Hope

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>WBI share price prediction showcases that it may reach a high of 1.72 GBX by 2024 indicating an upside potential of 214.7%.&nbsp;&nbsp;&nbsp;&nbsp;</a> </li> 
 <li> <span>2</span> <a>Bulls are attempting a recovery after the price crashed below 1 GBX and hit a low of 0.2240 GBX.&nbsp;&nbsp;</a> </li> 
 <li> <span>3</span> <a>WBI share price trades lower than the key EMAs indicating a bearish outlook in the long term.&nbsp;&nbsp;&nbsp;&nbsp;</a> </li> 
</ul> 
<p>WBI share price experiences a short drawdown while attempting to recover. Recently, the price showed a breakdown below the key level of 1 GBX and crashed to a low of 0.2250 GBX.&nbsp;</p> 
<p>Moreover, the bulls are attempting a recovery and surged to a high of 0.895 GBX again. But the recovery seems to be losing momentum as the price has again started sliding lower. However, the bulls are still in the game and attempting to counter the selling pressure from the upper levels.&nbsp;</p> 
<p>The technical indicators imply that the stock price fell below the key moving averages of the 50-day and the 200-day EMA indicating a bearish trend prevailed in the short term as well as long term. The RSI seems to be recovering after falling into an oversold region.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="747" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88.png" alt="WBI Share Price Crashes Below 1 GBX, Analysts Hope For A Recovery" class="wp-image-179665" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-300x140.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-1024x478.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-768x359.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-1536x717.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-750x350.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-88-1140x532.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
 </figure>
</div> 
<h2 class="wp-block-heading" id="strong-wbi-share-price-prediction-2023-strong"><strong>WBI Share Price Prediction 2023</strong></h2> 
<p>Moreover, the price action analysis showcases that the trend shifted to the pessimistic side since the 1st week of October. Since then the price has wiped out nearly 80% falling from a high of 3.4 GBX to CMP 0.5 GBX.&nbsp;<br><br>The Bulls are attempting but seem to be losing the game at the moment. The price needs to surpass above 0.895 GBX to turn optimistic. However, it requires more buyers to counter the selling pressure faced by the upper levels.&nbsp;&nbsp;</p> 
<p>WBI share price forecast for the year 2023 has a wide range of outlook. The optimistic outlook of the analysts expects the price to reach a high of 1.36 GBX indicating an upside potential of 142.77%.<br><br>Moreover, if the bears dominate, then the price may slide to the lower level of 0.35 GBX thus, wiping out another 37.20% of its market value.&nbsp;&nbsp;&nbsp;&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-wbi-share-price-prediction-2024-strong"><strong>WBI Share Price Prediction 2024</strong></h3> 
<p>The analysts offering a price forecast for the year 2024 expect an upside potential of 214.7% that could take the price to a high of 1.72 GBX by 2024. The minimum price target that the stock price may reach by 2024 is 1.182 GBX.&nbsp;&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p><a href="https://www.thecoinrepublic.com/2023/11/06/rune-price-prediction-2024-to-2027-will-rune-reach-10-soon/" target="_blank" rel="noreferrer noopener">WBI share price </a>crashed from 3.4 GBX to 0.5 GBX and has shown a bearish outlook in recent months. The price has broken below the key moving averages and the key level of 1 GBX.&nbsp;</p> 
<p>The bulls are trying to recover but face resistance from the upper levels. The forecast for 2023 is a bit uncertain, as the price may reach a high of 1.36 GBX or a low of 0.35 GBX depending on the market volatility. The forecast for 2024 is likely to be optimistic, with a high of 1.72 GBX and a low of 1.182 GBX.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<ul> 
 <li><strong>Support Levels:</strong> 0.35 GBX and 0.225 GBX</li> 
 <li><strong>Resistance Levels:</strong> 0.895 GBX and 1.814 GBX</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.&nbsp;</p>

WBI Share Price Crashes Below 1 GBX, Analysts Hope For A Recovery

Table of Contents

Thecoinrepublic.com

Other articles published on Nov 7, 2023

SK Telecom Partners with Aptos for T Wallet Development

The stablecoin market stabilizes with new AI precision

Three Altcoins in November That May Leave Investors Feeling Remorseful

Crypto Market Analysis: Here’s When Traders Can Expect Bitcoin Price ATH and Bull Market Peak

TRON Outshines Bitcoin and Ethereum With 1.5M Daily Active Users

Cardano's ADA Sees Massive Accumulation by Large Whales

Join our free newsletter for daily crypto updates!