Wormhole Price Prediction: W Soars 9% As This Layer-2 PEPE ICO Zooms Past $17 Million
The Wormhole price rallied over 9% in the last 24 hours to trade at $0.3457 as of 11:31 p.m. EST as an investor frenzy erupts around the altcoin. Along with the recent surge, the W price is also in the green on the longer time frames with a 35% pump over the last 7 days a 64% jump over the past month. The Wormhole Price Up Against A Tough Barrier 4-hour chart for W/USDT (Source: TradingView ) The Wormhole price is being held back by a negative trend line on its 4-hour chart. This comes after the altcoin lost the support at $0.3760 after briefly breaking above this mark in the last 24 hours. Now, W stands the risk of testing the $0.3205 price point within the next few hours. A break below this level could lead to the crypto dropping to as low as $0.28. On the other hand, buyers identifying the altcoin’s current levels as a buy opportunity might invalidate the bearish thesis. In this alternative scenario, the Wormhole price could attempt a challenge at the aforementioned des...