Venice Token (VVV) surged 22% to $32.22 over the past 24 hours, extending its recent bullish run. The rally coincides with capital flowing into AI-related tokens and the Base ecosystem. VVV’s trading volume nearly doubled to $146 million, confirming the breakout. The altcoin established a new all-time high after breaking above $29.45, with both retail traders and whales adding fresh orders. Futures average order size data shows whale orders flocking to the market. Broader AI-token rotation remains a key catalyst, with the next psychological target at $40. However, sharp daily gains raise the risk of profit-taking, and a sustained move below $29.45 could trigger a pullback toward $27.
Venice Token (VVV) extended its recent bullish run by recording a 22% surge to $32.22 over the past 24 hours. The altcoin’s rally coincides with the flow of capital into tokens related to artificial intelligence and the Base ecosystem.
VVV’s trading volume has almost doubled to $146 million, providing a strong liquidity backdrop for the price advance. This high trading volume amid the breakout indicates more market involvement under the bullish push, meaning momentum does not solely rely on thin liquidity.
VVV has established fresh all-time highs after breaking out above the $29.45 mark. Retail traders and whales are adding fresh orders, with recent Futures Average Orders Size data showing many whale orders flocking to the market at the current trading price.
The rally is under full support from both retail traders and institutional players, adding weight to the current bullish bias. Broader AI-token rotation remains an important catalyst for VVV’s current rally.
As long as capital continues flowing into the sector, VVV could maintain its bullish momentum. The psychological level at $40 stands out as the next target for the network’s bulls.
VVV’s price remains above all Exponential Moving Averages, suggesting momentum could persist. However, the sharp daily gain raises the risk of profit-taking.
While the likelihood is low, a sustained move below the $29.45 breakout level would weaken the current setup and potentially trigger a pullback toward $27.
