New listing WBT token TODAY + The Fed meeting (FOMC)

2 בנוב׳ 2022

WBT token of the largest European crypto exchange WhiteBit continues to master the crypto space and is listing on other crypto exchanges.

We wrote about what WBT is and why we like the clear tokenomic of the project in our previous idea

WhiteBit team continues "to invade" the crypto market and today will hold the 3rd listing of its own WBT token on another crypto exchange - MEXC

After two previous listings of WBTUSDT on other crypto exchanges, the price of WhiteBit token reacted with growth.
Confident consolidation of the price above $10.25 and possible continuation of growth to one of the levels of $17, $18, or even $21.

On the other hand, now the price of WBTUSDT is close to the critical level - $10.25
Below it, there is no liquidity on the chart, and therefore the price may fall to $6. Therefore, it is also a good trading strategy to put "buckets" there for a possible price fall.

Separately, we would like to highlight and remind you that in 9 hours there will be a Fed meeting - Federal Open Market Committee (FOMC)
- Most likely, the financial markets will perceive the rate increase by the projected +0.75% or less positively.
- If the rate rises by +1% or more than forecast - the financial markets will be absorbed by "the red color".

Today, be careful and cautious when making trading decisions.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more