear's back. The charts are lit, sentiment’s running wild, and you don’t want to be caught paper-handing when the resistance radar starts blinking. So what’s next? If we smash through $5 like it’s a piñata at the stonk party, that $5.32 target isn’t just realistic—it’s inevitable. But if the bears crawl out of their baby bear caves and try to drag us down, don’t forget: Virtual Protocol doesn’t just dip, it invites the big players to buy in. ***But just to be candid I did take some profits off the table in case the party ends early, but I'm not closing this position yet. It's been a 🚀 of a ride, see you on the moon! Get your popcorn, keep an eye on the candles, and let’s see if Virtual becomes the life of the $5 party or just another sob story for the SMP Bagholder Detector (indicator). Either way, we’re in for a ride.
CRYPTO:VIRTUALUSDLong
by StonkMarketParty
1
Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI all crosses and pointing upwards in the bull territory. I am going to take some profit initially at 0.031 at Fib 1.618. I use Fib level and also look for clear negative divergence in 4H and/ordaily time frame to close the position or take a partial profit.
P
by EbonyFalcon
Polytrade by Virtual - Bullish!!Since ATH on 29th Nov, the price has been slowly retracing and forming shallow wide bowl over a month. The price went up to test Fib 0.236, retraced back to 0.618 and now ready to move back up. I really like the price to bounce up and down and up and down between key Fib level. MACD, RSI and RSI all crosses and pointing upwards in the bull territory. I am going to take some profit initially at 0.031 at Fib 1.618. I use Fib level and also look for clear negative divergence in 4H and/ordaily time frame to close the position or take a partial profit.
P
by EbonyFalcon
VIRTUAL’s Incredible Year: Is a Top in Sight??VIRTUAL has experienced a phenomenal rise in recent months, climbing to rank 36 in the overall crypto market with an impressive $3.7 billion market cap. This meteoric growth is a testament to the strong interest and momentum behind the project. However, as we approach the end of the year, there are signs that a potential top could be forming. Let’s analyse the chart and key scenarios to watch for in the coming weeks. Key Levels and Observations: 1.) Elliott Wave Analysis: The price action suggests we are completing the 5th wave of an Elliott Wave cycle, signaling a potential exhaustion of the current uptrend. Based on the Fibonacci extension of the last corrective wave, the 1.618 level is a critical resistance at $3.8134. A breakout above $3.8134 could open the doors to test the psychological level of $4. However, failure to break this level might confirm the end of the 5th wave and initiate a correction. 2.) Head and Shoulders Formation (Potential Setup): There are early signs of a Left Shoulder formation on the chart. If the price rejects at the 1.618 Fibonacci level, we could see the development of a Head and Right Shoulder, forming a bearish reversal pattern. Confirmation of this pattern would require a clear neckline and increased selling volume, signaling a trend reversal. 3.) Time-Based Correction: A correction could align with the broader crypto market trends as we head into early 2025. Given the potential for Bitcoin to drop to the 84K support zone, this could trigger a sell-off in altcoins, including VIRTUAL. 4.) Overall Market Sentiment: While the broader market has been bullish, a Bitcoin-led correction could drag down the entire crypto market. Altcoins often experience sharper corrections during Bitcoin downturns, which could result in VIRTUAL retracing some of its gains. Volume Analysis: Monitor volume levels at key resistance points (e.g., $3.8134 and $4) for confirmation of breakout or rejection. Market Correlation: Keep an eye on Bitcoin’s price action, as any significant movement could directly impact VIRTUAL and other altcoins. Note: These are my personal thoughts and interpretations of the current market conditions. Please take them with a grain of salt. The crypto market is highly volatile and further data and confirmations are essential before drawing definitive conclusions. Happy trading!
Short
by SiDec
3
Virtuals Protocol - From Fundamental to technical analysisMEXC:VIRTUALUSDT BINANCE:VIRTUALUSDT.P KUCOIN:VIRTUALUSDT Hello Monstralians, This is my full analysis of GATEIO:VIRTUALUSDT : Fundamental analysis: - Very strong project with many applications - 100% of coins available for trading - Limited max supply - Growing community : users - developpers - investors The market cap went from $90M to $3.3B . The buying orders continues as the investors believe in the strong future of this project. We can notice that despite the recent crypto market decrease, the price still holding. This means the buying orders still in (this should be crossed with TA in the following part). Technical analysis : The coin went from $0.05 to $3.6 in 8 months. But the coin have experienced a first decrease of -85% during the cypto market correction between . This distribution is very important to keep in mind as it can characterize the coin behaviour during next bear markets. The coin is following a pattern of breaking each time the previous highs. But recently we can see that the dumps are more strong which means a certain exhaustion of the price. Expectations : I expect the coin to retest the price range of [ 2.7-3.0 ] dollars to take a good momentum for higher targets. This will be a good opportunity for short term traders to take some of good profits (15-20%) from new investors entering the market. For investment, I don't see it's the right time to buy. The reward can be big but for me the risk is very high (not suitable with my investing strategy). Happy trading !
by Monstralian