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.
$W Very clean price action. After the range retake we retested it as support and now getting close to that range high.
This has been the main initial target for some time and I’m glad this rally has been so strong.
Will be a key are around that $0.1-$0.11 region. If broken it… https://t.co/QIWMf3NIcB pic.twitter.com/YH4qpWNy6h
— Daan Crypto Trades (@DaanCrypto) July 22, 2025
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.

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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