Walrus holds above its $0.04592 daily EMA200 as hourly momentum weakens

Image: The Cryptonomist
As of October 16, 2026, Walrus (WAL) trades at $0.04607 against USDT on Binance , leaving the Walrus price above its daily moving averages but under pressure on shorter timeframes. The main daily scenario is neutral with a constructive bias , yet the hourly chart does not confirm a renewed advance. Key takeaways Walrus (WAL) trades at $0.04607 on Binance as of October 16, 2026, holding above the daily EMA200 at $0.04592. The daily setup remains neutral with a constructive bias: price sits above the daily EMA20, EMA50, and EMA200, though the averages are not aligned bullishly. Hourly momentum stays weak with RSI at 38.3 and a negative but narrowing MACD histogram.
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