The Virtuals Protocol price soared 21% in the last 24 hours to trade at $1.6207

The price of Virtuals Protocol (CRYPTO: VIRTUAL) surged 21% in the last 24 hours to trade at $1.6207 on Monday morning.

What Happened: The VIRTUAL Price on the daily chart shows a sharp upward price recovery following a prolonged downtrend that began after peaking near $5.27.

After bottoming out below the $0.40 mark in early 2025, the asset has shown a significant resurgence in April, breaking through multiple resistance levels, as GeckoTerminal data shows.

A rounded bottom formation appears to be developing, indicating a potential reversal from the prior bearish trend.

This bullish reversal is further confirmed as the Virtuals Protocol price recently broke above both the 50-day and 200-day SMAs, signaling renewed buyer interest and potential for sustained momentum.

Currently, VIRTUAL is trading at $1.6207, above its 50-day SMA ($0.7171) and 200-day SMA ($1.3612), which were previously acting as dynamic resistance levels.

The breach of the 0.786 Fibonacci retracement level ($1.1741) places the price of VIRTUAL in a strong uptrend phase.

The RSI stands at 84.95, indicating strong buying pressure. The MACD shows bullish momentum, with the blue MACD line (0.2263) above the orange signal line (0.1193), and both are in positive territory. A recent crossover of the signal line by the MACD line also reinforces the ongoing upward trend.

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What To Expect Next: The Fibonacci retracement levels provide potential resistance targets, with the next key level at 0.618 ($2.05) after successfully clearing 0.786. If the uptrend continues, traders may anticipate $2.05 and $2.66 (0.5 retracement level) as major resistance zones.

However, due to the extremely high RSI, a brief correction or consolidation around the $1.60-$1.75 range is possible before resuming upward movement.

Meanwhile, investors are turning to a meme coin called Fantasy Pepe (FEPE), which popular YouTuber, Nass Crypto, with over 1.08 million subscribers, says is the best token to buy now.

Fantasy Pepe Presale Closing On The $300K Milestone – Next Crypto To Explode?

Fantasy Pepe is a new meme coin that brings together meme culture, AI, and blockchain technology to create a unique platform for fantasy football enthusiasts and crypto lovers.

The project features AI-driven football matches between meme-themed teams such as Pepe United, with AI agents like ChatGPT and DeepSeek at the helm.

At its core, Fantasy Pepe enables users to place predictions using their FEPE tokens on 60-second matches between the meme-themed teams, forming a decentralized prediction market focused on transparency and fairness.

The unique twist is that Fantasy Pepe uses AI models to generate games in real-time with vivid text-based commentary.

Investors interested in participating in the presale can visit the official Fantasy Pepe website to buy FEPE tokens for $0.0321 each using BNB, ETH, USDT, USDC, or a bank card.

Other investors have taken advantage of the low prices, with the project now garnering over $244K in early-stage funding.

Fantasy Pepe also offers holders who stake FEPE a huge 1,222% APY.

Interested investors will want to buy FEPE before the next presale price hike in about 2 days to secure the best deal.

Visit the Fantasy Pepe website.

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This article was written by Benzinga's AI and reviewed by an editor.