- Walrus builds momentum with strong accumulation at $0.36–$0.44 and traders eye $0.70–$0.78 as the next potential target zone.
- LimeWire prepares for its 2025 Blocknode launch with a $30M market cap and rising investor interest as price nears key resistance.
- Both WAL and LMWR trade near breakout levels with volume support and strong fundamentals driving optimism for sharp upward movements.
The crypto market is entering a decisive phase as Walrus ($WAL) and LimeWire ($LMWR) show promising technical setups and product-driven growth. Analysts highlight key resistance zones, accumulation levels, and upcoming launches that could define the next rally.
The urgency builds because both assets are trading near critical price points where breakouts could spark sharp upward movements. Investors are closely watching to see how market activity unfolds.
According to CryptoBullet, $WAL has formed a strong accumulation base between $0.36 and $0.44. The price currently trades around $0.4265, showing a minor 5.12% decline.
Source: CryptoBullet
However, the support zone has repeatedly held, confirming strong buying demand. Once resistance breaks, the chart projects a rally toward $0.70–$0.78, marking Target Zone 1. Hence, traders are preparing for potential rapid gains if the breakout materializes.
WAL: Accumulation Building Momentum
The WALUSDT chart reflects a long downtrend from April through September, followed by a sharp rebound. Moreover, volume profile analysis reveals heavy concentration in the lower ranges, validating the accumulation zone. This strong base increases the likelihood of sustained upward momentum. Consequently, a resistance break could open the path toward higher valuations.
Additionally, Grayscale’s recent announcement of the Grayscale Walrus Trust has sparked further interest. Institutional involvement often strengthens credibility and may accelerate adoption. Hence, $WAL now combines technical strength with fresh market attention, increasing the odds of bullish continuation.
LMWR: Blocknode Launch Drives Optimism
Meanwhile, analyst Divine points to $LMWR as a project with significant upside. LimeWire plans to launch Blocknode in 2025, a decentralized version of Amazon AWS. The platform will run on its existing 5M+ users and vast data resources. With a $30M market cap compared to $500M for $WAL, many traders see room for rapid valuation growth.
Source: Divine
The price history shows dramatic surges. A 400% rally followed a November product announcement, then a correction led to long consolidation. However, mid-June sparked renewed momentum, and by August, $LMWR approached resistance at $0.04. Moreover, growing trading volume confirms rising investor interest.
