ALT5 Sigma Board Approves Strategic WLFI Token Purchases as Price Dips 16% to $0.12
The post ALT5 Sigma Board Approves Strategic WLFI Token Purchases as Price Dips 16% to $0.12 appeared on BitcoinEthereumNews.com.
London, February 1, 2026 (COINOTAG) – ALT5 Sigma’s board of directors approved a strategic decision to purchase additional WLFI tokens from the open market on January 29, signaling confidence amid a sharp 16.03% price decline to $0.12, according to company announcements and market data from CoinMarketCap. Supporting Market Data The approval comes as WLFI recorded a 24-hour trading volume of $278,347,707, with a daily high of $0.15 and low of $0.12. Despite the downtrend, the move by ALT5 Sigma could provide buying support, per the January 29 announcement at 13:04 UTC. Broader Crypto Market Context WLFI’s decline mirrors Bitcoin’s 5.40% drop to $78,590.59, with BTC in a bearish supertrend, cautioning altcoins. WLFI trades below its EMA 20 ($0.1576), EMA 50 ($0.1577), and EMA 200 ($0.1629), confirming the downtrend. Background on WLFI Developments WLFI has faced volatility, with technical indicators flashing oversold conditions: RSI (14) at 27.30, Stochastic K/D at 3.51/14.26, and price below Bollinger Lower Band ($0.1364). MACD remains bearish with a negative histogram. This corporate buy-in follows prior market pressures, potentially aiming to bolster token fundamentals. Technical Analysis Breakdown Key supports include strong S1 at $0.1153 (72/100 score, -6.34% distance) and multi-timeframe S1 at $0.1178 (79/100). Resistances start at R1 $0.1238 (73/100, +0.57%). Pivot point sits at $0.1270, with ATR volatility at 0.0133 signaling potential swings. Multi-timeframe confluences highlight 10 strong levels across 1D/3D/1W. Looking Ahead Traders should monitor if ALT5 Sigma’s purchases defend $0.1153 support or push toward R1 $0.1238. Oversold signals suggest a possible rebound, but sustained BTC downtrend poses risks to crash targets like $0.1056. Upcoming volume and board execution details will be critical, with moon targets at $0.2334. Strategy Analyst: David Kim Macro market analysis and portfolio management This analysis is not investment advice. Do your own research. Source: https://en.coinotag.com/alt5-sigma-approves-strategic-wlfi-token-purchases-price-dip
Filed under: News - @ February 1, 2026 10:22 am