This video provides a professional Elliott Wave and technical analysis of VIRTUAL (Virtuals Protocol), examining its price structure, key support and resistance zones, and both bullish and bearish scenarios. The goal is to help viewers understand the coin´s current position within the broader crypto
1 extracted signal · 0 resolved · 0 still active
More Crypto Online08 Dec 2025, 01:47 UTC
AI-generated source summary
The analysis focuses on Virtuals Protocol, identifying the completion of a corrective phase following an initial upward movement. The current price action is interpreted as the final stages of a C-wave correction, which has fulfilled its Fibonacci extension targets, specifically within the 1.01799 to 0.75680 range. Significant micro support levels are established between 0.92575 and 0.43690, with the 0.74344 level noted as a critical support point. Although a local double bottom is observed, its reliability as a sustained reversal signal is questioned based on typical market behavior. Given that the C-wave's price targets have been achieved, the technical structure indicates an impending market reversal. For a strong confirmation of this bullish shift, a clear breakout above the November high at 1.05 is required. Upon confirmation, a substantial bullish impulse is projected, with a long-term target for the larger Wave (v) set at 10.12. This bullish analysis would be invalidated if the price drops below the critical support at 0.40, which is below the 78.60% Fibonacci retracement level of the preceding advance.
AI-generated summary based on the source content.
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