Bitcoin is recovering from the “Black Friday” crash, which was caused by the profit-taking momentum, and the resurgence has been spreading over the entire crypto market, with various altcoins exhibiting more than a 10% surge.
Amongst the major altcoins with more than $1 billion market capitalization, WLFI, ASTER, and PUMP witnessed a significant uptrend today. While various market experts consider this a short-term surge that will eventually fade within days, others expect these assets to continue the bull run and reach new all-time highs.
Donald Trump Backed World Liberty Financial (WLFI) Surges As He Pardons Binance’s CZ
WLFI, the native asset of Trump-backed World Liberty Financialis nearly 12% up today, increasing its market capitalization to $3.47 billion. It witnessed a more than 170% surge in the 24-hour trading volume, and various market analysts expect the uptrend to continue in the coming days. Trump’s recent pardon of Binance’s founder Changpeng “CZ” Zhao is the core reason for the uptrend.
However, a major concern from the trading community is that around 70% of the total supply of WLFI is held by insiders, especially the accredited investors of the Trump family. According to David Krause, finance professor at Marquette University, the project’s overall design excludes the participation of public investors or token holders, which is contradictory to the vision of a decentralized finance network.
Will World Liberty Financial (WLFI) Continue the Surge? Short-Term Price Prediction
The bearish momentum for WLFI is strong today, with the moving averages and technicals signalling “strong buy.” The weekly forecast indicates that it will trade between $0.1353 and $0.1579.
DateDay of weekDaily LowDaily HighDaily High25/10Saturday$0.1353$0.1459$0.140626/10Sunday$0.1344$0.147$0.140727/10Monday$0.1356$0.1484$0.14228/10Tuesday$0.1326$0.1491$0.140929/10Wednesday$0.1258$0.1423$0.134130/10Thursday$0.1291$0.1673$0.148231/10Friday$0.145$0.1579$0.1515
Binance’s CZ-Backed ASTER Revives, Maintains $1 Mark
ASTER, the decentralized perpetual exchange built on the BNB Chain, witnessed a more than 10% surge today, primarily due to the whale activity and the launch of its new liquidity program. As a project backed by Binance’s founder Changpeng “CZ” Zhao, Trump’s pardon of CZ also acted as a catalyst for the surge.
ASTER is now reviving from its recent price fluctuations caused by the DeFiLlama delisting issue, airdrop-driven unlocks, profit-taking momentum, and technical weakness. Analysts expect the asset to ignite a bull run this cycle, mainly due to its highly anticipated upgrades.
Will ASTER Reach a New All-Time High? Short-Term Price Prediction
Despite exhibiting a surge in the charts, ASTER is around 54% down from the all-time high it achieved a month ago. The technical indicators are neutral, and we can expect a sideways movement from the current position for ASTER this week.
DateDay of weekDaily LowDaily HighAverage25/10Saturday$1.0464$1.2003$1.123426/10Sunday$1.0399$1.2043$1.122127/10Monday$1.0423$1.2235$1.132928/10Tuesday$0.9452$1.1559$1.050629/10Wednesday$0.8526$1.044$0.948330/10Thursday$0.8722$1.0991$0.985731/10Friday$1.0099$1.1117$1.0608
pump. fun ($PUMP) Flips From the Downward Spiral, Exhibits Exponential Growth
PUMP, the native asset of the Solana-based meme coin launchpad pump.fun, has been witnessing a resurgence in its charts for a while, primarily due to the whale purchases after the plunge. It is nearly 300% up from the all-time low it reached two weeks ago.
Pump.fun was at its lowest levels due to the increase in competition, mainly with the surge of similar niche platforms such as LetsBonk, Believe, and Moonshot. The current comeback, with the arrival of new whales, is expected to bring more investors to the asset and more users to the ecosystem.
pump.fun ($PUMP) to Continue the Rebound? Short-Term Price Prediction
Pump.fun broke its downward spiral with a bullish flip, creating strong technicals and positive market sentiment. It is still 66% down from its all-time high. So, it will likely exhibit a surge to its previous heights in this cycle, if the bull run continues. However, short-term volatility is expected. A detailed forecast for tomorrow and this week is provided below.
DateDay of weekDaily LowDaily HighAverage25/10Saturday$0.004374$0.004481$0.00442826/10Sunday$0.00454$0.004671$0.00460627/10Monday$0.004514$0.004782$0.00464828/10Tuesday$0.004395$0.004731$0.00456329/10Wednesday$0.004164$0.004405$0.00428530/10Thursday$0.004197$0.004512$0.00435531/10Friday$0.004502$0.004767$0.004635
Is it a Good Time to Buy WLFI, ASTER, and PUMP?
Yes, it is a good time to buy WLFI, ASTER, and PUMP. Here is why WLFI, ASTER, and PUMP maintain the bullishness as of now, but the predictions suggest short-term sideways movements for these assets. Since these highly volatile cryptos surged due to speculative buying, a sudden bearish fluctuation is also possible.
The crypto price forecasts provided above are based on predictive modeling and should not be considered financial advice. It is advised to do your own research before finalizing the entry point to these assets. Always DYOR!
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