Wormhole Price Poised for Breakout as Cross-Chain Momentum Builds
The Wormhole price is exhibiting signs of an impending breakout following months of sustained downward pressure. Technical patterns emerging in Q3 2025 suggest a sharp upward movement may be imminent, with consolidation NEAR a critical resistance level indicating potential momentum shift.
Market analysts highlight an ascending triangle formation on W's price chart, typically a bullish indicator when accompanied by heavy volume accumulation. The current setup suggests a breakout could propel Wormhole toward $0.18 by September's end.
Fundamental catalysts are aligning with technical signals. Wormhole's ecosystem recently gained institutional credibility through PYTH Network's collaboration with a U.S. government agency, though details remain undisclosed. This development adds weight to the project's cross-chain interoperability thesis.