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VIRTUAL Rallies Through Resistance — Can AI16Z Catch Up Following the Same Fractal?

VIRTUAL Rallies Through Resistance — Can AI16Z Catch Up Following the Same Fractal?

CoinsProbeCoinsProbe2025/04/29 16:11
By:Nilesh Hembade

Date: Tue, April 29, 2025 | 05:56 AM GMT

In the cryptocurrency market over the past three weeks, the price of ETH has surged by 27%, and major tokens are starting to show signs of recovery after enduring sharp corrections since the start of the year. Among them, Virtuals Protocol (VIRTUAL) has come into the spotlight with an impressive weekly gain of 159%, fueled by multiple resistance breakouts on the daily timeframe.

Meanwhile, the AI agent token ai16z (AI16Z) is also back on the green track with a 123% surge and is flashing a similar setup to VIRTUAL’s recent breakouts, suggesting that a short-term rally could be just around the corner.

VIRTUAL Rallies Through Resistance — Can AI16Z Catch Up Following the Same Fractal? image 0 Source: Coinmarketcap

AI16Z Mirrors VIRTUAL’s Fractal

As shown in the left chart ,VIRTUAL recently experienced a textbook bullish breakout. First, it surged past its 50-day moving average (MA) (highlighted with a circle), then cleanly broke through the blue-shaded resistance zone. This breakout triggered an aggressive rally straight into the green resistance zone, ultimately marking a 137% gain from the 50 MA breakout area.

VIRTUAL and AI16Z Chart Comparison//Coinsprobe (Source: Tradingview)

On the right side of the chart, AI16Z appears to be closely following the same trajectory. The token broke out above its 50-day MA just days ago, and has now surged to $0.30 — very similar to where VIRTUAL was before its bullish move.

If AI16Z continues to mirror VIRTUAL’s fractal path, the next key level to watch is the blue-shaded resistance zone near $0.4556, which would represent a 49% upside from its current price. A clean breakout above that level could propel AI16Z toward the green resistance zone around $0.5874, which is approximately 91% higher than current levels.

Supporting this bullish outlook, the MACD indicator for AI16Z has also flipped positive, showing increasing bullish momentum just like it did for VIRTUAL prior to its breakout.

What’s Ahead?

The next few daily closes will be critical for AI16Z. If it can breach and hold above near-term resistance, similar to VIRTUAL, then a parabolic rally may follow.

For now, both VIRTUAL and AI16Z are flashing strong bullish signals on the daily chart. If broader market conditions remain favorable, these two altcoins may continue to lead the charge in the current recovery phase. However, investors should stay alert — rapid gains often come with equally sharp corrections.

Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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