Price Prediction
Wormhole Price Prediction: 61% Gain in 24 Hours
Wormhole (W) has rallied by 61.53% in 24 hours, trading near $0.02818. The token's 24-hour trading volume has reached approximately $251.8 million, and its market capitalization is $186.2 million. The recovery is supported by rising trading activity and renewed interest from market participants. Wormhole's derivatives market shows signs of returning activity, with open interest climbing to approximately $68.53 million on October 12. The token's price prediction hinges on whether buyers can sustain momentum and push W above the 0.0292–0.0300 resistance cluster. The 61.53% daily gain, rising open interest, and $2.37 million in net spot inflows point toward renewed market participation. If buying pressure persists, W could challenge $0.0310. However, failure to clear resistance could trigger profit-taking toward $0.02644 and potentially $0.02355. Rising leverage also increases liquidation risks if sentiment reverses.