Virtuals Protocol (VIRTUAL) gains momentum ahead of TOKEN2049 and could break resistance at $2.80

The cryptocurrency market continues to show signs of recovery, with altcoins today forming a golden cross for the first time in four years. This technical indicator is usually associated with long-term bullish trends.

While Bitcoin dominance stands at 63.6%, a rise in BTC often leads to an inflow of volumes into altcoins. However, with the Altcoin Season Index still at 17/100, the broader market has only just started waking up, suggesting that there is significant upside potential yet to come.

Virtuals Protocol (VIRTUAL)

The VIRTUAL price has rallied sharply, gaining over 137% in just one week. This move was mainly fueled by hype around its Genesis Launch and the upcoming TOKEN2049 Dubai panel appearance by its CEO.

Trading near its upper 24H range, it recently tested the $1.68 zone with massive volume exceeding half a billion dollars.

The VIRTUAL price is nearing a key resistance at $2.80, with minor support at $1.45. If the hype sustains, Virtuals could easily 2X from current levels of $1.63, especially if the event delivers any fresh announcements.

Akash Network (AKT)

Akash Network’s buzz is driven by it being the only decentralized platform offering on-demand access to Nvidia H100s, which has made it highly attractive to AI startups.

On the daily chart, the AKT token price recently broke through the $1.70 region, reclaiming the 9-day SMA at $1.32.

The RSI has surged to 75.39, placing the asset in overbought territory. If the price consolidates above $1.70, a push toward $2.40 and $3.80 remains well within reach.

Sui

Sui’s Total Value Locked (TVL) has reached an all-time high of $1.8 billion, driven by the success of lending platforms like Suilend and NAVI Lending, which collectively account for a significant portion of the network’s assets.

With a current price of $3.67 and psychological resistance at $4.50, it has climbed nearly 70% over the last 14 days, reflecting strong investor confidence.

This move is also noteworthy considering the recent integration of ChainGPT, an AI-powered chatbot, to provide direct assistance to users within the ecosystem.

The post Virtuals Protocol: Key Resistance at $2.80 as Hype Reaches TOKEN2049 appeared first on Token Center.