Wild crypto is trading in bullish territory above major moving averages, showing bullish momentum. On the daily chart, the Wilder World cryptocurrency is moving higher and staying above the 50-day EMA.
Wilder World is a 3D Universe that is made of NFTs. It works with Zero.Space to create realistic and mixed reality worlds where users can explore, buy virtual land, and collect unique NFTs.
The price action suggests that the cryptocurrency is poised for a significant uptrend with a potential price increase in the coming sessions. Buyers are working hard to maintain these levels and show confidence in the crypto price upward direction.
In recent trading sessions, buyers have demonstrated their strength. They also continued buying and accumulating more cryptocurrencies to extend the trend.
Wilder World cryptocurrency indicates increased buyer activity in the market. Moreover, the price action is still making higher highs and higher lows on the charts, indicating that the cryptocurrency is bullish and has no intention of slowing down.
The chart structure shows that buyers are driving the trend and the cryptocurrency is gradually approaching the $0.36000000 mark, which it is likely to reach soon. Additionally, sellers found themselves in a defensive position after breaking multiple resistance levels above key moving averages with significant vertical gains over the last few trading sessions. Investors are showing strong intent to continue this upward trend.
At the time of publication, the Wilder World cryptocurrency was trading at $0.31913000 with an intraday increase of 3.32%, showing optimism on the chart. It also has a trading volume of $670.252K and a market capitalization of $83.116 Million.
Technical Analysis of Wilder World Crypto Price in 1-D Time Frame
Wilder World (USD: wild) is currently trading above its 50-day and 200-day exponential moving averages (EMAs), which support the price momentum.
The MACD line at 0.01262868 and the signal line at 0.01430580 are above the zero line. There is a bearish crossover in the MACD indicator, which highlights weak momentum in the price of the wild cryptocurrency.
The current RSI value is 60.77 points. The 14 SMA is above the center line at 58.66 points, highlighting the bullish nature of the Wilder World cryptocurrency.
Summary
Technical Oscillators of Wilder World (USD: wild) are supporting the bullish trend. MACD, RSI, and EMAs are giving positive signals, suggesting that the upward trend in the price of wild cryptocurrency may continue. Price action suggests that investors and traders are optimistic on a daily basis. Price movements reflect an optimistic outlook.
Technical Levels
- Support Levels: $0.28201446
- Resistance levels: $0.34282161
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
Source: https://www.thecoinrepublic.com/2023/11/25/wilder-world-crypto-will-wild-crypto-break-below-0-342/