Key Takeaways:
The VVV token gained 17% in the last 24 hours to trade at $2.45 as of 18:00 UTC, positioning it for a potential test of its all-time high.
"We're seeing a healthy uptick in both spot and derivatives volume for VVV," said a lead analyst at CryptoQuant. "The order book shows strong bids down to the $2.30 level, suggesting traders are confident in the current trend."
The move was backed by a 45% increase in 24-hour trading volume to $150 million, according to CoinGecko data. On-chain data from Santiment shows a 22% increase in active addresses for VVV over the past week, indicating growing network participation. The token's relative strength index (RSI) has entered overbought territory at 78, which could signal a short-term pullback.
This rally in VVV comes as Bitcoin's dominance has fallen by 2% this week, even as the leading cryptocurrency holds the $69,000 level. The price action suggests that some traders may be rotating profits from Bitcoin and Ethereum into higher-beta altcoins like VVV in search of greater returns. The next major resistance for VVV is its previous all-time high of $2.60, set in December 2025.
This article is for informational purposes only and does not constitute investment advice.
