The price of Virtuals Protocol crypto has corrected by around 53% in the current month but has returned to a previous support level of $0.900. In the last two days, it has surged by approximately 40%, suggesting the presence of bulls at a lower level. The crypto is currently in a bearish trend and is oversold, making a temporary pullback towards the 200-day EMA possible. However, the 50-day EMA is far from the current price, which lowers the likelihood of a trend reversal. The next directional move will be clearer when buyers support the price to break the 200-day EMA level. The price is currently trading at $1.287 with an intraday surge of 24%, a 24-hour trading volume of $198.97 million, and a market cap of $827.9 million. Buyers defended the $0.9294 level in the previous session, indicating their activity and preparation for a rally. If the price remains above $0.900, short-term recovery to $1.4 is possible. Technical indicators show a mix of sell, neutral, and buying signals, indicating neutrality. Breaking the 200-day EMA hurdle is necessary for further progress.



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