Markets· ★★· neutral·

WLFI Jumps 4.59% on October 9 but Stays Below Key Moving Averages

  • —WLFI trades at $0.0570736, up 4.59% on the day
  • —Daily volume of $64.99 million, 21.27% above the 30-day average
  • —Price above 7/15/30/90-day SMAs, below 50- and 200-day SMAs
  • —RSI at 53.7 in neutral territory, MACD histogram positive
Why it matters: The bounce has yet to reverse the broader downtrend; a close above the 50-day SMA is needed to confirm a trend change.
Source: DiarioBitcoin