WhiteBIT Coin (WBT): analysis after 100% monthly surgeThe cryptocurrency market has seen its fair share of volatility recently, but WhiteBIT Coin (WBT) has emerged as a standout performer, reflecting both resilience and growing investor confidence.
WBT has successfully held a critical level at $22, indicating strong buying interest in this range. This foundation suggests that investors view the current price as favorable for accumulation. Conversely, a significant support level looms at $18.67.
RSI, currently sitting above 70, signals robust buying pressure, traditionally viewed as an overbought condition. However, in bullish phases, an RSI above 70 often reflects sustained momentum rather than an impending correction. This suggests the potential for WBT to continue its upward trend, especially if trading volume remains strong.
In addition to technical indicators, the rapid growth of WBT’s market capitalization underscores its increasing prominence. Over the past month, WBT's market cap has surged from $2.3 billion to $3.2 billion—a remarkable 40% increase. This growth not only highlights a surge in investor interest but also strengthens WBT's position as a significant player in the crypto ecosystem.
WBT’s performance illustrates the power of robust support levels, growing market capitalization, and sustained buying pressure. While risks inherent to crypto trading remain, WBT’s current trajectory offers a compelling narrative for short- and medium-term gains.
Wbtforecast
WBT vs LEO | +850%?? | WhiteBIT vs BitfinexDon't show it to anyone, so that there is someone to sell it to at a high price!
Decided to compare asset charts to both BTC and USD pairs.
It’s interesting that even the charts with BTC pair are very similar: in terms of timing, visually, etc.
LEO — token from bitfinex that makes a buyout of tokens and burns them
WBT — a token from whitebit, makes a buyout of tokens and burns them
LEO — does not have a futures pair, only spot
WBT — has no futures pair, only spot
LEO — BUY signal on Real Charts from the SemanticRSI indicator after the first correction. After that, there was constant slow growth (I think due to the constant redemption of tokens). Then strong growth in the active market +850%
WBT — the same signal
LEO — launch in 2019 at the bottom of the market
WBT — launch in 2022 at the bottom of the market
Interesting: perhaps strategic m-making is like in football, there are certain strategies of the game that are chosen according to the technical and fundamental characteristics of the team
Details: assets don’t have much liquidity. You may say "this is a problem!". However... study the trading volume of LEO. You will see that during the period of slow growth, the volume was ~$15 million/day, and then it grew as actively as possible throughout the year with a volume 10-15 times less.
PS: +850% growth for WBT is a price of $50+ 😳
WhiteBit WBT price will start growing after mainnet launch ?Are you tired of unpredictable volatility in the cryptocurrency market? Then investing in WBT seems like a good solution.
In recent weeks, the WBTUSDT price has been trading in a narrow 2% range. Usually, the price of an asset consolidates for a reason, but is preparing for a powerful impulse.
Given the fact that at night, when BTCUSDT updated its low to $28700, the price of WhiteBit token did not falter, we can assume that an upward momentum is being prepared.
There is also a fundamental basis for this assumption:
- WhiteBIT has recently successfully passed a smart contact audit by hacken.io
- the launch of WhiteBit mainnet was announced on 03.08.23
- the launch of the WhiteBIT Launchpad. To participate, you must be the owner of 200+ WhiteBIT Tokens (WBT).
If the launch is successful, it could act as a strong trigger for price movements.
Our medium-term price target for WBT is $6.70-6.95.
Our long-term target for the price of WhiteBIT token is $25
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WhiteBIT token WBTprice will rise as your own mainnet is launch?In the two weeks since we published our previous WBTUSDT idea, the price has grown +15%
Of course, this is not a super rapid growth, but the chart shows daily candles that show a steady increase.
Assuming that the chart can draw a Cup and Handle pattern, the WBT price is now approaching a critical level from which a minimum correction of at least $4.95 can begin.
Or maybe the correction will not begin, and the slow, stable growth will continue at least to the range of $6.70-6.95 , why?
WhiteBit announced several important news:
Their blockchain is finally fully ready. A security audit is underway and soon WB Network will launch its mainnet.
After the launch of the mainnet, WBT redistribution systems will be launched, i.e. WB Network and WBT commissions from funds will be distributed among users who have WBT in the holding. This will help develop the community and ecosystem.
From an economic point of view, this is an incentive for crypto users to buy WBT from the market and hold them for a long time = reduced supply on the market = increased price.
At the same time, they announced a retrodrop, during which additional WBT will be credited to users as a reward. Perhaps this additional number of coins will increase the supply on the market and provoke the correction of the WBT price, which we wrote about above, there is a chance of this, as well as doubt)
It's also worth remembering that the huge unlocking of "fresh to the market" WBT coins will be in November 2023, according to the whitepaper. Until then, the "room for growth" of the WBTUSDT price is unlimited, there is "no ceiling" from above. The main thing is that the trend and the mood on the crypto market should be bullish.
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WhiteBIT token WBT price. Strength, stability, future growth...If you are tired of the constant fall in the price of altcoins, there is a way out - add a little WBT to your investment portfolio.
On 10.06.23, when most altcoins lost -20-50% in a few minutes, the price of WBTUSDT dropped only -4%, on par with BTC and ETH. It seems that "somebody and something" are skillfully keeping the WBT price from spilling over. Maybe they know what the growth prospects are in the future?
In our opinion, the second stage of accumulation of long positions is now coming to an end. The first stage was in the "long term buy zone", as we wrote about in our previous ideas.
Our goals for the growth of the WhiteBit token price in the coming months are roughly $8 and $9.50
A little fundamental news:
The WhiteBit blockchain testnet process is currently underway
According to the project's whitepaper, new coins unlock are not planned until November 2023
.
So the fundamental foundations for future growth are laid, and now "the word" behind the "market"
And if you are interested in the tokenomics of the project, we have described it here:
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WhiteBIT token WBT price. The calm before "the Up storm" ?)The last month the WBTUSDT price behaved no worse than a stablecoin) It did not fall down -20-30-50% as many altcoins did, for which thank you)
The WBT price is stuck in a narrow consolidation of $4.60-5, probably someone is taking a large long position.
Our medium-term expectations are an increase in the price of the WhiteBit token to $6.70 (+43%) and, if lucky, to $8 (+70%)
Our long-term expectations are that the future price of WBT is much and much higher but about this at the following ideas.
The WhiteBit blockchain testnet process is currently underway
According to the project's whitepaper, new unlock coins are not planned until November 2023.
So the fundamental foundations for future growth are laid, and now "the word" behind the "market"
And if you are interested in the Tokenomics of the project, we have described it here:
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Strong movement of WhiteBIT token WBT price is still aheadAccording to our opinion, the WBT price is still waiting for at least 5-impulse waves upwards. The target for growth is 6.70$ or 8$
Given that the long-term purchase zone was 3$-4$, this will be x2 profit)
Although our long-term expectations for the future price of the WhiteBIT token are much, much higher.
If you are interested, you can see a series of ideas on WBTUSDT in our TW profile.
And if you are interested in the project's tokenomics, we have described it here:
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WhiteBIT Token WBT price starts it's a long way to growthYesterday, 5/5 of the monthly WBT coin unlocks took place.
According to the whitepaper, the following unlocks are planned:
- 13.11.23
- 13.07.24
- 13.05.25
- 13.03.26
That is, there are no more significant factors that would put pressure on the price until November of this year.
The WBTUSDT price managed to break out above the $3-4 buying zone , where we bought the main position for medium- and long-term investments.
Further, according to the canons of TA, it would be good to test the strength of the $4 level from above and never go lower again)
And after We would like to see only growth and growth, to start with, to $5.25 and $6.70
To get acquainted with the project, you can read the tokenomics we described here:
By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone could fix x3-4 profits in a few weeks.
Well, we have shared our thoughts, and then everyone thinks and makes decisions on their own ;)
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WhiteBIT Token WBT price is in buy zone for long-term investmentYesterday, 4/5 of the planned monthly unlocks of WBT coins in the near future took place.
According to the whitepaper, the following unlocks are planned:
- 13.03.23
- 13.11.23
- 13.07.24
- 13.05.25
- 13.03.26
The WBTUSDT price is in the $3-4 buy zone , where we bought the main position for medium- and long-term investments.
We also left two more buy orders in case of volatile fluctuations in the cryptocurrency market. If they work, it will be a nice bonus for us in the long run.
To familiarize yourself with the project, you can read the tokenomics we described here:
By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone were able to record x3-4 profits in a few weeks.
Now we don't expect such rapid growth, as there is still 1 more unlocking of coins ahead. But it's worth remembering that after March 13, there will be no more injections of new WhiteBIT tokens into the market until November 2023. The law of supply and demand has not yet been canceled)
Well, we have shared our thoughts, and then everyone thinks and makes decisions on their own ;)
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WhiteBIT Token WBT price entered to buy zone for long-termIf you woke up today, looked at the charts of cryptocurrencies, and were flooded with thoughts: "Oh, I did not buy at the bottom and missed the growth", then we have good news for you.
Not everything has "shot up" yet, for example, the token of the WhiteBit crypto exchange - WBT
Today 3/5 of the planned coin unlock took place. Probably, someone decided to fix x2 profit after unlocking around $4, because the price on the presale was $1.90, and the price of WBT spilled a little.
But, at the same time, the WBTUSDT price entered the purchase zone of $3-4 , where we think it is an ideal place to buy for medium and long-term investment (of course, if you believe in the project).
To get acquainted with the project, you can read the tokenomics we described here:
By the way, the same idea shows how a few months ago, those who bought in the $3-4 zone, in a few weeks were able to fixed x3-4 profit.
Now we do not expect such rapid growth, because there are still 2 more coins unlocking ahead, which can put a little pressure on the price with increased supply.
But it is worth remembering that after March 13, there will be no more injections of new coins into the market. The law of "supply and demand" has not yet been canceled)
Well, we shared our thoughts, and now everyone thinks and makes decisions on their own ;)
Have a nice and profitable weekend to all of you)
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WBT price accumulation and after can be again growthToday we will talk about the prospects of WBT token
We described in detail about the project, its tokenomics, and growth prospects 3 months ago, those who are interested, we invite you to review
At night unlocked 10,8mln coins. And maybe a large portion of coins bought on the presale at a price below $2 was sold. Naturally, when they began to fix x2 profit and sales began, the price shed.
On the other hand, the WBTUSDT price reached the liquidity zone, where 3 months ago it was "densely" bought before the start of sharp x3-x4 growth.
The next unlock of the same portion of coins is in a month on 13.01.2023.
Given the fact that today on 13.12 the US consumer price index will be updated, and tomorrow on 14.12 the Fed will announce a new US Federal Funds rate (forecast +0.5%), the market will be volatile.
You can safely place orders to buy with a grid in the range of $3.60-4.10 and take a medium or long-term position.
Prospects for growth WBT price in our opinion are not bad - it is $11 and 14 dollars in the context of several months.
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New listing WBT token TODAY + The Fed meeting (FOMC)WBT token of the largest European crypto exchange WhiteBit continues to master the crypto space and is listing on other crypto exchanges.
We wrote about what WBT is and why we like the clear tokenomic of the project in our previous idea
WhiteBit team continues "to invade" the crypto market and today will hold the 3rd listing of its own WBT token on another crypto exchange - MEXC
After two previous listings of WBTUSDT on other crypto exchanges, the price of WhiteBit token reacted with growth.
Confident consolidation of the price above $10.25 and possible continuation of growth to one of the levels of $17, $18, or even $21.
On the other hand, now the price of WBTUSDT is close to the critical level - $10.25
Below it, there is no liquidity on the chart, and therefore the price may fall to $6. Therefore, it is also a good trading strategy to put "buckets" there for a possible price fall.
Separately, we would like to highlight and remind you that in 9 hours there will be a Fed meeting - Federal Open Market Committee (FOMC)
- Most likely, the financial markets will perceive the rate increase by the projected +0.75% or less positively.
- If the rate rises by +1% or more than forecast - the financial markets will be absorbed by "the red color".
Today, be careful and cautious when making trading decisions.
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WhiteBit Token (WBT) will go insane!Hello, everyone!
Today it’s time to make an analysis on the exchange’s token. Tokens of reliable exchanges almost always good investment. Binance was the most dynamically developing exchange in the previous cycle, but BNB have already shown the huge growth. Today I found the most undervalued token – WBT. WhiteBit exchange is the emitter of the WBT token today is the most dynamically developing crypto exchange. It’s token have been already listed on several exchanges. For example, tomorrow it will be listed on MEXC it will provide an additional liquidity.
Of course fundamental factors are important, but our favorite Elliott waves is the main analysis tool. WBT have the very nice dynamic on the 1D timeframe. After first listing this asset showed the uptrend Elliott waves cycle. It is the very bullish sign in the long term.
When I am going to buy WBT? It is obviously that now WBT have just finished the 5 waves cycle. Of course waves 3 and 5 correspond to divergence on Awesome oscillator. I consciously have not added AO on the chart to make it simple, but you can trust me. In November I am waiting for the ABC correction, which will be the wave 2 of global bullish super cycle. This correction will be ended as I suppose at the Fibonacci golden pocket, approximately at the $8. After that I expect the most impulsive wave 3 which will bring us significant profit.
Today we have a lot of features of incoming correction – decreasing volume and the lack of demand Wyckoff pattern which have already lead to the local pump. Watch out my updates I will tell you when to buy WBT.
Best regards, Ivan
WhiteBIT token. What will WBT price give us in the near future ?WBT token of the largest European crypto exchange WhiteBit continues to master the crypto space and is listing on other crypto exchanges.
We wrote about what WBT is and why we like the clear tokenomic of the project in our previous idea
And today we want to point out an interesting observation
6 days after WBT was listed on Huobi, a price jump of +300% began. Whether it is a coincidence or not, we do not know, but this fact can be seen on the chart, and it is on a sluggish crypto market that is now.
Today another listing, WBTUSDT will appear on the Gate exchange.
We can hardly believe in another growth of +300% in 1-2 weeks, but in our opinion:
1. the minimum program is the growth to $17-21
2. the maximum program is the growth to $40
3. the critical level is $11 per WBT below which a fairly deep correction can begin, so you must be careful and cautious.
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WhiteBit token WBT +250% in just 2 weeks - time to corrections?In our previous ideas, we told you why we like the new and promising WBT token, about tokennomic and other functionality, please read it again
For two weeks the WBTUSDT growth was +250%
And in general, since the start of trading, the WBT token price has increased by +550%
And this is at such a sluggish stage of the crypto market, agree - this is a great result.
Now we would like to see at least some price correction, and after it, we will take a long position in WBTUSDT again.
We really like the tokennomic embedded in the WhiteBit token project.
Now we have the following levels for long purchases:
1) $8,00-8,40
2) $6,00-6,30
3) the control order is an unlikely squeeze order for $5.
The next global target from above is around $21
If you want us to share our thoughts and positions on WBTUSD more often, write about it in the comments
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WBTUSDT 4h Our Long-term trade, filling 3 out of 4 orders WBTToday we will show a clear example of how works long-term purchase with delayed limit orders or, as the people say, "buckets in a downpour"
A few days ago, we published the WBTUSDT chart and, accordingly, 4 levels for long-term token buying. As we like tokenomic of WBT and consider it promising. More details about this in our previous idea:
In a matter of hours after publication of our idea, the WTUSDT price soared twice.
Let's be honest, we didn't record 100% profit, because our take profit was $12.60, since we wrote the ideas.
But this is a long-term investment, and we did not expect such a quick growth)
Then there was the fall of the entire crypto market, and of course the WBT price was not an exception and fell as well.
But we were a little lucky on the fall.
Delayed limit orders - "buckets" were filled on the strait.
Now we have an average purchase price of $3.50 per WBT and it is still twice as expensive as the start of trading, for which we were late)
But this is our deliberate long-term investment with a part of the trading deposit allocated for it. And we will not fix profit faster than x4, and maybe even higher, let's see what the cryptocurrency market will be like.
But two hours ago they published a tweet about the listing WBT at Huobi on 09/22
This is only the first listing WBT on crypto-platform other than "the parent", but the price WBTUSDT has already been well bump up per 2 hours.
Summarizing:
We still have a limit buy order at $2.5, and we are placing another one at $2.25. But this is if we are lucky with a bonus to the main position at an average price of $3.50)
Our minimum long-term investment target is $12.60 per WBT, and the maximum is not yet known)
You decide whether to buy WBT or not, because these are your assets.
We are just sharing the method and our experience of buying "buckets" that have been working on the cryptocurrency market for years
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WBTUSDT 🔥Buy levels for promising WBT token with the goal x3-x4Today, we want to introduce to you a new trading token WBT - token of the largest European crypto exchange - WhiteBIT
On August 14, a presale of 1 million tokens was held, which were sold out in 15 minutes. A great result.
On August 25, token trading started at $1.90,
WBT token price $4.18 at the time of writing the idea (+125% from starts)
Currently, in circulation - 63 mln. coins
Basic conditions of tokenomic :
- maximum issue - 400 mln. (of which 200 million will be unlocking within 3 years)
- weekly token burning according to an open formula. The exchange will redeem a weekly amount of tokens equal to the sum of 33% of WhiteBIT's trading fees and 5% of other uses of the exchange. For example, 30.08.22 burned 973841 WBT, September 6 and 12, 1.5 million coins were burned twice, the next burning is on 20.09.22.
- reduction of trading commission and high 40-50% for staking to WBT holders
- own blockchain, launchpad, listings...
In short, a complete full package, which is cleverly packaged and implementing
It is necessary to understand that the coin is young, liquidity may not be enough, but this fact makes it possible to make very tasty investment purchases.
We placed equal orders to buy WBTUSDT on a grid: $4, $3.50, $3, $2.50
As a result, we will have "a tasty average price" for the overall WBT position.
Our global target for medium-, long term trade = $12.6 per WBT
In our opinion, there are many similarities "in packaging and promotion" with the most popular exchange token BNB at this moment.
We are not implying anything, but the BNB once cost $0.50 and at the maximum it was $691
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)
WBTUSDT 4h New cryptocurrency token, buy it earlyToday, we want to introduce to you a new trading token WBT - token of the largest European crypto exchange - WhiteBIT
On August 14, a presale of 1 million tokens was held, which were sold out in 15 minutes. A great result.
On August 25, token trading started at $1.90, and then the excitement and confidence in the WhiteBIT crypto exchange drove the value of the WBTUSDT token to $6.34 at the time of writing the idea.
Currently, in circulation - 66 mln. coins
Yesterday there was a price squeeze to the liquidity zone of $5.40, which was sharply bought back. That is, currently, an aggressive buyer is ready to buying WBT and not let the price go lower.
Our expectation for the coming days is to reach the $8.35 mark for the WBTUSDT price.
Basic conditions of tokenomic:
- maximum issue - 400 mln. (of which 200 million will be unlocking within 3 years)
- weekly token burning according to an open formula. The exchange will redeem a weekly amount of tokens equal to the sum of 33% of WhiteBIT's trading fees and 5% of other uses of the exchange. For example, 30.08.22 burned 973841 WBT, the next burning is on 06.09.22.
- reduction of trading commission and high 40-50% for staking to WBT holders
- own blockchain, launchpad, listings...
In short, a complete full package, which is cleverly packaged and implementing
I n our opinion, there are many similarities "in packaging and promotion" with the most popular exchange token BNB.
We are not implying anything, but the BNB once cost $0.50 and at the maximum it was $691
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer — help us to be happier :)