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加密貨幣新聞文章

The Virtuals Protocol price plunged 12% in the last 24 hours to trade at $1.43

2025/05/07 11:55

The Virtuals Protocol price plunged 12% in the last 24 hours to trade at $1.43

The Virtuals Protocol price dropped 12% in the last 24 hours to trade at $1.43 as of 10:18 p.m. ET on Thursday.

Despite the strong pullback throughout the past trading session, the VIRTUAL price is still up more than 8% on the longer-term weekly time frame.

Virtuals Protocol Price Tries To Reclaim A Recently-Lost Support

4-hour chart VIRTUAL/USD (Source: GeckoTerminal)

The Virtuals Protocol price is attempting to overcome the resistance at $1.5211 after the crypto lost the support of this level in the last 24 hours, according to data from GeckoTerminal. Should the crypto recover to back above this price point, it could try to overcome the next barrier at $1.8054. In an extreme bullish case, VIRTUAL might even rise to as high as $2.0690.

However, a rejection from the $1.5211 mark within the next 24 hours could invalidate the bullish thesis. Traders might then offload more of their holdings in the altcoin on the market in this more bearish scenario. This potential sell pressure could result in a drop to the nearest support level at $1.2991.

Sellers Maintain Control Of The Virtuals Protocol Price

From a technical standpoint, indicators on VIRTUAL’s 4-hour chart warn a bearish scenario is more likely to play out in the short term. Short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) show the Virtuals Protocol price will have a tough task ahead if it wants to rise in the next 24 hours.

That’s as the 9 and 20 EMAs are positioned above the current Virtuals Protocol price. As such, these momentum indicators are acting as a dynamic resistance against the crypto’s price. They’re also strengthening the $1.5211 barrier.

Sellers also seem to have the upper hand on VIRTUAL’s charts. This is after RSI readings dropped from above 50 to the high 30s. The current value also suggests there is room for the Virtuals Protocol price to fall before it enters oversold territory. Additionally, the negative slope of the RSI line warns sellers have no intention of easing their pressure on the altcoin’s price.

While VIRTUAL tries to reclaim a key support level, investors are rushing to the MIND of Pepe (MIND) presale with time running out.

Several experts have stepped forward to give their bullish predictions for MIND. Among them is an analyst at the 99Bitcoins YouTube channel, which has over 725K subscribers. In a recent video, the analyst said MIND could soar 10X after its launch, which is just 24 days away.

The First AI Pepe To Hit The Market Soon

MIND of Pepe is a new AI token that aims to usher the meme coin sector into a new utility-focused era. Unlike the majority of other meme coins that came before it that are purely speculative plays, MIND introduces a cutting-edge AI model that is constantly on the lookout for new trends in the crypto space.

By plugging directly into social platforms such as X, Discord and others, MIND of Pepe’s AI is able to monitor chatter in the crypto space in real-time. If it detects a change in investor sentiment or spots a new developing trend, it shares its insights with MIND holders through exclusive, token-gated groups.

Apart from watching the crypto market for new trends, the AI agent can also actively influence the market narrative by engaging with influencers and other Web3 community members online.

One of the ways it takes advantage of this capability is through launching its own tokens.

The AI then hypes its cryptos up online, trades them, and reinvests any profits back into MIND. With each new token launch, the AI agent gives MIND holders the opportunity to buy in early, setting them up for potential parabolic gains if the tokens start to take off.

Investors won’t need to wait long to use MIND of Pepe’s AI agent. The team recently announced that the intelligent computer model will go live on X on May 10.

MIND of Pepe AI agent is coming to X — May 10th 🔥

We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on X on May 10th.

This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8

— MIND of Pepe (@MINDofPepe) April 23, 2025

Investors Rush To Buy MIND At Presale Prices

As MIND’s presale enters its final stage, investors are rushing to buy the meme coin at this ground level

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