Trump Family Denies Distancing from World Liberty Financial Amid Speculation
- Leadership Clarification: Donald Trump Jr. and CEO Zach Witkoff reaffirmed at a Miami event that the Trump family remains actively involved with World Liberty Financial (WLFI) despite a brief removal of co-founder information from the website, indicating stability in the company's leadership and confidence for investors.
- Legal Action Update: WLFI has initiated a defamation lawsuit against Justin Sun, founder of Tron, in Florida, alleging “gross misconduct” in WLFI token transactions and short-selling to manipulate market value, a move aimed at protecting the company's reputation and safeguarding investor interests.
- Stablecoin Transparency: Witkoff emphasized that WLFI's USD1 stablecoin features transparent reserve verification through Chainlink integration, allowing users to independently verify reserves on the blockchain at any time, which enhances market trust and attractiveness for its stablecoin.
- National Bank Charter Application: WLFI's application for a national trust bank charter is reportedly in the final stages of receiving conditional approval, enabling the company to conduct banking operations related to its USD1 stablecoin, although the application faces scrutiny from Democratic legislators, highlighting the political implications for financial innovation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for WLFI
Technical Sentiment Analysis for World Liberty Financial (WLFI). As of , World Liberty Financial (WLFI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for WLFI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, WLFI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
World Liberty Financial (WLFI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.027 | 0.0391 | 0.0521 | 0.0642 | 0.0772 | 0.0893 | 0.102 |
| Fibonacci | 0.0391 | 0.0487 | 0.0546 | 0.0642 | 0.0738 | 0.0797 | 0.0893 |
About WLFI
About the author
