Wrapped Bitcoin is a blockchain network that is as powerful as the bitcoin blockchain. However, a distinguishing feature of this network is that users can experience bitcoin power with the flexibility of ERC20 coins. In other words, it is the first bitcoin-backed ERC20 token. It is 100% transparent, verifiable, and community-driven. WBTC is the native token of this ecosystem and below is the technical analysis for the same.

Hiệu suất trong quá khứ

On Jun 15, 2021, WBTC opened at $40,403.32. On Jun 21, 2021, WBTC closed at $31,662.64. Thus, in the past week, the WBTC price has decreased by roughly 22%. In the last 24 hours, WBTC has traded between $31,272.96 – $35,089.37.

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Ngày trước và ngày mai

Currently, WBTC is trading at $32,642.69. The price has increased from the day’s opening price of $31,662.64. Thus, the market seems bullish.

Sản phẩm MACD và các đường tín hiệu là tích cực. Do đó, động lượng chung của thị trường là tăng. Tuy nhiên, sự giao nhau trong xu hướng giảm của đường MACD trên đường tín hiệu đã xảy ra. Hơn nữa, cả hai đường đều gần với đường XNUMX và có thể sớm chuyển sang âm. Do đó, chúng ta có thể mong đợi một đợt giảm giá.

Hiện nay, Chỉ báo RSI is at 55%. It faced rejection at 47% and rose to the current level. Hence, buying pressures are slowly building for WBTC. High buying activity will push the price further up.

Tuy nhiên, Chỉ báo OBV has fallen steeply. Thus, selling volumes are much higher than buying volumes. In other words, the OBV indicator is giving further credence to the price pullback indicated by the MACD oscillator.

In short, when we look at all three oscillators together, we can say that the overall market momentum is currently bullish. However, a price pullback is on the anvil. We have to wait and see if this price pullback is temporary or the commencement of a bullish trend reversal.

WBTC Technical Analysis

Hiện tại, giá dưới Điểm xoay Fibonacci là 32,674.99 đô la. Nó có thể sớm giảm xuống dưới mức hỗ trợ trục Fibonacci đầu tiên of $31,217.12. Thereafter, we have to wait and watch if the price continues to decline or starts rising again.

Giá đã thử nghiệm và giảm xuống dưới Mức thoái lui FIB 61.8% là $ 32,730.83. Giá có thể sớm giảm xuống dưới Mức thoái lui FIB 76.4% of $32,173.63 as well. If the price retests and breaks out of these levels by day end, then probably the price uptrend is strong enough to sustain till tomorrow. Else, the price downswing may continue tomorrow as well.