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WhiteBIT Coin hits $34 amid strong bullish momentum

  • WhiteBIT Coin (WBT) has hit a new all-time high amid strong bullish momentum.
  • WhiteBIT has listed the HOME token and launched HOME/USDT trading.
  • WhiteBIT has teased a major football partnership, fueling further hype.

WhiteBIT Coin (WBT) surged to a new all-time high of $34.10 on June 12, 2025, marking a major milestone for the rapidly growing crypto project.

The latest price action reflects a strong wave of bullish momentum that has gripped the token, lifting it well above recent resistance levels and signalling growing investor confidence.

The price has soared 7.5% in the past 24 hours and now trades at its peak daily value, with the 24-hour low recorded at $31.70.

Compared to the previous week, WBT has gained 8.9%, and its monthly performance now stands at an impressive 13.0%, showing a steady and convincing uptrend.

Over the past year, WBT has rallied by an extraordinary 247.6%, making it one of the top-performing digital assets among its peers.

WhiteBIT Coin price chart

This growth places WBT at position 34 in the global crypto rankings, with a market cap exceeding $4.9 billion and a fully diluted valuation of over $11 billion.

Why is the price of WhiteBIT Coin (WBT) rising?

1.     Fresh token listings on WhiteBIT exchange

One of the key developments fueling the surge in WBT’s price is the recent listing of the $HOME token on the WhiteBIT exchange.

Earlier today, WhiteBIT announced the launch of trading for the HOME/USDT pair, drawing attention to its expanding range of decentralised finance (DeFi) assets.

The platform also introduced HOME-PERP to its futures trading section, boosting trading volume and interest from derivative market participants.

This move not only enhances the exchange’s utility but also underscores its commitment to supporting emerging blockchain projects.

As WhiteBIT continues to list more tokens, its native coin, WBT, benefits from increased user activity and a more diverse trading environment.

2.     Community confidence, which is driving growth

Community enthusiasm also appears to be playing a vital role in WBT’s current price breakout.

In a tweet posted two hours ago, WhiteBIT celebrated WBT crossing the $33 mark, calling it a “historical moment” and inviting users to stack more tokens.

This public show of confidence reinforces the narrative that the project is not only gaining traction but is also backed by a passionate and expanding user base.

As investors react positively to these milestones, their growing confidence is translating into heightened buying pressure across markets.

Momentum like this often sets the stage for further upside, especially in a bullish crypto environment.

3.     Partnership with a European football club

The WBT’s price rise also coincides with WhiteBIT teasing a new partnership with an undisclosed European football club.

The announcement, made via X, has sparked speculation across the crypto community and suggests a broader marketing push by the exchange.

Strategic partnerships like these can significantly enhance brand visibility, attract non-crypto audiences, and elevate token demand.

For WBT, such exposure could translate into more holders, increased trading volume, and a stronger long-term growth trajectory.

With rising volumes, fresh token listings, strong community engagement, and major announcements underway, WBT’s rally appears to be supported by more than just short-term hype.

If bullish conditions persist and WhiteBIT continues its aggressive expansion strategy, the WBT coin could be poised for even greater highs in the days ahead.

The post WhiteBIT Coin hits $34 amid strong bullish momentum appeared first on CoinJournal.

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HBAR price dips 6.43% as volatility brews and CMF turns bearish

  • The Chaikin Money Flow is in negative territory, showing bearish capital flows.
  • Squeeze Momentum Indicator hints at upcoming price volatility.
  • Reclaiming $0.180–$0.188 may signal trend reversal, but outlook remains cautious.

HBAR has reversed its earlier gains this week, dropping 6.43% in the last 24 hours and settling at $0.1679. The altcoin’s short-lived rally of 13% failed to overturn a month-long downtrend.

hbar price
Source: CoinMarketCap

Investors remain cautious, with technical indicators now pointing towards sustained bearish pressure.

Key metrics like the Chaikin Money Flow and Squeeze Momentum Indicator suggest HBAR could face significant volatility ahead.

Unless buying interest returns quickly, the asset risks slipping further towards the $0.154 level in the near term.

Bearish CMF signals declining investor confidence

One of the clearest signals of HBAR’s faltering momentum comes from the Chaikin Money Flow indicator.

The CMF has now crossed into negative territory, suggesting that capital outflows are exceeding inflows.

This metric, which reflects buying and selling pressure, implies that investor confidence in HBAR’s short-term recovery is weakening.

Market participants are becoming increasingly cautious as trading volumes fail to support a rebound.

The earlier 13% price increase that briefly took HBAR out of its slump has been undone, with traders failing to follow through with sustained buying.

Without a shift in sentiment or a clear catalyst to spark demand, the coin’s price may remain under downward pressure.

At current levels, HBAR risks losing support at $0.163—a critical zone that, if breached, may result in steeper losses.

Squeeze momentum indicator shows volatility is incoming

Volatility is another major concern for HBAR. The Squeeze Momentum Indicator (SMI), which helps traders anticipate sharp price moves, has formed black dots over the past 48 hours.

This pattern typically suggests that a “squeeze” is developing, meaning a breakout—upward or downward—may be imminent.

As of now, the SMI bars remain red, reinforcing the bearish tone. However, traders are closely watching for a shift to green, which could signal a bullish reversal.

Until such a shift occurs, the indicator suggests that HBAR may continue to experience selling pressure.

The importance of this squeeze lies in its potential to trigger a large move in price.

Given the lack of current momentum and the negative readings from both CMF and SMI, the odds favour a downward move unless sentiment shifts decisively.

If the trend continues, HBAR could test lower levels around $0.154.

HBAR fails to recover from downtrend

The overall market structure for HBAR remains bearish.

Despite the temporary recovery earlier this week, the token has failed to exit the broader downtrend that has gripped it for over a month.

Price action shows a consistent inability to break past the $0.172 resistance level, a key point that analysts believe must be overcome for any bullish sentiment to return.

The next few trading sessions are crucial. A move above $0.172 would invalidate the current downtrend and may attract fresh buying.

In that scenario, HBAR could reclaim higher levels near $0.180 and potentially target $0.188.

However, without strong buying support, that outcome looks unlikely for now.

For now, the bearish indicators—negative CMF, red SMI bars, and failed breakout attempts—suggest that HBAR’s path of least resistance remains downward.

Unless the market sees renewed interest or a favourable external event, HBAR could continue facing headwinds in the coming days.

Key support and resistance zones to watch

HBAR’s immediate support lies at $0.163, a level that has held up in recent sessions.

A break below this threshold may expose the token to losses towards $0.154, intensifying the current downtrend.

On the upside, resistance remains at $0.172, followed by $0.180 and $0.188. Only a decisive move past these levels will mark a potential reversal and allow bulls to regain control.

The post HBAR price dips 6.43% as volatility brews and CMF turns bearish appeared first on CoinJournal.