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The cryptocurrency market is experiencing positive momentum, and one altcoin, Virtual Protocol (VIRTUAL), is starting to display signs of a bullish breakout. A bullish Cypher harmonic pattern is currently in formation for VIRTUAL, which, if confirmed, could signal a significant upward price movement.
A bullish Cypher harmonic pattern typically indicates a strong potential reversal from a downtrend to an uptrend, signaling a buying opportunity and potential growth. This pattern consists of specific Fibonacci level retracements that imply a price rally after reaching the D point.
The CD leg of the bullish Cypher harmonic pattern for VIRTUAL is gaining speed, and the cryptocurrency is currently testing the 200-day moving average at $1.3424. If the price holds above this level, it could be a positive sign for the bullish scenario. However, if VIRTUAL drops below $1.13, it could challenge the bullish scenario and trigger a more significant correction.
The chart analysis of VIRTUAL highlights a promising bounce, but technical confirmation will be crucial to turn this signal into a genuine investment opportunity in the crypto market. According to harmonic trading principles, a clear and confirmed break above $1.13 with solid volume could propel VIRTUAL to the Potential Reversal Zone (PRZ) between $2.2759 and $2.5876.
The long-term outlook for VIRTUAL remains positive. According to Changelly, the VIRTUAL price might fluctuate around $1.46 in late 2025, with a minimum around $1.22 to $1.33 during the summer and fall months. The long-term forecast for 2030 is much more optimistic, with possible highs around $10.27 and an average price of about $8.77.
However, shorter-term forecasts show mixed signals. CoinCodex presents a potential price drop to around $0.90 by December 2025, despite a current price near $1.19, with bearish sentiment and a 14.99% volatility rate. On the other hand, Margex provides a more bullish near-term forecast, expecting VIRTUAL's price to trade between $1.53 and $2.08 in August 2025.
Investors interested in buying VIRTUAL can do so on Bitget. A guide to getting VIRTUAL on Bitget is available, offering steps to create an account, deposit funds, and buy VIRTUAL using the Spot Market or Quick Buy section. Users can deposit fiat currencies (EUR, USD, etc.) via credit card or SEPA transfer, or transfer cryptocurrencies on Bitget.
While a bullish Cypher harmonic pattern suggests potential for upward price movement and growth for VIRTUAL, currently available forecasts show mixed near-term signals. Confirming this pattern with additional indicators like volume, RSI, and SMA levels is essential. Longer-term projections remain significantly bullish, indicating solid growth potential beyond 2025.
The potential upward price movement for Virtual Protocol (VIRTUAL) could be an opportunity for investors interested in growing their finances through cryptocurrency investing, given the bullish Cypher harmonic pattern forming. If the pattern confirms and the price holds above the 200-day moving average, it might propel VIRTUAL towards technology-driven advancements, as predicted by some longer-term forecasts. However, short-term predictions show mixed signals, so it's crucial to keep an eye on additional indicators before making an investing decision.
