Top Crypto Predictions: Floki, Virtuals Protocol, and Monero Set to Soar

Cryptocurrency values began the week robustly, with their total market capitalization climbing by about 2% to just under $3 trillion. Bitcoin continues to hover beneath the $95,000 barrier, whereas Solana, Cardano, and Monero are showing strength. The piece ahead offers predictions for leading digital currencies such as Floki (FLOKI), Virtuals Protocol (VIRTUAL), and Monero (XMR).

Floki price analysis

Floki stands out as a leading figure in the world of meme coins. Similar to Shiba Inu, the creators have spent recent years striving to set it apart from other meme coins that often fail to offer practical use.

They introduced Valhalla, a play-to-earn NFT-based metaverse platform, along with FlokiFi, which operates as a decentralized financial system. More recently, they debuted TokenFi, an integrated RWA tokenization initiative where its token saw a surge of 60% within the past day, propelling its market capitalization above $60 million.

The Floki price has rebounded over the last several weeks. Having reached a low of $0.00004615 earlier this month, it surged to $0.00008725 today. The coin has surpassed its 50-day moving average, indicating increasing momentum. Additionally, the Average Directional Index (ADX) climbed to 32, suggesting that the current trend is gaining strength.

The continuous recovery occurred following the formation of a double-bottom pattern at $0.00004615. Prior to this, it had created a large descending wedge pattern.

Floki is nearing an important resistance level at $0.00009627, marking the lowest swing from August 5. If it breaks through this barrier, it would indicate that buyers are dominant, leading to further increases. The subsequent target to keep an eye on is the psychological threshold of $0.0001, representing a rise of about 15% from where it stands currently.

Virtuals Protocol price forecast

Virtuals Protocol ,a leading AI agent token generator, has performed admirably over the last several days. Its token value climbed from a low of $0.5310 to reach an important resistance level at $1.50, marking its peak since February 5th.

The VIRTUAL price has increased significantly as many tokens within the ecosystem experienced growth. Notable performers included VaderAI (VADER), GAME (GAME), Ava AI (AVA), Ribbita (TIBBIR), and aixbt. These tokens have risen by more than 50% in recent days. This upward movement should aid in increasing its fees, which had previously declined over the past several months. generated $3.65 million in January, a number that has decreased to merely $132k.

The daily chart indicates that the VIRTUAL price reached a low of $0.5300 last week and has since surged to $1.50. This increase has surpassed the breakout level at $0.8500. Additionally, the coin has risen above the 50-day moving average, with the ADX index climbing close to 40. Given these developments, the VIRTUAL price is expected to continue its upward trajectory as buyers aim for the significant milestone of $2.0.

Monero price technical analysis

Monero, a leading figure in the privacy sector, created a bullish pattern this week when it was utilized for money laundering purposes. stolen Bitcoins It surged to a peak of $355.6, marking its highest point since May 2021. This price aligns with the 61.80% Fibonacci Retracement level on the weekly chart.

Monero has surpassed a significant resistance level at $244.41. Additionally, it broke through another key resistance level at $185, which marks the peak of the largest fluctuation during 2023 and 2024. Notably, this price point aligns with the 23.6% retracement level.

Therefore, the Monero coin is likely to continue rising in the near term. If this happens, the next point to watch will be at $300. A drop below the support at $200 will invalidate the bullish outlook.

The post Leading cryptocurrency forecasts: Floki, Virtuals Protocol, Monero appeared first on Cryptonesia