
Are you tracking the Walrus (WAL) Price and wondering if it’s the right time to move? You’re in the right place. The technical indicators point to WAL Price developments through an analysis of recent market trends. The Walrus Price demonstrates potential despite its recent uncertain movement and volatile market shifts. WAL recently tried to recover but its key resistance points continue to block its path. The price action remains limited within two strong opposing levels which together form a resistance area and support area. Market participants are observing for WAL price breakout because the RSI and MACD indicators generate conflicting signals. The recent price behavior provides value to short-term traders and long-term holders when making their next financial move. Let’s take a closer look.
WAL Price Analysis For May 4, 2025
The WAL Price remained confined within a restricted price bracket from 00:00 UTC until 03:00 UTC UTC today. The price maintained a steady position at $0.55 while it could not establish a lasting rise above $0.556. The price formed a golden cross on MACD which pointed to upward movement however these signs soon disappeared. The $0.556 level received seller responses and thus established itself as temporary resistance. This period saw no traders contesting the price area which extended from $0.575 to $0.58.
Chart 1- Analysed By Anushri Varshney, Published On TradingView, May 4, 2025
Between 03:00 and 06:00 UTC, the Walrus Price rapidly declined. The upward channel from which originated reversed which indicated negative performance potential. During this period the MACD displayed a death cross which effectively established the bearish trend. Between 05:00 UTC the RSI fell drastically from overbought areas and reached its minimum value in oversold areas. Market panic had intensified by presenting clear signs of people both selling frantically and reducing their profits. The price received support at $0.534 just above its robust support zone at $0.525.
Recovery Attempts and Consolidation Define the WAL Movement
During the UTC period from 06:00 to 09:00 WAL Price demonstrated powerful recovery mechanics at its base of support. The MACD displayed another golden cross during this period and the RSI moved upward from its oversold condition until it approached the middle of the 50s. The price action created an upward pattern with enhancing lows and highs that indicated rising bullish trends in the short run. The WAL price revisited $0.553 once more as it demonstrated strength before falling short of cleanly surpassing its previous resistance zone. The attempt to reverse received better validation when trading volume rose moderately. However, the lack of a clear breakout above $0.556 suggested cautious optimism among traders.
Between 09:00 UTC and the rest of the period, Walrus Price maintained a stable range from $0.548 to $0.554. RSI maintained a neutral position at level 59 so buyers maintained similar selling strength. The MACD generated a brand-new death cross indicating potential diminishing bullish strength. A convincing price close above $0.556 would be essential for the prices to break away but failure to achieve this level will increase the probability of support zone retesting at $0.53 — 0.525.
Short-Term Outlook for Walrus Price
The current price action of the Walrus coin shows consolidation at an average to optimistic trend for the coming short-term period. The $0.525 support area functions as a robust purchase zone yet an obstacle at around $0.556–$0.56 prevents the price from rising further. WAL price breaking past its resistance levels at $0.575–$0.58 will probably trigger an upward movement when combined with high trading volume and RSI values greater than 60. The lack of a successful WAL breakout will create a new retesting opportunity for the lower support zones. The indicator signals match the market’s uncertain state although it shows growing market strength. A sustained momentum rise above $0.56 by bulls would provide prices with an opportunity to launch into a new uptrend.