The price of WLFI, a small-capitalization cryptocurrency, rallied sharply on 28 August, according to market commentary circulating on social-media trading desks. Data cited by CryptoDotNews showed the token changing hands at about $1.00 during pre-market trading on the MEXC exchange, a steep jump from levels below 30 cents earlier in the day. Independent traders said WLFI had cleared technical resistance at $0.266 and $0.274 on the hourly chart before moving to roughly $0.318. They now see the next significant barrier near $0.38 to $0.40, suggesting scope for further near-term volatility. Formal market data and the project’s fundamentals were not immediately available, and the token remains thinly traded across major venues.
I don’t want to say I told you so… but I did. The only resistance between here and $0.40 is at $0.38. There is a fair chance we go there rather soon. $WLFI https://t.co/2GUYpEOOqQ https://t.co/KKNgsNRYr5
Told you $WLFI https://t.co/avsLD0Vt3R https://t.co/KKNgsNRYr5
15 mins and 4 hrs chart resistance has been broken 🚀 The squeeze didn’t start yet , $WLFI MOONING Goodluck folks WLFI 0.318 ALT5 8.33 https://t.co/QAfIyKk4no