📢 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
【Price Trend Analysis】
1. Candlestick pattern:
- Recently, the price has fluctuated within the range of 2430 to 2560, with significant upper and lower wicks, indicating intense market competition between long and short positions.
- There was a significant Rebound on the daily K-line after a sharp decline, but overall it is still in a downward trend.
2. technical indicator:
- MACD: The fast and slow lines of the 4-hour MACD are both below the zero axis, and the DIF and DEA are gradually converging with negative values, indicating a weak Rebound signal. The daily candlestick level MACD also presents a similar situation, indicating a possible small Rebound in the short term.
- RSI: RSI on the 4-hour timeframe is approaching the oversold area (38.86) but has not fully entered it, indicating a certain demand for rebound. The RSI on the daily candlestick chart is also low (around 40), and there may be a technical rebound in the short term.
- EMA: The current price is below EMA7, EMA30, and EMA120, especially the death cross formed by EMA7 and EMA30, showing strong downward pressure. If the price can break through and stand firm above EMA7 (2458.34), there is a chance of further Rebound in the short term.
3. Trading Volume:
- Recently, the Candlestick and Trading Volume on the 4-hour chart have decreased compared to the previous period, indicating a strong market wait-and-see sentiment.
- Trading Volume at the daily candlestick level expanded on September 2nd and September 3rd, followed by a shrinking volume adjustment, indicating that the market entered a consolidation phase after a big pump big dump.