Wormhole Crashed Below All time Low!
Wormhole took the biggest hit this week losing over 34.07%. The weakness in the broader market impacted the price severely causing it to break below all time low value of 0.54 on 11th June.
At the time of writing, the W crypto price was exchanging hands close to $0.455 recording a swift intraday gain of 1.12%. It is a leading interoperability platform which powers the multichain application and bridges at scale.
Currently, the wormhole crypto has dropped below the recent support of $0.50 and is showing no signs of recovery. The price may continue to fall until it reaches a strong demand zone.
As per the current price action, the short term as well as the long term trend has turned bearish which may drag the price towards south in the upcoming weeks until it is maintained below $0.50 level.
Wormhole took the biggest hit this week losing over 34.07%. The weakness in the broader market impacted the price severely causing it to break below all time low value of 0.54 on 11th June.
At the time of writing, the W crypto price was exchanging hands close to $0.455 recording a swift intraday gain of 1.12%. It is a leading interoperability platform which powers the multichain application and bridges at scale.
Currently, the wormhole crypto has dropped below the recent support of $0.50 and is showing no signs of recovery. The price may continue to fall until it reaches a strong demand zone.
As per the current price action, the short term as well as the long term trend has turned bearish which may drag the price towards south in the upcoming weeks until it is maintained below $0.50 level.