What to Know
- WLFI rose 2.6% in the past 24 hours, extending a 40% weekly rally fueled by U.S. Senate progress on ending the government shutdown.
- Trump-linked optimism and a technical breakout above $0.15 drove momentum, though indicators now suggest the token may be overbought.
- Trading volume surged 842% to nearly $900 million, marking WLFI’s most active session since launch as traders bet on pro-crypto policies.
World Liberty Financial (WLFI) rose by about 2.6% in the last 24 hours, extending a 40% weekly rally that had captured market attention. But while the gains this week are notable, some signs of cooling are appearing as traders take profits and key technicals begin showing strain.
Why this Week?
As the U.S. Senate advanced a bipartisan funding bill aimed at ending the federal shutdown, On Monday, Nov. 10, the WLFI token price rose 30% to a high of $0.1681 and has since stabilized at $0.1571. WLFI was up 25% on the day, after reaching that peak, with its intraday trading volume spiking 842.02% to almost $900 million, one of its most active sessions since launch.
This move stood out compared to broader markets: the S&P 500 gained 1.32%, the Nasdaq rose 2.07%, and the top 20 crypto assets were up just 2.15%. The funding resolution came after eight Democrats broke ranks and voted with Republicans, helping secure a 60-40 bipartisan vote. Politically, it was seen as a win for Trump and the Republicans, which likely helped lift the WLFI token. The Official Trump (TRUMP) meme coin also jumped 17% after the news.
Technical Breakout
WLFI broke through key resistance levels. It cleared the 23.6% Fibonacci retracement level at around $0.1537 and moved past its 7-day SMA near $0.126. That set off buying based on momentum. But the 7-day RSI and other indicators rose to around 70.44, which suggests that the token might be getting too expensive and could drop if volume doesn’t keep up. Traders were more willing to take on risky positions after the shutdown resolution made things less uncertain. That bigger change helped WLFI. At the time of writing, WLFI is trading at around $0.1544.
Now that WLFI has had this surge, the recent 2.6% gain looks modest by comparison, signalling that some traders may be locking in profits. The big weekly rally means expectations are now higher. That always raises the risk of a short-term correction if there’s no fresh catalyst. The RSI being in overbought territory suggests the momentum might stall unless supported by strong buying. While the breakout above $0.15 was positive, sustaining a move toward the next level, for example the 38.2% Fib around $0.1448 or a break above the recent high near $0.167 will matter for whether the up-trend continues.
Bottom Line
WLFI’s story is very much tied to the Trump family and the idea of future pro-crypto policy moves. That helped fuel the rally, but it also adds extra risk. On the one hand, the Senate shutdown deal and the broader sentiment of regulatory clarity are bullish for tokens like WLFI and other political tokens that trade partly on narrative. The strong connection to one politician and the fact that it doesn’t have many other uses besides governing mean that if the story weakens, say because of regulatory scrutiny, delays, or bad press, the rally could turn around quickly, though investors are anticipating more pro-crypto regulatory shifts under Trump’s influence, especially after his recent $2,000 “tariff dividend” proposal.
WLFI’s recent rise is a good example of how political stories and general market optimism all work together. But since most of the upside is already there, the recent 2.6% rise feels more like an extension than a new surge. Traders might see consolidation or even a retreat if there isn’t a new catalyst.
Also Read: STRK Drops 13% After Rally, Profit-Taking & Unlock Loom
