Wormhole crypto falls to $0.0138 – Why bulls face THESE downside risks

Share

Wormhole (W) has experienced heavy volatility over the past two weeks, rising 109.78% from $0.0151 to $0.0317 before retreating to $0.0138. Its price structure remains bullish as long as the token holds above the key $0.0129 level. A daily close below that threshold would signal a return to a bearish trend and could indicate that the recent rally was a liquidity grab designed to let holders take profits. Both the OBV and RSI are now leaning bearish after the sharp correction. The $0.0120-$0.0125 and $0.0161-$0.0177 zones are the next key levels to monitor for demand and resistance.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items