Walrus price prediction: Further downside risk looms? WAL slips below $0.073

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Walrus slides 7.99% to $0.0727 today

Highlights

WAL trades below key moving averages, reinforcing clear bearish momentum across short, medium, and long-term timeframes.
Multiple technical indicators, including MACD and RSI, signal strong seller dominance and ongoing downward pressure despite oversold conditions.
Expected range for WAL is $0.0700–$0.0750 next week, with a decisive break below $0.0700 likely accelerating further declines.

Seller exhaustion emerges amid persistent downside pressure

Bearish signals are evident, with the current WAL price below all major moving averages. Resistance is seen at the Ichimoku Kijun ($0.0872), while technical indicators show bearish momentum: the MACD signals a strong sell, ADX indicates a mild upward bias on D1 but a weakening trend on longer timeframes, and RSI is declining within sell territory at 44.4. Stoch RSI and CCI point to oversold or neutral conditions, signifying seller exhaustion, while BBP gives a marginal buy signal — not enough to offset ongoing seller dominance. AO is slightly positive, reflecting limited buyer efforts, but intraday movement has been dominated by sellers, with price declining sharply and closing near the session lows amid high volatility.

Downside favored as weekly bearish signals drive risk

A short-term range for WAL is projected at $0.0700 – $0.0750, reflecting typical volatility relative to current levels. The probability of a price increase remains low (less than 20%), with further declines favored based on uniformly bearish weekly indicators such as RSI, ADX, and MACD, alongside missing neutral weekly moving averages. The base case expects sideways consolidation within this band. A decisive break above the Kijun resistance ($0.0872) would be required for a bullish reversal, whereas a drop below $0.0700 would confirm additional downside risk.

Anton Kharitonov, expert at Traders Union, sees clear technical weakness in Walrus (WAL). All major indicators point to seller dominance, and there is no news to change the prevailing bearish sentiment. He maintains a defensive view until key resistance at $0.0872 is broken. "For now, sideways consolidation or further declines toward $0.0700 remain the most likely outcomes."

Earlier, analysts noted that Walrus was exhibiting mixed momentum signals but retained an overall cautious, bearish outlook due to persistent downside pressure. The latest, more pronounced declines and uniform bearish momentum across all major timeframes now reinforce the downside scenario, putting increased focus on the $0.0700 support as the level to watch for potential further losses.

Source of Data: WAL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.