Virtual price hit the key level as a tokens like a game, Ribbita, Vaderai Soar

The price of Virtual protocol continued to grow on Tuesday, as most tokens in an ecosystem created by two-digit.

Virtual protocol (Virtual) The token rose for the second day in a row and hit the key resistance to the key to $ 1.5, the highest level of 5. February. He jumped for more than 240% of his lowest level this month.

The rally supported a permanent jump in most tokens in his ecosystem. Vaderai Token has increased by 37% on Tuesday, increasing their market capitalization at over $ 38 million.

Similarly, the Token ribbon jumped by 28%, while Ava AI, play, Luna, Iona and Aikcb in the last few days increased by over 50%.

This jump is likely to help increase their network fees after recent fall. Data In January, this virtual protocol made over $ 3.65 million as a flow and those of her ecosystem. This has changed in the last three months, and the protocol generates $ 381,000 in February, $ 156,000 in March and $ 146,000 in April.

The price of the Virtual protocol has increased as a futures open interest rose to $ 180 million, the highest level of 28. January. This represents a significant increase than the bottom of $ 31 million seen in March. The leap in the open interest is often a sign of growing demand in Futures Market.

Technical analysis of the virtual price

The eight-hour chart shows that virtually was in a strong bical trend over the last few days, jumping from low 0.4135 to $ 1.5.

The Virtual Protocol has switched over the 50-period moving average and now it is closer to a 23.6% indentation level. However, there are signs that the coin became very transmitted, with a relative strength index, raised at 82.

The average directional index moved to 64, indicating the strength of the trend force. The most likely scenario is pulling on $ 1 such as Bull running occupies breathing. An alternative scenario would see to jump with a coin above 23.6% of the Retragula point to $ 1,6125 and reaches a psychological level to $ 2.