The crypto market woke up to a 4.52% slip, pushing the market cap toward $2.54 trillion. With the bearish presence, the majority of the digital tokens have chartedThe crypto market woke up to a 4.52% slip, pushing the market cap toward $2.54 trillion. With the bearish presence, the majority of the digital tokens have charted

From Surge to Struggle: World Liberty Financial (WLFI) Tests Market Nerves, Lift-Off or Letdown?

  • World Liberty Financial trades at $0.1258 following a 3% spike.
  • WLFI’s daily trading volume has increased by over 18%.

The crypto market woke up to a 4.52% slip, pushing the market cap toward $2.54 trillion. With the bearish presence, the majority of the digital tokens have charted in the red zone, including Bitcoin (BTC) and Ethereum (ETH), currently hovering at $75.3K and $2.1K. At the same time, World Liberty Financial (WLFI) recorded a 3.13% spike in value. 

In the early hours, the asset traded at a low of $0.1176, and with the brief bullish turn, the price rose to a high of $0.1352. As per CMC data, at the time of writing, World Liberty Financial trades at around $0.1258, and the daily trading volume has increased by over 18.8%, reaching the $299.85 million mark. 

The 4-hour trading pattern of World Liberty Financial clearly displays the bearish pressure. The price might retrace and test the support at around $0.1246. If the correction on the downside gains more traction, it could trigger the emergence of the death cross, sending the price below $0.1234.

Conversely, upon a bullish shift in the WLFI market, the price could move up to the immediate $0.1270 resistance. Further pressure on the upside might strengthen the bulls and initiate the formation of the golden cross. This would likely drive the asset’s price toward $0.1282 or even higher. 

Bearish Signals Emerge on World Liberty Financial’s Technical Charts

World Liberty Financial’s Moving Average Convergence Divergence (MACD) and the signal lines are found below the zero line, indicating a downtrend. It is trading below its longer-term average, and as long as they remain below zero, any short-term bounces are relief moves rather than trend reversals.

WLFI chart (Source: TradingView)

In addition, the Chaikin Money Flow (CMF) indicator positioned at -0.13 suggests significant capital outflow from the asset. The selling pressure is outweighing the buying interest in the WLFI market. With sustained negative readings, it confirms weak demand and bearish sentiment.

The current market sentiment of World Liberty Financial is approaching the oversold territory, with the daily Relative Strength Index staying at 33.03. This reflects strong bearish momentum, with the sellers in control. Also, the trend remains weak unless RSI starts moving back above key thresholds, like 40–50. 

Furthermore, WLFI’s Bull Bear Power (BBP) reading of -0.0042 shows slight bearish dominance. The ongoing momentum is weak rather than aggressive. Notably, if the value continues to stay below zero or moves further negative, the bears would reinforce the active downside pressure.

Top Updated Crypto News

Whale Wallet Accumulates ETH Amid Heavy Crypto Price Drops Led by BTC

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.