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July 22, 2025

Wormhole (W) Price Climbs Toward $0.10 As Bulls Reclaim Control Brenda Mary | usagoldmines.com

TLDR:

  • Wormhole reclaimed support at $0.065–$0.072, flipping range into bullish structure.
  • W trades near $0.094 after forming a rounded bottom and rallying 20% this week.
  • Resistance between $0.10 and $0.10870 now defines the next breakout zone.
  • Volume and structure favor bulls, but a dip to $0.08 is possible if rejected.

Wormhole’s price has staged a sharp comeback over the past few weeks, pushing toward the $0.10 mark. After carving out a bottom, buyers returned with conviction. 

The market reclaimed a critical range, flipped it to support, and hasn’t looked back. Now, the price hovers just below a major resistance band. Traders are watching to see if momentum carries it through or if rejection sparks a pullback.

Wormhole Support Reclaim Sparks New Momentum

According to chart insights shared by Daan Crypto Trades, Wormhole (W) formed a double bottom around $0.065. This pattern marked a shift in sentiment after weeks of ranging. The price then retook the $0.065–$0.072 zone, flipping it from resistance to support.

Volume picked up as the breakout unfolded. A rounded bottom structure followed, hinting at growing strength behind the move. Buyers didn’t wait; they pushed W past $0.09 within days.

As of the most recent chart update, W trades near $0.094. It’s testing the lower edge of a key resistance between $0.10 and $0.10870. This area has been the target for weeks, based on Daan Crypto’s earlier analysis.

If the rally clears this band, next up are the 100-day and 200-day exponential moving averages. These sit higher, around $0.119 and $0.129. However, if resistance holds, a dip back toward $0.08 remains possible.

Wormhole Buyers Hold the Line, for Now

Momentum still favors the upside. Since the June lows, the price has marched steadily upward, with few signs of exhaustion. A cleaner retest of support and strong follow-through suggest buyers are in control.

Daan noted that the $0.10–$0.11 range is “key.” Above that level, the path looks clearer for bulls. Below it, hesitation may creep back in.

Wormhole is currently priced at $0.09486 per CoinGecko. That’s a 6% dip in the past day, despite a 20.9% gain this week. Trading volume over the last 24 hours is just above $63 million.

The structure remains bullish above $0.08. But without a clean breakout, traders may grow cautious. For now, all eyes are on the $0.10 barrier.

Wormhole price on CoinGecko

The post Wormhole (W) Price Climbs Toward $0.10 As Bulls Reclaim Control appeared first on Blockonomi.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

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