VIRTUAL is currently standing out as one of the top-performing cryptocurrencies in the market. Despite a general sluggish trend in the broader market, it has experienced a notable 5% increase in price within the last 24 hours.

While other major assets have shown minor declines during the same period, the Virtual Protocol token is holding strong at a price of $1.78, indicating a relatively bullish performance.

Analysts suggest that there is renewed interest in VIRTUAL, as evidenced by technical indicators on the VIRTUAL/USD one-day chart. The Chaikin Money Flow (CMF) for VIRTUAL has crossed above the zero line and is trending upwards, indicating an influx of capital into the asset.

Moreover, the Super Trend indicator reinforces the bullish sentiment, offering support at $1.19 and confirming an upward market trend. This suggests that buyers are dominating the market and prices are likely to continue rising.

With positive momentum and indicators signaling a bullish trend, VIRTUAL aims to surpass the $2 mark as investors target a breakout above the key resistance level at $2.05. If successful, the token could reach a value of $2.26 in the short term.

However, there is a risk of a price correction if demand weakens and profit-taking increases, potentially causing VIRTUAL to retrace to $1.55.