World Liberty Financial (WLFI) Rockets 33%: Is a Full-Blown Bull Run Ahead?
- World Liberty Financial is on a 33% rally, currently trading at $0.16.
- The daily trading volume of WLFI has skyrocketed by over 665%.
As of 10 November, the crypto assets woke up to the bullish ring with a 5.03% surge in the market. All the major assets are charted in green, seeking to reclaim the recent highs, including Bitcoin (BTC) and Ethereum (ETH). Meanwhile, World Liberty Financial (WLFI) followed suit, registering a solid and steady 33.15% jump in value in the last 24 hours.
The asset opened the day trading at a low of $0.1199, and with the bullish encounter in the WLFI market, the price rose to a high of $0.1681. To confirm the bullish pressure, a series of resistance levels were tested and broken between $0.1207 and $0.1674. Notably, if the uptrend holds, the asset could see additional gains.
At press time, World Liberty Financial traded at around the $0.1600 zone, with its market cap resting at $3.88 billion. Besides, the daily trading volume has exploded by over 665%, reaching the $637.65 million mark. The Coinglass data has reported that the market has observed a 24-hour liquidation of $2.89 million worth of WLFI.
Will the World Liberty Financial Bulls Keep the Fuel Flowing?
The price chart of World Liberty Financial reveals the bullish pressure, and the price might test the $0.1612 resistance. The golden cross could take place with the bulls gaining more strength. Gradually, the price may move up toward $0.1625. Upon a bearish reversal in the WLFI market, the price is expected to fall to support at around $0.1589. With an extended downside correction, the death cross might emerge and likely drive the asset’s price below the $0.1575 range.
World Liberty Financial’s MACD line has moved above the signal line, which indicates a bullish signal. This can be a sign that the asset’s price could continue rising, reflecting growing strength in upward momentum. In addition, the CMF indicator of WLFI at 0.23 suggests strong buying pressure. With the value holding above zero, capital continues to move into the asset. The higher the value, the stronger the bullish momentum and confidence in the market.
The RSI value of 77.12 signals WLFI’s overbought condition. The buying momentum has been strong, and there is also a sign that a pullback or correction could occur unless strong bullish sentiment continues. World Liberty Financial’s BBP value of 0.0459 implies that the bulls are slightly dominant in the market. However, the number is relatively small, so the strength of the uptrend remains limited and could shift quickly.
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World Liberty Financial (WLFI) Rockets 33%: Is a Full-Blown Bull Run Ahead?
- World Liberty Financial is on a 33% rally, currently trading at $0.16.
- The daily trading volume of WLFI has skyrocketed by over 665%.
As of 10 November, the crypto assets woke up to the bullish ring with a 5.03% surge in the market. All the major assets are charted in green, seeking to reclaim the recent highs, including Bitcoin (BTC) and Ethereum (ETH). Meanwhile, World Liberty Financial (WLFI) followed suit, registering a solid and steady 33.15% jump in value in the last 24 hours.
The asset opened the day trading at a low of $0.1199, and with the bullish encounter in the WLFI market, the price rose to a high of $0.1681. To confirm the bullish pressure, a series of resistance levels were tested and broken between $0.1207 and $0.1674. Notably, if the uptrend holds, the asset could see additional gains.
At press time, World Liberty Financial traded at around the $0.1600 zone, with its market cap resting at $3.88 billion. Besides, the daily trading volume has exploded by over 665%, reaching the $637.65 million mark. The Coinglass data has reported that the market has observed a 24-hour liquidation of $2.89 million worth of WLFI.
Will the World Liberty Financial Bulls Keep the Fuel Flowing?
The price chart of World Liberty Financial reveals the bullish pressure, and the price might test the $0.1612 resistance. The golden cross could take place with the bulls gaining more strength. Gradually, the price may move up toward $0.1625. Upon a bearish reversal in the WLFI market, the price is expected to fall to support at around $0.1589. With an extended downside correction, the death cross might emerge and likely drive the asset’s price below the $0.1575 range.
World Liberty Financial’s MACD line has moved above the signal line, which indicates a bullish signal. This can be a sign that the asset’s price could continue rising, reflecting growing strength in upward momentum. In addition, the CMF indicator of WLFI at 0.23 suggests strong buying pressure. With the value holding above zero, capital continues to move into the asset. The higher the value, the stronger the bullish momentum and confidence in the market.
The RSI value of 77.12 signals WLFI’s overbought condition. The buying momentum has been strong, and there is also a sign that a pullback or correction could occur unless strong bullish sentiment continues. World Liberty Financial’s BBP value of 0.0459 implies that the bulls are slightly dominant in the market. However, the number is relatively small, so the strength of the uptrend remains limited and could shift quickly.
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