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Cryptocurrency News Articles
WIF Technical Signals Highlight Bullish Momentum
May 23, 2025 at 09:02 pm
With technical breakouts, high trading activity, and renewed momentum on both the daily and weekly charts. Investors are closely watching for signs of a larger trend
Investors are closely watching for signs of a larger trend shift that could shape World Innovation Foundation (WIF) token’s trajectory in a potential 2025 bull run.
What Happened: With technical breakouts, high trading activity, and renewed momentum on both the daily and weekly charts, investors are closely watching for signs of a larger trend shift that could shape WIF’s trajectory in a potential 2025 bull run.
CryptoInfos Charts recently spotlighted WIF’s price structure on the 1D (daily) timeframe, referring to the setup as “RANGE FOR THE BULLS.”
WIF broke out of a descending channel in early April and has since entered a defined consolidation phase, trading between approximately $0.95 and $1.30. This horizontal range follows a strong upward move and is often considered a bullish continuation pattern, indicating that the market is stabilizing before a potential move to the $2 target.
WIF is currently holding above its 20-day moving average, which has provided consistent support during the recent rally. This level remains a critical reference point for short-term trend validation. As long as the price stays above both the ascending trendline and the horizontal support at $0.95, technical conditions favor buyers.
A confirmed breakout above $1.30 could trigger a continuation toward $1.60 and eventually cross the $2 resistance level, with subsequent targets depending on volume and momentum.
In addition to the daily timeframe, a bullish triple bottom pattern has emerged on the 2-hour chart, as identified by analyst Crypto Joe. This setup, typically indicates a potential reversal of prior bearish sentiment. WIF has tested the $0.95–$1.00 support area multiple times and has since rebounded above short-term resistance.
A price target of $1.28 has been projected if the breakout confirms. As of now, WIF is trading around $1.14–$1.15, hovering near this pattern’s neckline. Momentum indicators suggest an improving outlook, but volume confirmation will be critical to sustaining any breakout.
See More: New Benzinga Content
Why Is World Innovation Foundation (WIF) Token Surging Today?
Despite Recent Rebound, Is World Innovation Foundation (WIF) Still a Buy in 2024?
What Is World Innovation Foundation (WIF) Token Used For & How to Buy It
What Is Being Said On Web3: Data from Brave New Coin shows that WIF has posted a strong 24-hour performance, climbing 15.52% to $1.13. Earlier in the session, the token dipped to nearly $0.95 before rising to a high above $1.15. The upward price movement indicates renewed buying interest, often associated with meme coins that experience rapid inflows during broader risk-on sentiment.
WIF’s trading volume has remained elevated, reaching $1.13 billion, nearly identical to its current market capitalization of $1.13 billion. Such a 1:1 ratio between volume and market cap is a notable indicator of active liquidity and high trading interest. This dynamic usually signals increased short-term participation from retail traders while potentially setting the stage for longer-term price discovery, should support levels hold.
The token ranks 96th by market capitalization, with approximately 999 million tokens in circulation. Its activity within the Solana ecosystem contributes to its visibility, especially among traders who focus on volatile assets with high social engagement. As long as volume levels remain stable or increase during bullish setups, WIF may continue to benefit from speculative momentum and the $2 mark.
On the weekly timeframe, WIF/USDT shows a shift in trend after a prolonged decline that bottomed near $0.30 earlier this year. Since that point, the asset has posted a series of higher weekly closes, signaling potential early-stage recovery. The most recent candle closed with a 7.76% gain at $1.152, reinforcing bullish momentum and suggesting sustained interest from market participants.
Credit: Benzinga
Despite this upward price movement, the Chaikin Money Flow (CMF) remains in negative territory at -0.18. This figure indicates that large-scale or institutional buyers have not yet entered the market with significant volume. However, the CMF is gradually improving, showing that capital outflows may be slowing. A continued move toward the zero line or into positive territory could strengthen the case for a sustained trend reversal.
From a price structure perspective, WIF is testing a prior resistance zone around $1.15-$1.20. A confirmed weekly close above this level would provide a technical signal for further upside, potentially opening the path toward the $2.00 region if bullish sentiment across the market persists. However, failure to hold support between $0.90 and $1
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