{"id":455827,"date":"2024-12-30T19:30:26","date_gmt":"2024-12-30T14:00:26","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=455827"},"modified":"2024-12-30T15:13:25","modified_gmt":"2024-12-30T09:43:25","slug":"virtual-price-prediction-is-a-correction-already-underway","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/virtual-price-prediction-is-a-correction-already-underway\/","title":{"rendered":"VIRTUAL price prediction &#8211; Is a correction already underway?"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Data reveals that VIRTUAL\u2019s Open Interest has dropped by 18% in the past 24 hours.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Exchanges have witnessed an outflow of $4.80 million worth of VIRTUAL.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/predictions\/virtual-protocol-price-prediction\" target=\"_blank\" rel=\"noopener\">Virtual Protocol [VIRTUAL]<\/a> has been making waves amidst the ongoing market uncertainty due to its impressive performance. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, on the 30th of December, VIRTUAL, along with <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a>, <a href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" target=\"_blank\" rel=\"noopener\">Ethereum [ETH]<\/a>, and <a href=\"https:\/\/ambcrypto.com\/predictions\/ripple-price-prediction\" target=\"_blank\" rel=\"noopener\">XRP<\/a>, seems to be struggling to gain momentum, raising concerns about a potential price correction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking at the current market outlook, it appears that long-term holders are booking their profits after a notable 42% upside momentum in the past week, during which the price surged from $2.44 to $3.47. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">I<\/span><span style=\"font-weight: 400;\">t is crucial for investors to determine whether the price will stabilize at this level or if a potential decline may occur in the coming days.<\/span><\/p>\n<h2><b>VIRTUAL price prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to AMBCrypto\u2019s technical analysis, VIRTUAL has recently broken out of a small four-hour consolidation zone, which it formed near the $3.70 mark.<\/span><\/p>\n<figure id=\"attachment_455833\" aria-describedby=\"caption-attachment-455833\" style=\"width: 1792px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808.png\"><img decoding=\"async\" class=\"wp-image-455833 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808.png\" alt=\"Virtual price prediction \" width=\"1792\" height=\"758\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808.png 1792w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808-300x127.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808-1024x433.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808-768x325.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808-1536x650.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/VIRTUALUSDT_2024-12-30_13-57-00-e1735547281808-1200x508.png 1200w\" sizes=\"(max-width: 1792px) 100vw, 1792px\" \/><\/a><figcaption id=\"caption-attachment-455833\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><b>\u00a0<\/b><span style=\"font-weight: 400;\">Following this breakdown, the asset has lost one of its strong liquidation areas, which could support bears in driving the asset&#8217;s price down by another 7%, reaching the next support level at the $3.24 mark.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If VIRTUAL holds that level, a potential price rebound may occur. Otherwise, traders and investors could witness a further price decline to the $2.90 level in the future.<\/span><\/p>\n<h2><b>Mixed sentiments, on-chain\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">With this potential price decline and recent price drop, traders seemed hesitant to build new positions, as reported by the on-chain analytics firm Coinglass.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Data showed that VIRTUAL\u2019s Open Interest has dropped by 18% in the past 24 hours.<\/span><\/p>\n<figure id=\"attachment_455835\" aria-describedby=\"caption-attachment-455835\" style=\"width: 1708px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679.png\"><img decoding=\"async\" class=\"size-full wp-image-455835\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679.png\" alt=\"VIRTUAL's spot inflow\/outflow \" width=\"1708\" height=\"488\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679.png 1708w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679-300x86.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679-1024x293.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679-768x219.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679-1536x439.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/image-2024-12-30T135856.679-1200x343.png 1200w\" sizes=\"(max-width: 1708px) 100vw, 1708px\" \/><\/a><figcaption id=\"caption-attachment-455835\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Meanwhile, long-term holders were accumulating the asset, reflecting their confidence and interest.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Data from VIRTUAL&#8217;s spot inflow\/outflow revealed that exchanges witnessed a modest outflow of $4.80 million worth of VIRTUAL during the same period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In cryptocurrency, \u201coutflow\u201d refers to the movement of assets from exchanges to long-term holders&#8217; wallets, indicating potential accumulation and increased buying pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When combining all these on-chain metrics with the technical analysis, it appears that the asset is bearish on the shorter time frame, and a potential price correction may occur. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, on the longer time frame, investors remain bullish on the asset, which could drive the price higher in the future after a successful price correction.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/virtual-protocol-price-prediction\">Virtuals Protocol&#8217;s [VIRTUAL] Price Prediction<\/a> 2025\u20132026<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">At press time, VIRTUAL was trading near $3.46, after a price decline of over 6.45% in the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> During the same period, its trading volume increased by 3.5%, indicating rising participation from traders and investors compared to the previous day.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>VIRTUAL could witness a further price decline to the $2.90 level if it fails to hold the next support at the $3.24 mark.<\/p>\n","protected":false},"author":97,"featured_media":455840,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[6427],"class_list":["post-455827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>VIRTUAL price prediction Here\u2019s what the data says<\/title>\n<meta name=\"description\" content=\"It appears that VIRTUAL faces a price correction after a strong rally, but investor confidence remains high, suggesting a possible rebound.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/virtual-price-prediction-is-a-correction-already-underway\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"VIRTUAL price prediction - Is a correction already underway? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"VIRTUAL could witness a further price decline to the $2.90 level if it fails to hold the next support at the $3.24 mark.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/virtual-price-prediction-is-a-correction-already-underway\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-30T14:00:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/12\/Chandan-9_11zon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chandan Gupta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chandan Gupta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/virtual-price-prediction-is-a-correction-already-underway\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/virtual-price-prediction-is-a-correction-already-underway\\\/\"},\"author\":{\"name\":\"Chandan Gupta\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/867ebcdd8a8f0ccf1ee9692a9613986d\"},\"headline\":\"VIRTUAL price prediction &#8211; 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