Donald Trump’s World Liberty Financial rebounded with his recent decline after making an important investment in Altcoin, promoting speculation of possible inclusion in the government’s strategic cryptocurrency reserve.
After killing the lower levels of all time of $ 0.391121 on March 4, 2025, the movement (Move) rebounds for the Intrade High of $ 0.505 on 6 March, with a double -digit gains of about 29.1%.
According to the final investigation during the Asian afternoon session, its advantage was more than 33% of its local on Tuesday. Altcoin’s market cap was exceeded by more than $ 1.15 billion, while its daily trade increased to almost three times, which exceeded $ 258 million.
Today’s benefit was triggered by US President Donald Trump after being associated with the Crypto project ‘World Liberty Financial’, which purchased a move token of $ 1.5 million between other Altcoin from a newly created multi-signature wallet.
With the White House Crypto Summit, one day away, Chal has speculated to the Crypto community that it could be part of the crypto strategic reserve plans that President Trump recently revealed the US to the position as the “Crypto Capital of the world”.
The summit, Friday, set up for 7 March, will be chaired by Venture Capitalist David Sachs and Congress Bo Hines. Crypto founders, CEOs, investors and policy makers are expected to bring together to discuss the future of digital assets in the US and take another step in Trump’s push to make the US a leader in digital finance.
Along with increasing the pro-crypto spirit in policy-making circles, investors feel that the move can also benefit from potential government-supported initiatives-e-since it aligns with the story “Made in USA”.
Per data From Coinglass, the demand for derivative traders has recently increased, with open interest in Altcoin Futures Market, it has increased to $ 91 million at the time of writing at the time of jumping more than 50% in the previous day.
Meanwhile, the sensual data shows an increase of 146% in daily active address, which is often seen during the time of growing trading activity between holders.
X and Koingco were moving, even though its social spirit was negative at the press time. Typically, it means price gains after recent events.
Point analysis
Technical indicators suggest that Altcoin is recovering at the speed of its recession, which is strong since the beginning of this year.
On the 4-hour/USDT price chart, the move is once again broken over the descending trendline, which was being built with less high and lower climb since January 6, which traders see as an precursor for a trend inverted.
The move was trading close to the upper bowlinger band, suggesting strong purchases, in which the new money was flowing in its market.
MACD lines have also pointed up upwards, crossing above the signal line along the MACD line, while staying above the price line, confirming a possible tendency upright – especially the trading volume of AltCoin has become spike in the previous day.
Further coinglass data shows that investors are depositing steps with net outflows from about $ 11.5 million exchanges in the last 12 days, indicating that its investors believe in further possible future benefits.
Therefore, the step may potentially rally for its psychological resistance at $ 0.55, failing to break a level on March 3. If it manages to move above this level, the next target for steps would be $ 0.68, a resistance level that struggled to break several times in early February.
Disclosure: This article does not represent investment advice. The materials and materials painted on this page are only for educational purposes.
