The W crypto (Wormhole) has been in a devastating fall and has been in a bearish trend, the chart showcases the bear's dominance strongly. Likewise, the W crypto chart showed this week's decline of -45.51% and this month's of -62.36% respectively.
However, the W crypto has revealed a sign of possible recovery coming soon on the daily chart, as the price showed sustenance gestures at a possible crucial support level of around $0.45500 on the chart.
W crypto may experience a significant surge from its current support level. This is because the bulls are ready to break through the resistance level and could soar to new heights from the current support zone.
Currently, W crypto is seeing an increase of 6.27% in the past 24 hours and is being traded at $0.5775 at this moment of writing.
Therefore, if the demand for the W price increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.9000 and $1.1600.
In case the price value of W crypto is unable to remain above the level of $0.45500, it may experience a further decrease.
However, the W crypto has revealed a sign of possible recovery coming soon on the daily chart, as the price showed sustenance gestures at a possible crucial support level of around $0.45500 on the chart.
W crypto may experience a significant surge from its current support level. This is because the bulls are ready to break through the resistance level and could soar to new heights from the current support zone.
Currently, W crypto is seeing an increase of 6.27% in the past 24 hours and is being traded at $0.5775 at this moment of writing.
Therefore, if the demand for the W price increases from the current support, it could bounce back remarkably. The next target for the price could be to reach $0.9000 and $1.1600.
In case the price value of W crypto is unable to remain above the level of $0.45500, it may experience a further decrease.