Wormhole's price jumped 27% in 24 hours, driven by strong buying demand despite technical indicators signaling overbought conditions. The RSI hit 78, above the 70 threshold, and the price traded above the upper Bollinger Band, suggesting the rally may be stretched. Positive Spot Netflow shows buyers still support the rally, but liquidation levels below the current price could trigger forced selling if the price drops. Investors should watch for weakening demand that might lead to a pullback.
Wormhole (W) is trading at Rp292 on Pluang, showing a 16.32% increase as of Oct 08, 2026 19:17 WIB. Despite the strong rally, the platform data shows a higher sell order activity at 59%, compared to 41% buy orders. The market cap stands at Rp1.88 trillion, indicating significant investor interest during this period.
Wormhole (W) token surged more than 16% on October 8, reaching a high of $0.0184 amid positive net buying flows totaling nearly $800,000 over two days. Despite this strong rally, technical indicators like the Relative Strength Index (RSI) above 75 su...
On October 8, several altcoins showed strong gains even as Bitcoin and the broader cryptocurrency market declined. Meteora (MET) led the rally with a 60% increase, reaching $0.50. Other notable performers included Wormhole (W) up 17.8%, Algorand (ALG...
