- WILDER WORLD Price Prediction concludes that the prices are in turmoil after a bullish rally
- WILD Price is lying on a critical support trendline
- WILD Crypto is 42% below its 52 Week high of $0.6400,
WILDER WORLD Price Prediction Highlights the correction phase of WILD Token, which has been falling down since June. WILD Crypto is trading at $0.3535. The Market is down 5.00% in the last 24H. The 24H volume witnessed a surge of 147.52%. The overall market cap of WILD Token is $85,814,695.
WILDER WORLD Price Prediction:A pause to extreme volatility
On the Daily timeframe, WILD Token appears to be getting correction from the recent bullish move of almost 150% . The rally which began in May took the WILD Coin to the resistance level of $0.60. A prior attempt to break this level was made in the month February. The correction has taken a toll of almost 45% so far.
WILDER WORLD Price Prediction shows that the price is following an ascending trendline. Prices are trading very close to the 200 EMA . It means the prices may move sideways in the short-term. Bulls must sustain above this trendline to continue its recovery. A breakdown may plunge prices by 30% to its lower support levels.
Critical support trendline : Technicals
A closer look at 4H concludes that WILD Price is losing its momentum. The prices are trading on the trendline and Bulls are fighting to sustain above it. Any breach may trigger a panic selling pressure and prices may slide lower. On the downside, WILD Token has a support level at $0.2862.
Wilder World Price has crossed the 200 EMA to the downside which may contribute to the sell pressure. If the market is to reverse, it may create a bullish hammer or An Engulfing candlestick which can push the prices higher. On the upside, WILD Price will have to overcome the resistance of $0.4146 to continue its recovery path.
RSI
The RSI indicator is currently at 28.89 on the 4H. Market is in oversold territory and prices are under risk of further downfall
MACD
MACD made a bearish crossover. The indicator is slowly drifting below the 0 line and may welcome some bearish action in the short-term.
200 EMA
As observed, on the 4hr, the prices are trading below the 200 EMA Which indicates that the sellers are in control. The market is prone towards a bearish price action
Conclusion
WILDER WORLD Price Prediction Highlights the correction phase of WILD Token, which has been falling down since June. Prices are trading at critical levels and exposed to the risk of a further downfall. Technical Indicators are slightly biased towards the downside. Investors are advised to stay cautious and maintain strict risk-management
Technical levels
Support Levels: $0.2862 – Support 1
$0.2434- Support 2
Current Price: $0.3535
Resistance Levels: $0.4146 – Resistance 1
$0.5317 – Resistance 2
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
