The cryptocurrency VIRTUAL has experienced a sharp decline in price, dropping 58.7% in the past 30 days and 15% in the last 24 hours. Its market cap has also significantly decreased. Technical indicators, such as the Average Directional Index (ADX) and Bollinger Band Trend (BBTrend), reflect this weakness and suggest bearish momentum is strengthening. The rising ADX indicates that the downward trend is intensifying, while the negative BBTrend suggests the downtrend remains strong. However, there is potential for a recovery if selling pressure weakens and the price stabilizes or reverses. VIRTUAL's price is currently trading within a range, and breaking resistance at $1.99 could indicate a stronger uptrend. On the other hand, failing support at $1.77 could extend the downtrend, with $1.35 as the next major level to watch.



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