📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
ETH 4 hours 【Price Trend Analysis】
K-line pattern:
The price has been fluctuating around 3400 recently, forming a small consolidation range.
On December 23, a long lower shadow appeared, indicating strong buying support.
Technical indicators:
MACD: The current DIF and DEA are both negative, but the MACD histogram is starting to shrink, indicating a weakening bearish momentum and a possible shift to bullish.
RSI: Currently, RSI is close to 50, in the neutral zone, without any obvious overbought or oversold signals.
EMA: The price is running above EMA7 (3375.40) and gradually approaching EMA30 (3430.12), indicating a short-term bullish trend. However, attention should be paid to whether it can break through EMA30 to confirm a stronger uptrend.
Volume:
In recent cycles, there has been a decrease in trading volume, and the market sentiment is cautious.
After a substantial increase on December 23rd, the trading volume decreased on the 24th, indicating some profit-taking.
【Buy/Sell Points】
Buy Point 1: 3350 USDT (close to the previous low, potential support may exist)
Buy Point 2: 3300 USDT (integer support level, and close to the lowest price near December 23rd)
Long position stop-loss point: 3275 USDT (slightly below the lowest price on December 23, to prevent false breakouts)
Sell Point 1: 3450 USDT (Near EMA30 resistance level, possible selling pressure)
Sell Point 2: 3500 USDT (integer barrier pressure, historical high area)
Short-selling stop-loss point: 3550 USDT (higher than the second selling point, to avoid being liquidated by market fluctuations)
4-hour price trend of ETH: sideways
Based on data model derivation, analysis does not constitute investment advice, for reference only!