VIRTUAL Breaks Descending Channel, Market Cap Surges to $700 Million
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Price Structure Shift: VIRTUAL successfully breaks above a long-standing descending channel, with a strong rebound from the 0.65 to 0.70 support area, indicating market recognition of its independent momentum and signaling a transition from consolidation to an active impulse phase.
- Significant Market Cap Growth: Market capitalization surged from $600 million to over $700 million, reflecting sustained inflows and increased market participation, suggesting growing investor confidence in the asset.
- Relative Strength Improvement: VIRTUAL outperformed Bitcoin during the price rally, indicating signs of capital rotation and further solidifying its independent position and appeal in the cryptocurrency market.
- Technical Indicators Support: Technical charts show the formation of higher highs and lows, creating a bullish market structure, and if consolidation above the former resistance level is maintained, it will further enhance trend stability.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
