Wormhole (W) Price Prediction for August 10

The Wormhole price today is consolidating near $0.092 after a strong rally lifted it above the $0.09 mark for the first time since late July. The move followed a clean breakout from a descending trendline resistance and a bullish flip in multiple momentum indicators, but short-term signals now suggest a cooling phase.

What’s Happening With Wormhole’s Price?

Wormhole price dynamics (Source: TradingView)

The 4-hour chart shows that Wormhole price action broke through the $0.085–$0.088 resistance zone, triggering a fast move to $0.095 before sellers capped gains. The Supertrend indicator has flipped bullish with the trend base near $0.082, confirming the recent shift in structure.

Directional Movement Index (DMI) readings show the +DI at 41.26 and -DI at 6.29, signaling strong bullish control. However, the ADX near 41 suggests the trend is already in a strong phase, which can lead to short-term exhaustion before the next leg.

Wormhole price dynamics (Source: TradingView)

Bollinger Bands on the 4-hour chart have expanded sharply, indicating the start of a new volatility phase, while price is currently sitting just under the upper band at $0.095. EMA alignment remains positive, with the 20/50/100/200 EMAs stacked below current price, providing layered dynamic support between $0.085 and $0.081.

Why Is The Wormhole Price Going Up Today?

Wormhole price dynamics (Source: TradingView)

The breakout in Wormhole price was driven by a combination of technical and order flow factors. On the trendline chart, W broke a multi-week descending channel and immediately followed with a retest-then-launch pattern, confirming bullish intent.

Wormhole price dynamics (Source: TradingView)

On the 30-minute timeframe, price is coiling within a symmetrical triangle after the initial spike, with RSI at 48.55 and MACD flattening, indicating consolidation before the next move. Parabolic SAR dots remain below price on the intraday chart, though they are starting to converge toward the candles, a sign that momentum may pause if no fresh buying volume emerges.

Wormhole spot inflow/outflow data (Source: Coinglass)

Spot netflow data shows a $1.32 million outflow over the past 24 hours, reflecting some profit-taking despite the bullish breakout. This aligns with the current sideways action and suggests that while demand remains, near-term inflows will be critical to sustain upside momentum.

Price Indicators Show Consolidation After Breakout

Wormhole price dynamics (Source: TradingView)

VWAP on the 30-minute chart sits near $0.0927, aligning closely with current price, suggesting a balance between buyers and sellers in the short term. The Bollinger Band mid-line at $0.084 also serves as a near-term reference if price pulls back.

The broader structure still favors the bulls, as price remains well above the breakout zone at $0.085 and trendline support near $0.078. This zone also coincides with the 200 EMA on the 4-hour chart, reinforcing its significance as a strong technical floor.

W Price Prediction: Short-Term Outlook (24H)

If Wormhole price today can break above the $0.095 resistance with volume confirmation, the next target lies at $0.100–$0.102, followed by $0.105 where the previous July highs reside. Sustained closes above $0.102 would open the door to a stronger bullish extension toward $0.110.

On the downside, failure to hold above $0.090 could invite a pullback toward $0.085, with further weakness risking a drop to $0.082 and then $0.078. The $0.078 level is a key bullish invalidation point, as it marks both the recent trendline breakout retest and major EMA support.

Given the breakout structure, positive EMA alignment, and DMI bullish dominance, the bias remains upward in the short term — though a brief consolidation is likely before the next impulsive move.

Wormhole Price Forecast Table: August 10, 2025