- The failure of the H4 bullish order block promised new lows for VIRTUAL value prediction.
- The OBV has made decrease lows on the day by day, and the CMF signaled bearish dominance.
Virtuals Protocol [VIRTUAL] has been trending downward over the previous three weeks. Whereas the pullback was thought-about wholesome per week again, the lack of the 78.6% Fibonacci retracement degree at 2.67 on the nineteenth of January was a bearish blow.
Since then, the sellers have compounded the bulls’ woes. Bitcoin [BTC] noticed heightened volatility previously three weeks.
A BTC pump didn’t take VIRTUAL significantly increased, however the former’s losses dragged Virtuals Protocol and the remainder of the altcoin market downward.
Virtuals value prediction exhibits bearish turbulence forward
Supply: VIRTUAL/USDT on TradingView
The Fibonacci retracement ranges had been plotted based mostly on the uptrend the token exhibited in December. At press time, VIRTUAL was simply above the 100% retracement degree.
The failure to carry the 78.6% degree has turned the pullback right into a downtrend on the day by day timeframe.
The market construction was bearish, and the day by day RSI dived beneath impartial 50 earlier this month to indicate bears had the higher hand. This has not modified.
Extra worrying was the regular losses on the OBV. It made decrease lows all through January, reflecting regular promoting quantity.
Supply: VIRTUAL/USDT on TradingView
The H4 chart strengthened the bearish outlook. The bullish order block at $2.4 from mid-January has been breached. It’s now anticipated to behave as a resistance zone.
The Virtuals value prediction is a sustained downtrend within the coming days.
The CMF was beneath -0.05, and the breach of the bullish order block meant $2 will quickly be challenged. If overcome, the bears are extremely prone to drive costs to the 23.6% southward extension at $1.25.
This degree coincided with a horizontal help degree at $1.34.
Supply: Coinglass
The liquidation heatmap confirmed that the $2.2 and $1.95-$1.85 areas had been candidates for a bullish reversal. The value motion of the previous 24 hours confirmed that $2.2 was swept, and the liquidation cascade pushed costs decrease.
Learn Virtuals Protocol [VIRTUAL] Worth Prediction 2025-26
Bearish stress was unlikely to relent within the coming days. A transfer to $1.85 might begin this week. Whether or not a bullish reversal might happen relies on capital inflows and BTC sentiment.
With BTC beneath $100k, the Virtuals value prediction was strongly bearish within the quick to medium time period.
Disclaimer: The knowledge introduced doesn’t represent monetary, funding, buying and selling, or different varieties of recommendation and is solely the author’s opinion
