The cryptocurrency market continues to demonstrate positive trends, with Ethereum showing significant growth and Virtuals Protocol standing out among altcoins.
General Overview of the Cryptocurrency Market
The cryptocurrency market continues to follow an upward trend, and Ethereum (ETH) is showing impressive gains, up 9% on the day. The current price of ETH is approaching $3,475.
Rise of Virtuals Protocol and Its Strategies
The token of Virtuals Protocol (VIRTUAL) has risen by 11% today, increasing its value by 231% over the past 90 days. The leading platform for creating artificial agents displays a harmonic pattern on the daily chart, which traders believe indicates continued bullish trends.
Future Prospects of the VIRTUAL Token
If the current structure is confirmed, VIRTUAL may rise by another 82% from current levels to the potential reversal zone around $3.42. This level is key for trading, and it is essential to maintain a value above the 50-day moving average, currently at about $1.72.
Considering favorable market conditions and the presence of a clear harmonic structure, VIRTUAL is positioning itself as one of the most interesting altcoins in the near future.
