VIRTUAL price surges 12%, testing major breakout level

VIRTUAL has jumped 12% to $1.88, breaking out of its July trading range as it tests key resistance near $2.00.

Virtuals Protocol (VIRTUAL) price has climbed 12% in the past 24 hours, currently trading at $1.88 — its highest daily close since late June, with the trading volume surging by 67%. This surge confirms a breakout from the consolidation range that held the token between $1.50 and $1.80 throughout much of July.

The price is now testing the upper boundary of a descending channel — currently near $1.90 — that has contained price action since mid-May. The channel appears to be the flag portion of a classic bull flag, a bullish continuation pattern. The flagpole was a sharp move from approximately $0.50 to $2.50.

If VIRTUAL price closes above the $1.90 on strong volume, it would confirm a technical breakout, opening the door to a potential move toward $2.50, which is 32%% from the current price point.

VIRTUAL’s bullish price action coincides with meaningful protocol progress, strengthening the case for continuation toward $2.50. Most notably, the protocol has recently expanded to Ethereum (ETH), and the first Genesis agent — IRIS, a real-time AI security agent powered by Nethermind’s AuditAgen — was deployed natively on Ethereum.

Additionally, Grayscale Investments has recently added VIRTUAL to its newly launched Artificial Intelligence Crypto Sector Index, which aims to track the sector’s top-performing assets.