- WLFI is trading close to $0.17 and has remained range-bound in recent sessions.
- Technical indicators show limited momentum, with no clear short-term direction yet.
World Liberty Financial (WLFI) has been the focus of several developments recently, with both product progress and community debates shaping market sentiment. Last week the project launched its first web application, World Liberty Markets, expanding utility for its USD1 stablecoin and marking a step in its broader roadmap. At the same time, governance decisions have drawn criticism after insider-heavy wallets influenced voting outcomes on a USD1 growth proposal, prompting discussion among holders about transparency and token distribution.
Meanwhile, the WLFI token has been trading in a narrow range. On the price front, WLFI is trading near $0.168, with a market cap of $4.5 billion. The current sideways movement follows a period where the token saw both sharp declines and short-term gains as it climbed over 6.4% in the past 24 hours with an intraday high of $0.1723.
WLFI Technical Setup Remains Range-Bound
Looking at the daily chart, WLFI is holding close to its 9-day and 21-day moving averages, which are currently placed near $0.169 and $0.168. The price staying near these averages indicates short-term balance between buyers and sellers. There is no strong bullish crossover yet, but downside pressure also appears limited as long as WLFI remains above this zone.
The RSI sits around 56, which keeps it comfortably in neutral territory. This suggests buying interest has improved compared to earlier weeks, but momentum is not strong enough to signal overbought conditions. The RSI cooling slightly from recent highs points to consolidation rather than a trend reversal.
Zooming in, the MACD, the histogram has started to flatten, while the MACD and signal lines are running close to each other. This reflects slowing momentum after the recent upside move, often seen when price pauses to build a base. On the other side the ADX reading near 30 indicates that a trend exists, but it is not accelerating. This aligns with the current price structure, where WLFI is forming higher lows but struggling to break decisively higher.
With this, WLFI appears to be forming a base after its previous swings, with support near $0.16 and resistance around $0.18–$0.19. The lack of a decisive breakout or breakdown suggests range-bound action for now.
In the short term, WLFI’s price direction may continue to depend on how recent project developments and community sentiment influence trading activity, as well as broader market conditions.
Source: https://thenewscrypto.com/wlfi-price-holds-around-0-1686-after-recent-sideways-movement/
