Virtual AI Coin Price Struggle Continues, Token Lost 32%

The hype around AI cryptos is constantly rising, influencing their price performance. The Virtual protocol is one such demanded crypto, which hit an ATH

Popular AI crypto, Virtual, has been consolidating after hitting an all-time high (ATH) last week. However, the token’s price dropped significantly, leaving many wondering whether it’s still a good time to buy.

According to crypto analyst Michaël van de Poppe, traders could make 85% gains if they bought Virtual AI Coin at a specific point. In a recent tweet, van de Poppe shared his analysis, showing that Virtual’s price dropped to a crucial support level. He highlighted two potential scenarios for the token’s price movement.

If Virtual’s price manages to hold above this support and begin rallying again, it could present a lucrative opportunity for traders. Based on van de Poppe’s analysis, traders could make 85% gains if they bought Virtual at around $3.35 and sold it at his target price of $6.2.

However, it’s important to note that the cryptocurrency market is highly volatile, and anything can happen. So, traders should always do their own research and trade responsibly.

Virtual AI Coin Price Struggle Continues, Token Lost 32%

After rallying to an ATH of $5.07, the popular AI crypto, Virtual, is in serious consolidation, losing 32% since the peak. Volatility and selling pressure took over the cryptocurrency, but things began settling with the crypto market recovery. At present, it trades at $3.43 with a trading volume of $324.8M, which is down 38% in the 24-hour phase. The open interest shows a significant decline from yesterday’s peak, currently at $255.93M.

Many analysts agree that the current situation is a part of the market’s behavior and a buying opportunity before the price rises again. One such analyst has presented a timeline for when to buy the Virtual AI coin and when the price will increase.

Here’s When To Buy Virtual Protocol For 85% Gains

According to Michaël van de Poppe, if traders buy the Virtual AI coin at around $3.35 and sell it at his target price of $6.2, they could make 85% gains. However, it’s crucial to remember that the cryptocurrency market is highly volatile, so anything can happen. So, traders should always do their own research and trade responsibly.