Top 5 Virtual Decline Rankings, technical indicators continue to be bearish, trading volume hits a new low

2025-12-17 00:20:12

Abstract generation in progress

【Crypto World】VIRTUAL’s recent performance has indeed been less than optimistic. It has fallen over 10% in the past 24 hours, ranking fifth in decline among the top 100 coins by market cap, and has dropped 16% on the weekly chart. Technical signals are also unfavorable—price has broken below key moving averages, and the Ichimoku cloud is trending downward.

More importantly, the fundamental data warrants attention. Network activity continues to decline, and the number of active addresses has shrunk to 1.03 million, indicating a decline in market confidence. Trading volume is particularly concerning, dropping from about $1 billion in November last year to now $80 million, showing a significant contraction.

However, from an oversold perspective, the RSI indicator is already in the oversold zone, with potential support around . In the short term, liquidity is concentrated in the $0.72 to $0.80 range, which could impose some constraints on price movement. It is worth monitoring the market reaction within this price band.

VIRTUAL-1.24%

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BlockchainDecoder

· 12-19 20:10

From a technical perspective, the RSI oversold phenomenon is actually worth discussing; conclusions can only be drawn by referencing historical background data. Continuous outflow of coin-holding addresses precisely indicates what true "lack of confidence" looks like—something that cannot be recovered by a technical rebound. Can the support level at 0.70 hold? Research shows that under such extremely contracted trading volume, support levels are often unreliable. The trading volume hitting a new low is indeed a signal, but don't rush to sell; it depends on the intentions of the main players. Overall, the short-term technical outlook is indeed weak, but the real issue lies in the fundamental breakdown.

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LiquidityWhisperer

· 12-17 18:53

Falling again? I really can't hold on anymore... Even the addresses holding the coins are fleeing, and this volume shrinkage is just too outrageous.

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ShibaOnTheRun