VIRTUAL Crypto Sees Momentum with 17% Price Surge
The cryptocurrency market is abuzz as VIRTUAL sees a significant 17% increase in its price, following strong support from Bitcoin’s broader market recovery. This uptick also aligns with a breakout from a notable falling wedge pattern. With bullish signals, VIRTUAL’s price forecast for December appears highly optimistic.
Key Price Breakout Analysis
In October, VIRTUAL exhibited a classic falling wedge pattern, indicating potential bullish reversal. The breakout from this chart pattern was followed by a retest in late November, solidifying the trend. As of now, the price structure remains intact above the upper boundary of the wedge, suggesting a further recovery. Market experts foresee upside targets at $1.53 and $2.28, marking crucial resistance levels for the end of the year.
BTC Recovery: A Driving Force for VIRTUAL
A major catalyst for VIRTUAL’s recent gains has been Bitcoin’s recovery. As BTC halted the multi-week decline, many altcoins, including VIRTUAL, rode the wave of price stability. Bitcoin’s upward momentum provided the breathing space needed for VIRTUAL to resume its bullish trajectory.
On-Chain Activity Highlights Ecosystem Growth
One of the most striking indicators supporting VIRTUAL’s strength is the growth in on-chain activity. Monthly active addresses surged from 119.7K in October to 158.2K in November, signaling increased usage. Additionally, Total Value Locked (TVL) balances across all pools rose significantly to $25.6 billion, up from Q4 2024’s low of $5.69 million, as per Dune Analytics.
Despite some slower metrics compared to leading altcoins, these improvements contribute meaningfully to VIRTUAL’s bullish outlook.
Product Upgrades Amplify Market Sentiment
Beyond price action, ecosystem developments continue adding momentum to the VIRTUAL project. A key announcement this week revealed that “Butler,” VIRTUAL’s intelligent agent, now integrates with Google Gemini 3 Pro. This integration boosts capabilities and market confidence, positioning the project for long-term growth.
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Is VIRTUAL Ready for December Rally?
Despite moderate momentum, the 17% weekly price rise, matched with ecosystem innovations and rising on-chain activity, sets the stage for a bullish December. Traders eyeing VIRTUAL should monitor BTC’s movements closely, as Bitcoin plays a significant role in shaping altcoin trends.
As with any cryptocurrency investment, proper due diligence is advised. While VIRTUAL exhibits promising signs of recovery and potential upside, market volatility remains a consistent factor that should not be overlooked.
