VIRTUAL Surges 23% After Channel Break — Can $0.7168 Turn Support?

VIRTUAL3,39%
BTC1,28%
ETH0,9%
  • VIRTUAL broke above a 4H descending channel with a strong impulsive candle.

  • Price moved past the $0.7168 resistance, trading at $0.7186 near the range high.

  • $0.62 marks the breakout zone, while $0.5778 defines the 24-hour support floor.

Virtuals Protocol’s VIRTUAL token climbed sharply to $0.7186 after gaining 23.4% in 24 hours. The move followed a decisive breakout above a descending channel on the 4-hour chart. Notably, price also pushed beyond the listed $0.7168 resistance level during the session.

Against Bitcoin, VIRTUAL is trading at 0.00001096 BTC, which is a 19.1% gain. In the meantime, it is at 0.0003752 ETH, which represents a 17.7 per cent rise. This is an overall strength which positions the asset at a high position within its 24-hour range, where the defined $0.5778.

Descending Channel Break on 4H Chart

The 4-hour chart shows a clear downward channel that guided prices lower over several sessions. Lower highs and lower lows shaped that structure. However, a strong bullish candle broke above the upper boundary of the channel. That impulsive move shifted short-term structure and expanded candle range.

$VIRTUAL Breaking Channel Resistance 🚀

VIRTUAL has broken above the descending channel on the 4H timeframe with a strong impulsive candle.

If price holds above the breakout zone around $0.62, continuation toward $0.70+ is likely. pic.twitter.com/FAPxg9ykRs

— CryptoPulse (@CryptoPulse_CRU) February 25, 2026

Additionally, the breakout candle closed well above the $0.62 area highlighted on the chart. This level now represents the immediate breakout zone. Therefore, traders monitor whether price sustains acceptance above this threshold.

Virtual Protocol Retests Resistance as Breakout Momentum Faces Key Validation Zone

Upon the breakout, price shot off at an upward direction towards the resistance of $0.7168, the quoted resistance within the 24 hours range. VIRTUAL slightly surpassed that being at $0.7186. This means that previous resistance is currently in a retest situation.

In case price consolidates at above or over $0.7168 it would be an indication of short-term strength. Nonetheless, denial around this area may lead to intra-day volatility. On the negative aspect, the 24-hour support is still at $0.5778. This level is the lower end of the recent range and it determines structural risk.

Intraday Scenarios Set the Tone for VIRTUAL’s Next Move

Should VIRTUAL maintain over $0.62 and level off at over $0.7168, the price can likely go into the 0.70+ zone again today. Further purchasing pressure would ensure that highs remain high in the 4-hour time frame.

On the other hand, any failure to break over $0.7168 can cause the formation of a pullback to 0.62. Further downtrend might challenge the support of a price range of $0.5778. In the meantime however, the momentum is defined by the breakout candidate with current levels marking the price movement today.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Is Injective (INJ) a Dead Coin or the Next 2800% Opportunity? Here’s What The Chart Is Saying

The Injective price has fallen sharply from its previous all-time high, leading some traders to question whether the project has lost its momentum.  However, a recent technical analysis shared by top analyst Crypto Patel suggests that the recent decline may actually represent a typical

CaptainAltcoin32m ago

CFX 4-hour chart reaches a new high for the phase, with approximately 14% increase over 24 hours

Gate News: On March 15, market data shows that CFX reached a new phase high on the 4-hour K-line chart, with prices touching approximately 0.06282 USDT at their peak, representing a 24-hour gain of around 14%. Some community members believe this rally may be related to recent macroeconomic catalysts. Earlier, media outlets citing sources reported that Iran is considering allowing certain tankers to pass through the Strait of Hormuz on the condition that petroleum transport be settled in Chinese yuan. Related discussions have once again sparked market attention toward yuan stablecoins and cross-border payment narratives.

GateNews1h ago

After the network upgrade: What prospects await SOL?

The official approval of protocol SIMD-0266 aims to optimize computing efficiency on the Solana network by introducing p-tokens, simplifying transaction processing. This upgrade, set for April, has prompted increased buying activity and could lead to significant cost reductions and performance improvements.

TapChiBitcoin2h ago

Track FET's journey to the $0.24 milestone as the AI cryptocurrency sector records its most positive trading week in months

The cryptocurrency industry related to AI has recently recorded an impressive performance. According to data from CoinMarketCap, the total market capitalization of this sector has grown 16% in just the past week. Many leading tokens in this category have also achieved significant growth, attracting

TapChiBitcoin3h ago

DeFi enters a "winter of yields": liquidity stagnation, leverage contraction, and the disappearance of arbitrage opportunities

Since September 2025, the DeFi market has entered a "interest rate winter," with the annualized deposit yields of mainstream stablecoins dropping to lows, and supply and demand imbalances causing excess liquidity. As borrowing demand declines, stablecoin lending rates have also decreased, and the reduced risk appetite in the crypto market has led investors to shift toward more stable assets. Some protocols, such as Sky, offer stable returns through real-world assets, but the overall trend still indicates a period of adjustment and structural reform in DeFi.

区块客3h ago

Crypto Analyst and Expert Says Bull Market Is Confirmed as Bitcoin Survives Shakeout

Crypto analyst and expert says bull market is confirmed.  Bitcoin survives a shakeout nd mirrors 2022 price chart.  This shows a positive sign for BTC to set a new ATH price soon. The crypto market seems to be heading into a strong recovery phase as the price of Bitcoin (BTC) recovers pr

CryptoNewsLand3h ago
Comment
0/400
No comments