Is PROMPT the Next Big Thing? Find Out Why Everyone’s Talking! 😲💰

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Ah, the price of PROMPT, that whimsical creature, has leapt a staggering 13% upon its debut on Bithumb, as if it were a young lad suddenly discovering the joys of life. Now, it gazes longingly at a potential 45% upside, as bullish momentum swells like a summer storm cloud, promising rain but delivering only a drizzle of hope.

Wayfinder (PROMPT), in a fit of exuberance, has danced its way up to $0.28, having started its day at a humble $0.26 and flirted with an intraday high of $0.30. This delightful surge, accompanied by a 35% increase in trading volume, seems to have been spurred by its listing on Bithumb, as it spreads its wings across the grand stage of major CEXs—Coinbase, OKX, Bitget, MEXC, Gate.io, KuCoin, Crypto.com, and BingX. Quite the social butterfly, isn’t it?

Today’s jubilant rise has seen PROMPT break above both the 20 EMA and 50 SMA, though the 20 EMA, like a stubborn old man, remains below the 50 SMA after a bearish crossover in mid-May, which coincided with a rather unfortunate descent. Yet, recent price movements suggest that a local bottom may have formed around the $0.24 – $0.25 level, as if the market were taking a moment to catch its breath. It appears to be emerging from a double bottom pattern, a rather dramatic exit, if I may say so. After hitting the depths of despair at $0.24 – $0.25, PROMPT has managed to print a higher high and a higher low, much like a phoenix rising from the ashes.

Momentum indicators, those fickle friends, further bolster the optimistic outlook. The RSI is currently lounging at 58, indicating upward momentum while still far from the overbought territory—like a cat that has just eaten but is still eyeing the fish bowl. The MACD line has crossed above the signal line, and green histogram bars are rising like the sun after a long winter. Volume has also surged significantly on recent green candles, suggesting that accumulation is in full swing, much like a squirrel hoarding nuts for the winter.

Looking ahead, the immediate resistance level to watch is $0.30—today’s intraday high and a psychological barrier, not to mention a former support level from mid-May, just before the last major leg down. A decisive breakout above this level, with sustained buying, could pave the way for the next major resistance at $0.35. This level previously acted as a strong support zone after the swing high on April 30, before being cruelly flipped into resistance following a breakdown to the $0.30 level.

If the current momentum holds and buying pressure continues, Wayfinder could be poised for a broader recovery, potentially reaching $0.42, where support formed after a breakdown from its post-launch peak at $0.61. A tale of rise and fall, much like the fortunes of a wayward traveler.

With a market capitalization of just $65 million, Wayfinder has also gained recognition as one of the top 10 AI agent infra projects by mindshare, according to cookie.fun. A small fish in a big pond, but perhaps it will grow into a whale one day!

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2025-05-20 11:41