Market Overview: Virtuals Protocol/Tether (VIRTUALUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 8:39 pm ET1min read
VIRTUAL
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Aime RobotAime Summary

- VIRTUALUSDT formed bearish engulfing patterns at 0.9669, with volume spiking 400,000 during the breakdown.

- RSI hit oversold 29, while Bollinger Bands narrowed before a sharp decline below the lower band.

- 50-period MA crossed below price on 5-min chart, confirming short-term bearish momentum.

- Key 0.930-0.935 Fibonacci support and 0.925-0.927 levels indicate potential for further declines.

Summary
• Price formed bearish engulfing patterns after reaching 0.9669, indicating potential reversal.
• Volatility expanded in the overnight session, with volume spiking over 400,000 at 0.9395.
• RSI signaled oversold territory at 0.925, hinting at possible short-term rebound.
• 50-period MA on 5-min chart crossed below price, suggesting short-term bearish momentum.
• Bollinger Bands narrowed midday before a sharp break below the lower band.

Virtuals Protocol/Tether (VIRTUALUSDT) opened at 0.9578 on January 17, 2026 (12:00 ET–1), reached a high of 0.9669, and closed at 0.9279 on January 18 (12:00 ET), with a 24-hour low of 0.9124. Total volume traded 1,535,422.5 and turnover amounted to 1,395,858.90.

Structure & Formations


Price formed a bearish engulfing candle at 0.9669 during the overnight session, suggesting strong pressure to the downside. A series of bearish inside bars emerged after 22:30 ET, indicating consolidation ahead of a sharp decline. A doji appeared near 0.9312 in the early morning, hinting at indecision, but was followed by a breakdown to 0.9252.

Moving Averages


The 50-period and 20-period moving averages on the 5-min chart have both trended lower over the past 24 hours, currently below the 0.93–0.933 range. On the daily chart, the 50-period MA is approaching the 200-period MA, signaling a potential shift in medium-term momentum toward the bearish side.

MACD & RSI


MACD turned negative in the late morning and remains below the signal line, reinforcing bearish momentum. RSI touched 29 in the early hours, pointing to oversold conditions, but failed to generate a strong bounce. A potential rebound may appear if RSI crosses back above 35, but a continuation below 30 would suggest further downside.

Bollinger Bands


Bollinger Bands contracted between 03:45 and 05:00 ET before a sharp break to the downside, with price closing near the lower band. This contraction suggests a potential reversal, but price has yet to test the upper band, which currently sits around 0.94–0.945. A test of the midline at 0.93–0.935 may indicate a possible rebound.

Volume & Turnover


Volume spiked above 400,000 at 0.9395 during the overnight session, aligning with the breakdown. Turnover surged in tandem, confirming the move. However, volume has since declined, suggesting weakening conviction. A divergence between price and volume could hint at a potential exhaustion of the current bearish wave.

Fibonacci Retracements


The 61.8% retracement level of the overnight move is now near 0.930–0.935, a key area to watch for support. A break below the 38.2% level at 0.925–0.927 may signal further declines toward 0.915 or lower, depending on volume confirmation.

The pair appears to be consolidating near 0.9279 with a bearish bias intact. A close above 0.935 on the next 24 hours may signal a temporary rebound, but traders should remain cautious of further downside if volume fails to confirm any reversal.