While the crypto market faced uncertainty in April, VIRTUAL stood out by registering significant gains. The altcoin surged by 183% in the last month, defying the overall lackluster market performance.

With a 22% increase in the past 24 hours, VIRTUAL emerged as the top-performing cryptocurrency today. The ongoing institutional interest suggests that its rally may continue.

VIRTUAL's upward trajectory began on April 22, consistently setting new daily price records since then. The Smart Money Index (SMI) for VIRTUAL currently stands at 3.07, reflecting increased activity from institutional investors, also known as "smart money."

The rising SMI alongside VIRTUAL's price surge indicates growing confidence among major investors, fueling expectations for further price appreciation. Furthermore, the rising Chaikin Money Flow (CMF) at 0.25 underscores positive sentiment and capital inflows, supporting the likelihood of a continued uptrend for VIRTUAL in the near term.

The recent rally has positioned VIRTUAL within an ascending parallel channel, suggesting a bullish trend as long as the price remains within this pattern. A potential rise to $2.26 is feasible if demand remains strong within the channel. However, profit-taking activities could reverse this trend, causing VIRTUAL to lose recent gains, potentially dropping below $1.55 and descending towards $0.96.