• VIRTUAL forms a bullish double bottom pattern, signaling a potential breakout toward the $2.00 mark.
• Crypto analyst Kamran Asgher confirms strong support between $0.0006 and $0.0007 as a solid base for reversal.
• Traders await confirmation of a breakout, as improving sentiment and technical strength place VIRTUAL in the recovery spotlight.

VIRTUAL is gaining increased interest as it draws near a big technical breakout after volatility spanning weeks across markets. The cryptocurrency has gained increased focus for traders and investors searching for comeback plays amid a recovering market. When bullish structure signs become clear, VIRTUAL may regain its upward move.

VIRTUAL is currently trading at $1.60 with a 24-hour trading volume of $533.02 million and a market cap of $1.64 billion. Despite a -8.27% down in 24 hours, the move is shaping up to establish a bullish technical pattern. A natural correction in a larger market that is consolidating is how a pullback is viewed.

VIRTUAL Forms Bullish Double Bottom

Well-known crypto analyst Kamran Asgher has pointed out a double bottom pattern being formed on VIRTUAL’s chart. This pattern is generally regarded as a good sign of bullish reversal if confirmed with a breakout from a level of resistance. According to Asgher’s view, the coin has made a solid base with strong support between $0.0006-$0.0007.

If the token manages to break out, surging past neckline resistance, it could release a powerful upward rally. This technical confirmation would allow for a change in momentum that would set up for elevated levels of pricing in the short to intermediate time frame. The double-bottom setup, with heavy volume support, gives credibility to this positive outcome.

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VIRTUAL Nears Breakout as Traders Eye Confirmation

Traders seek a sustainable level of price action along with a definitive breakout now as a confirmation sign. A breakout through the level of resistance will not only justify the pattern but also inject new optimism among market players. Sentiment is again improving; the coin could be back on an upswing.

The volatility of late has affected most altcoins negatively, but VIRTUAL’s robustness is now coming to the fore. Technical analysts’ rising interest and continued support around smaller levels are strengthening their bullish case. As conditions improve in the market, VIRTUAL’s time to capitalize on the trend is close.

In a market looking for strong recovery plays, the coin is increasingly in the spotlight as one of the top contenders. The convergence of positive technicals along with fresh investor demand may place the coin in the top spot for the next altcoin upleg.

Coming up soon for a critical inflection point is VIRTUAL, with the crypto world holding its collective breath for what it does next.

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