Walrus (WAL) is trading at $0.0327 after falling 7.03% today, ending near its daily lows and remaining below its key moving averages.
0.0353
0.0406
Highlights
- WAL/USD faces persistent downward momentum, trading below key moving averages and encountering strong selling pressure across all timeframes.
- Momentum indicators signal oversold conditions with no bullish divergence, reinforcing a bearish outlook for the near term.
- Expected price action is sideways to lower within a $0.0309–$0.0356 range, with a high risk of further declines if support breaks.
Intense bearish momentum as technicals signal persistent selling
WAL/USD remains below the MA-20 at $0.0339, MA-50 at $0.035, and MA-200 at $0.0882. The Ichimoku Kijun lines up as immediate resistance at $0.034. Momentum indicators reflect ongoing weakness: the MACD is signaling Sell and the ADX trend is neutral. RSI is at 29.7 (Sell), with both Stoch RSI and CCI showing oversold levels. BBP points to sellers dominating intraday, while the Awesome Oscillator is neutral. These combined signals highlight strong intraday selling without bullish divergence.
Downside favored as narrow range caps upside risk
For the next 2 to 3 trading days, WAL/USD is likely to remain in a price band between $0.0309 and $0.0356. The probability of an upward breakout is very low, while a move lower is much more likely. Baseline expectation is for sideways action within the indicated range. Should price push above resistance at $0.034, a bullish scenario could develop; if it falls below $0.0309, further downside is confirmed.
Earlier, analysts noted that Walrus was under persistent downside pressure, with recovery attempts hampered by prevailing bearish sentiment. The latest momentum indicators reinforce this view and suggest that traders should remain alert for potential volatility if the price decisively breaches either $0.034 resistance or $0.0309 support in the coming days.
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
