WBT

Markets often react to major events, whether political statements or high-profile initiatives in the crypto industry. For instance, the impact of Donald Trump’s economic policies and regulatory decisions on asset prices and the market capitalization of crypto exchanges has been widely discussed - https://coinmarketcap.com/community/articles/67add512ef90f1641d6a46b4/In particular, market volatility following such developments has led to a decline in the market value of leading crypto exchanges. However, beyond global factors, internal ecosystem growth drivers also play a crucial role.One such trigger could be the International Crypto Trading Championship (ICTC)—WhiteBIT’s trading tournament, which will be the first-ever global live-streamed trading competition.What does this mean for WhiteBIT Coin?Increased platform activity → higher demand for internal assets.Greater trader engagement → potential impact on trading volumes and liquidity.Media exposure of the event → attracting global attention to the WhiteBIT ecosystem.Currently, WBT is trading at $29.20 (-0.26% over the past 24 hours), down 6.29% from its ATH of $31.16. However, given the growing interest in the platform and the impact of market supply dynamics, this tournament could act as a catalyst for reassessing current price levels. If exchange activity intensifies, it’s reasonable to expect that WBT could retest its ATH zone or even break through it.Whether this scenario plays out remains to be seen. But one thing is certain—ICTC will be a key indicator of WBT’s momentum and overall market sentiment. 🔥What are your thoughts? Will this tournament give WBT a new boost?

The cryptocurrency market has seen its fair share of volatility recently, but WhiteBIT Coin (WBT) has emerged as a standout performer, reflecting both resilience and growing investor confidence. WBT has successfully held a critical level at $22, indicating strong buying interest in this range. This foundation suggests that investors view the current price as favorable for accumulation. Conversely, a significant support level looms at $18.67.RSI, currently sitting above 70, signals robust buying pressure, traditionally viewed as an overbought condition. However, in bullish phases, an RSI above 70 often reflects sustained momentum rather than an impending correction. This suggests the potential for WBT to continue its upward trend, especially if trading volume remains strong.In addition to technical indicators, the rapid growth of WBT’s market capitalization underscores its increasing prominence. Over the past month, WBT's market cap has surged from $2.3 billion to $3.2 billion—a remarkable 40% increase. This growth not only highlights a surge in investor interest but also strengthens WBT's position as a significant player in the crypto ecosystem.WBT’s performance illustrates the power of robust support levels, growing market capitalization, and sustained buying pressure. While risks inherent to crypto trading remain, WBT’s current trajectory offers a compelling narrative for short- and medium-term gains.

The cryptocurrency market has seen its fair share of volatility recently, but WhiteBIT Coin (WBT) has emerged as a standout performer, reflecting both resilience and growing investor confidence. WBT has successfully held a critical level at $22, indicating strong buying interest in this range. This foundation suggests that investors view the current price as favorable for accumulation. Conversely, a significant support level looms at $18.67.RSI, currently sitting above 70, signals robust buying pressure, traditionally viewed as an overbought condition. However, in bullish phases, an RSI above 70 often reflects sustained momentum rather than an impending correction. This suggests the potential for WBT to continue its upward trend, especially if trading volume remains strong.In addition to technical indicators, the rapid growth of WBT’s market capitalization underscores its increasing prominence. Over the past month, WBT's market cap has surged from $2.3 billion to $3.2 billion—a remarkable 40% increase. This growth not only highlights a surge in investor interest but also strengthens WBT's position as a significant player in the crypto ecosystem.WBT’s performance illustrates the power of robust support levels, growing market capitalization, and sustained buying pressure. While risks inherent to crypto trading remain, WBT’s current trajectory offers a compelling narrative for short- and medium-term gains.

Don't show it to anyone, so that there is someone to sell it to at a high price!Decided to compare asset charts to both BTC and USD pairs.It’s interesting that even the charts with BTC pair are very similar: in terms of timing, visually, etc.LEO — token from bitfinex that makes a buyout of tokens and burns themWBT — a token from whitebit, makes a buyout of tokens and burns themLEO — does not have a futures pair, only spotWBT — has no futures pair, only spotLEO — BUY signal on Real Charts from the SemanticRSI indicator after the first correction. After that, there was constant slow growth (I think due to the constant redemption of tokens). Then strong growth in the active market +850%WBT — the same signalLEO — launch in 2019 at the bottom of the marketWBT — launch in 2022 at the bottom of the marketInteresting: perhaps strategic m-making is like in football, there are certain strategies of the game that are chosen according to the technical and fundamental characteristics of the team Details: assets don’t have much liquidity. You may say "this is a problem!". However... study the trading volume of LEO. You will see that during the period of slow growth, the volume was ~$15 million/day, and then it grew as actively as possible throughout the year with a volume 10-15 times less.PS: +850% growth for WBT is a price of $50+ 😳

If you are tired of the constant fall in the price of altcoins, there is a way out - add a little WBT to your investment portfolio.On 10.06.23, when most altcoins lost -20-50% in a few minutes, the price of WBTUSDT dropped only -4%, on par with BTC and ETH. It seems that "somebody and something" are skillfully keeping the WBT price from spilling over. Maybe they know what the growth prospects are in the future?In our opinion, the second stage of accumulation of long positions is now coming to an end. The first stage was in the "long term buy zone", as we wrote about in our previous ideas.Our goals for the growth of the WhiteBit token price in the coming months are roughly $8 and $9.50 A little fundamental news:The WhiteBit blockchain testnet process is currently underwayAccording to the project's whitepaper, new coins unlock are not planned until November 2023.So the fundamental foundations for future growth are laid, and now "the word" behind the "market"And if you are interested in the tokenomics of the project, we have described it here:_____________________Did you like our analysis? Leave a comment, like, and follow to get more

The last month the WBTUSDT price behaved no worse than a stablecoin) It did not fall down -20-30-50% as many altcoins did, for which thank you)The WBT price is stuck in a narrow consolidation of $4.60-5, probably someone is taking a large long position.Our medium-term expectations are an increase in the price of the WhiteBit token to $6.70 (+43%) and, if lucky, to $8 (+70%)Our long-term expectations are that the future price of WBT is much and much higher but about this at the following ideas.The WhiteBit blockchain testnet process is currently underwayAccording to the project's whitepaper, new unlock coins are not planned until November 2023.So the fundamental foundations for future growth are laid, and now "the word" behind the "market"And if you are interested in the Tokenomics of the project, we have described it here:_____________________Did you like our analysis? Leave a comment, like, and follow to get more

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.on DAILY: Left Chart📉 As per my last analysis (attached on the chart), after rejecting the demand zone, the bulls took over long-term by breaking above the last major high in orange.on H4: Right ChartWe are currently in a correction phase.🏹Trigger => for the bulls to take over short-term again, for the next bullish impulse to start, we need a momentum candle close above the last major high in gray.Meanwhile, until the buy is activated, WBT can still trade lower till around 4.3 demand zone where we will be looking for buy setups.📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich

According to our opinion, the WBT price is still waiting for at least 5-impulse waves upwards. The target for growth is 6.70$ or 8$Given that the long-term purchase zone was 3$-4$, this will be x2 profit) Although our long-term expectations for the future price of the WhiteBIT token are much, much higher.If you are interested, you can see a series of ideas on WBTUSDT in our TW profile.And if you are interested in the project's tokenomics, we have described it here:_____________________Did you like our analysis? Leave a comment, like, and follow to get more

WBT: Price Started The Bullish Move Again The crypto market is recovering very quick these days and the liquidity will move from the big coins to the other once. WBT as we have seen also on the past after the big crash that FTX created for all the market is recovering very well. The price already reached 4.9 and it should rise further. On the 4-hour chart, it looks clearer a bullish wave. Let's see the next movement. You may find more details in the video! Thank you and Good Luck!

Yesterday, 5/5 of the monthly WBT coin unlocks took place.According to the whitepaper, the following unlocks are planned:- 13.11.23- 13.07.24- 13.05.25- 13.03.26That is, there are no more significant factors that would put pressure on the price until November of this year.The WBTUSDT price managed to break out above the $3-4 buying zone, where we bought the main position for medium- and long-term investments.Further, according to the canons of TA, it would be good to test the strength of the $4 level from above and never go lower again)And after We would like to see only growth and growth, to start with, to $5.25 and $6.70To get acquainted with the project, you can read the tokenomics we described here:By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone could fix x3-4 profits in a few weeks.Well, we have shared our thoughts, and then everyone thinks and makes decisions on their own ;)_____________________Did you like our analysis? Leave a comment, like, and follow to get moreTP 1 +28% done ✅