crypto.news
2025-05-20 08:11:31

PROMPT price surges on Bithumb listing, eyeing 45% potential upside as bullish momentum builds

PROMPT price jumped 13% on Bithumb listing and now eyes a potential 45% upside as bullish momentum builds and technicals point to a short-term reversal. Wayfinder (PROMPT) jumped 13% in the past 24 hours, currently trading around $0.28 after rallying from an opening price of $0.26 to an intraday high of $0.30. The surge comes alongside a 35% uptick in trading volume and was likely driven by PROMPT listing on Bithumb , expanding its presence across major CEXs including Coinbase, OKX , Bitget, MEXC, Gate.io, KuCoin, Crypto.com, and BingX. With today’s surge, PROMPT price broke above both the 20 EMA and 50 SMA, although the 20 EMA remains below the 50 SMA following a bearish crossover that occurred in mid-May, which had coincided with the start of a steep leg down. Despite that, recent price action suggests that a local bottom may have formed around the $0.24 – $0.25 level. It also seems to be coming off a double bottom pattern at this level. After bottoming out at $0.24 – $0.25 level, PROMPT price went on to print a higher high and a higher low. Source: crypto.news Momentum indicators further support the bullish outlook, with the RSI currently siting at 58, indicating upward momentum while remaining far from overbought territory. The MACD line has crossed above the signal line and green histogram bars continue rising. Volume has also increased significantly on recent green candles, suggesting accumulation. You might also like: Wayfinder’s PROMPT token goes live on OKX amid airdrop claiming process Looking ahead, the immediate resistance level to watch is $0.30 — not only today’s intraday high and a psychological barrier but also a key former support level from mid-May, just before the last major leg down. A decisive breakout above this level with sustained buying could pave the way for the next major resistance at $0.35. This level previously acted as a strong support zone after April 30 swing high before being flipped into resistance following a breakdown to the $0.30 level. If current momentum holds and buying pressure continues, Wayfinder could be poised for a broader recovery and potentially reach $0.42, where support formed after a breakdown from its post-launch peak at $0.61 . With a market capitalization of just $65 million, Wayfinder has also gained recognition as one of the top 10 AI agent infra projects by mindshare, according to cookie.fun . You might also like: Wayfinder spikes 180% post-airdrop, Ethereum struggles at $1,600

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.