World Liberty Financial (WLFI) is currently trading at $0.1842, representing a 1.11% increase over the last 24 hours. The trading volume has reduced by 50.56 percent to $975.23 million. In contrast, the market’s overall behavior is less vigorous, despite the fact that this has increased on a daily basis.
Source: CoinMarketCap
The WLFI coin has declined by 19.43% in the last week. The fall reflects the continuous pressure on the market and investor fear. The weekly performance is contrasted with the short-term increase in volatility.
Crypto analyst CryptoPulse highlighted that WLFI has lost its previous support area of $0.21 and $0.23 that has now become the resistance. This suggests that recovery of price is pegged on retrieval of this level. A position above $0.23 would indicate a reversal of momentum towards the bullish side.
The inability to overcome this resistance may lead to additional pressure on the downside. During weakening momentum, sellers might still target lower price levels. Buyers continue to find it difficult to regain control and protect existing positions.
Source: X
The WLFI Relative Strength Index (RSI) is 49.70, which is in close proximity to the midpoint of the scale. This level indicates that the asset is neither overbought nor oversold, reflecting market conditions that are neutral.
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Moving Average Convergence Divergence (MACD) is 0.0006, and the signal line is -0.0014. The histogram is -0.0008. These readings suggest low movement and the absence of confidence to anticipate changes in price.
Source: TradingView
According to CoinGlass data, the trading volume decreased by 44.81% to $4.20 billion. The market activity and weaker liquidity across the exchanges have resulted in the decline. While this has slowed down, there is still trading interest in the market.
Source: CoinGlass
The open interest rose by 8.11% to $828.44 million, indicating that more positions were being added. OI-weighted funding rate stands at 0.0057%. This shows a low positive bias but still not enough to avoid such a radical decrease in volume.
There is some relief provided by the short-term recovery, but the overall trend is still negative. WLFI still trades against resistance and declining liquidity. Until the main ranges recover, the perspective remains pessimistic. Technical and market data indicate continued pressure, and traders and investors remain cautious.
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