WLFI Token Sees Renewed Interest After Significant Dip Purchases

World Liberty Financial (WLFI) is experiencing renewed buying interest, softening a recent price dip. It trades at approximately $0.1472, down 1.7% in the past day but up 8% over the month. The 24-hour trading volume increased by 8% following a brief drop to $0.1177.

A new wallet used 25 million USD1 to acquire 165.79 million WLFI at an average price of $0.1508.
Another wallet withdrew 47.18 million WLFI (about $7 million) from Binance, indicating accumulation by new wallets.

Market Observations

WLFI faced resistance between $0.1670 and $0.1700 but remains above the crucial moving average near $0.1450.
Main support lies between $0.1150 and $0.1250. A fall below $0.1400 could lead to a price of $0.1320 or even $0.1250.

Potential for Growth

Analysts suggest WLFI might surge toward $0.30 if it surpasses nearby resistance, implying a potential 150% increase.
WLFI has risen 27% in three days, maintaining proximity to the critical $0.15 level.
A token burn of 166.7 million WLFI helped restructure supply following a phishing incident, contributing to a 17% price rise.
Increased trading activity and derivatives interest are noted, with liquidity around $0.17 being monitored as an indicator.

If current strength persists, $0.25 could become a mid-term target, positioning WLFI as a noteworthy penny cryptocurrency in 2025.