Wormhole Price Prediction: W Plunges 11% as World’s First AR/VR Pre-sale Cost Reaches $4 Million

adminApril 5, 2024

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Wormhole price fell 11% in the last 24 hours Deal for $0.99 As of 1:12 a.m. EST, trading volume was down 57% to $734 million.

This was seen as traders staking Wormhole’s W tokens paired with JitoSOL in Solana’s Kamino liquidity pool, achieving weekly returns of up to 999%. Investors can easily earn over 3,300 W and 666 JTO.

$W Live from Kamino!
Over the next three months, W-JitoSOL depositors will receive:
– 225,000 $W
– 40,000 $UN
To kick off the launch, depositors will also receive 2x Kamino Points! pic.twitter.com/5slZVEzb8N
— Kamino (@KaminoFinance) April 3, 2024

Wormhole price is set to recover from the falling wedge.

After an incredible $850 million airdrop, Wormhole has been trading downwards within a descending wedge pattern.

Wormhole price chart analysis Source: Tradingview.com — WUSD Chart Analysis Source: Tradingview.com

The bears were able to apply more pressure and as a result the price fell below the important support zone of $1.0 and found support at $0.94. However, the W price uptrend is preparing for a trend reversal beyond the falling wedge as the price trades within the upper limit.

W is currently trading below its 50-day simple moving average (SMA), which supports a downtrend, but is showing positive signs as the price moves into that area of $1.05. If the price overcomes the 50-day SMA hurdle, W will show potential for further upside.

Additionally, the Relative Strength Index (RSI) is also bouncing back from oversold levels to the 50 mid-line, currently at 44, showing that traders are now buying as buying pressure intensifies.

Wormhole Price Prediction

Wormhole price analysis shows that W is currently in a downtrend, but there are signs of a reversal in the falling wedge pattern. The RSI is also rising, which shows that incoming buying could push the price higher, targeting $1.6, a 61% increase from the current price.

However, if the bears apply more pressure, the bulls may find support at the $0.85 level, which could act as a buffer against the downward pressure.

Meanwhile, you can consider diversifying your portfolio with 5thScape, the world’s first VR/AR crypto token.

5thScape: Big things for the next 10 years

Five Scape (5SCAPE) is the world’s first AR and VR ecosystem connecting the brightest talent. The developer plans to transform the gaming industry by combining blockchain technology and virtual reality (VR), becoming the world’s first AR/VR mixed reality crypto platform.

5thScape, a cutting-edge cryptocurrency project set to revolutionize augmented and virtual reality, offers investors the opportunity to dive into the future of immersive gaming.
It has plans for innovative VR hardware and a variety of games including Cage Conquest and Epic. pic.twitter.com/FaIicOGq3w
— 5th Scape (@5th_scape) March 23, 2024

The project’s ecosystem also aims to redefine the boundaries of gaming, education, and entertainment by providing a variety of experiences.

VR is the future. Learn how the University of National Horizons Center is using VR and MR.#VR pic.twitter.com/PKBVqVYUwf
— 5th Scape (@5th_scape) March 20, 2024

The team is working on a project that introduces adrenaline-pumping combat, precision archery, high-speed racing, and immersive sports. A variety of games already included in the plan include MMA Cage Contest, Thrust Hunter, and Archery Master.

The project’s innovative vision and potential to reimagine VR and AR have generated significant interest in the cryptocurrency community. its pre-sale We are currently in Stage 4 and have earned over $3.9 million as we move towards our goal of $5 million.

🚀 Pre-orders have surged beyond level 3!
🌐 Join us today and explore the world of virtual reality with multi-utility tokens.
🎉 Don’t miss the opportunity to join our vibrant community! #Imhawklash #Imhawklash #worm-hole #Cryptocurrency #5th scenery #Ticketing #Step 4 🌟 pic.twitter.com/QeznEVAvFJ
— 5th Scape (@5th_scape) April 4, 2024

99Bitcoins, a cryptocurrency YouTube channel with over 700,000 subscribers, suggests 5SCAPE is likely to surge 100x after launch.

The development team set to release 5SCAPE at $0.01. This means that if you buy now at $0.00285 per token, you can earn approximately 250% profit by the time of listing.

If you think $5SCAPE is a great opportunity you can’t miss, participate in the pre-sale by exchanging ETH, MATIC, USDT, and BNB for 5SCAPE tokens through your digital wallet. The official website is hereOr buy directly with your bank card.