What to know:
- VIRTUAL forms a rounded bottom breakout with a retest, signaling a possible bullish move toward $0.98 if support holds.
- Despite structure, RSI near 44 and bearish MACD crossover suggest weakening momentum and short-term consolidation.
- Virtuals Protocol expands with the XMAQUINA DAO launch, linking DeFi and robotics via on-chain exposure to automation firms.
Virtuals Protocol (VIRTUAL) shows a rounded-bottom breakout with retest support, suggesting potential upside for the VIRTUAL price if momentum holds, though indicators now lean bearish and hint at consolidation risk. Meanwhile, Virtuals Protocol’s XMAQUINA launch connects DeFi with robotics through on-chain exposure to leading automation companies.
At the time of writing, VIRTUAL is trading at $0.7135 with a 24-hour trading volume of $147.39 million and a market capitalization of $468.84 million. After the 10.69% loss over the last 24 hours, the question is whether the VIRTUAL price could maintain its momentum or lead to deeper correction.
Source: CoinMarketCap
VIRTUAL Price Forms Rounding Bottom, Eyes $0.98
According to the crypto analyst Alpha Crypto Signal, the VIRTUAL price has formed a rounded bottom structure on the lower timeframe, signaling a shift from accumulation to breakout.
After breaking the neckline resistance, price successfully retested the level and held it as support. This confirms buyer strength, with momentum now leaning bullish as the asset stabilizes above its reclaimed zone.
Source: Alpha Crypto Signal’s X Post
As long as the VIRTUAL price maintains such an impetus, then the pattern becomes favorable for a move upwards to the next level, which, in this case, is $0.98.
The breakout-retest pattern represents a positive outlook on the market; however, failure to hold onto the zone already captured will render the pattern useless, leading to a move back into consolidation.
Also Read: Virtuals Titan Expands Korea Reach Through Major Bithumb Listing
Momentum Indicators Point to a Bearish Shift
According to TradingView, after experiencing sharp movements, the VIRTUAL price rallied above the 0.90000 level early in May only to see a sharp retracement down to the 0.67000 level. Although the VIRTUAL price attempted a partial rebound, it fell 4.10% during the last session to end at 0.7138
Source: TradingView
Momentum reversal in the VIRTUAL price is suggested by technical indicators. This can be seen as RSI declines to 44.59, thus falling from the overbought territory that it reached previously.
On the other hand, the MACD has dipped beneath the signal line with red histogram bars growing in size, confirming that bears are firmly in control of this market correction.
Virtuals Protocol Powers XMAQUINA Robotics Launch
The data from Virtuals Protocol further highlighted that XMAQUINA is now live on the Virtuals Protocol platform, marking a significant milestone in bridging decentralized finance to the emerging robotics industry.
The DAO represents a treasury approach that is expected to provide exposure on chain to some of the best robotics firms in the sector, thus making it stand at the crossroads of blockchain technology and automated solutions.
Source: Virtuals Protocol’s X Post
The treasury seeks out well-known robotics organizations such as Apptronik, 1X Technologies, NEURA Robotics, Figure AI, Agility Robotics, Robotico, and Sanctuary AI.
Via this strategy, XMAQUINA seeks to transform robotics research into a crypto asset class that can be invested in on-chain, thus providing crypto investors access to humanoid technology, robotic automation, and artificial intelligence.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: VIRTUAL Price Shows Recovery Signals as Breakout Structure Strengthens
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