Venice Token [VVV] has extended its recent bullish run by recording a 22% surge to $32.22 over the past 24 hours, at press time. Notably, the altcoin’s rally coincides with the flow of capital into tokens related to artificial intelligence (AI) and the Base ecosystem.
VVV volume confirms the breakout
At the same time, VVV’s trading volume has almost doubled to $146 million, providing a strong liquidity backdrop for the latest price advance.
This high trading volume amid the breakout in prices indicates that there is more market involvement under this bullish push. In other words, the momentum does not solely rely on thin liquidity.
Source: SantimentFurthermore, VVV is now establishing fresh all-time highs after breaking out above the $29.45 mark. Going hand in hand, retail traders and whales are adding fresh orders.
According to the recent Futures Average Orders Size data, many whale orders are flocking to the market at the current trading price. The rally is under full support from both retail traders and institutional players. That adds more weight to the current bullish bias. Buyers are likely to maintain their dominance in the short run.
Source: CryptoQuantCan AI momentum push VVV higher?
The 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 and hunt for the next liquidity zone. This time the psychological level at $40 stands out as the next target for the network’s bulls.
Notably, VVV’s price remains above all the Exponential Moving Averages (EMAs), suggesting that the 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.
Source: TradingViewFinal Summary
- VVV surges by 21.58% to $32.22 as capital rotated into AI-focused and Base ecosystem tokens.
- The network’s trading volume also jumped to $146 million, while VVV moved above $29.45 and entered price discovery.
