WBT, the usefulness of the Crypto Exchange Whitebit, came to the fore today as the best-performing currency and the wider Bearish-market trend that was caused by the attack of Israel on Iran earlier today.
According to data from crypto.news, WhiteBit Coin (WBT) gathered for the third consecutive day and reached a new highest highlight of $ 34.3 on 13 June Asian times. From the moment of the press, the price has been set at $ 33.67 with a market capitalization of $ 4.85 billion, and ranks as the 33rd of the Top 100 cryptocurrencies per market capitalization.
WBT retained part of the winning wins when the wider cryptomarket faltered of the launch of Israel of a large military attack on Iran early in the morning on 13 June, in response to this Iran promised to take retaliation measures.
Bitcoin (BTC) fell approximately 5% to an intraday depot of $ 103.081, while large altcoins such as Ethereum (ETH), XRP (Solana) and Dogecoin (doge) (doge) (doge) (doge) (doo-LiFt) losses Tot Tota. $ 1.2 billion in one day.
Why is WBT meeting?
An important factor that stimulates WBT’s profit today is his announcement of a spot list for the home smoking, which drives the Defi app platform, while also Add a Home-Perp pair To his Futures section, more traders and boost the volume.
WBT also received investor’s interest as the exchange plagued An upcoming partnership with an unknown European football club.
Activity on the chain also supports the bullish sentiment. Displaying data shows a peak of 580% in daily active addresses, a strong sign that more users have interaction with the WhiteBit -Ecosystem.
In the meantime, Santiment reported a remarkable increase in whale recording, indicating that large holders buy WBT. This type of activities often means trust in the long -term potential of the token and can strengthen the price momentum during bullish phases.
At the time of the press, WBT had poured part of its profit, but still managed to retain in its position as the highest profit at the Top 100 cryptocurrencies, with Bullish Momentum that outweighs the wider sales pressure of the market.
WBT -Price analysis
On the 1-day USDT graph, WBT seems to be an increasing wig pattern since the beginning of May, usually a sign of increasing volatility within an upward trend.
The Aroon Up indicator is currently at 92.86%, while Aroon Down is 28.57%, which shows that Bullish Momentum is still in the game. The MacD lines also point up and contribute to the positive sentiment.
If the momentum applies, WBT could climb to the most important psychological level of $ 35. A clear outbreak above that would confirm the bullish pattern and encourage bulls to strive for $ 38, which marks a win of 13% of the current prices.
On the contrary, if the market risk sentiment weakened as a result of escalating macrospanning, the nearest level of support to look would be around $ 31, where traders came in earlier to buy the dip.
Publication: This article does not represent investment advice. The content and materials on this page are only for educational purposes.
