Latest SwftCoin (SWFTC) Price Analysis

By CMC AI
04 October 2025 02:04PM (UTC+0)

Why is SWFTC’s price down today? (04/10/2025)

TLDR

SwftCoin (SWFTC) fell 2.92% over the last 24h to $0.00860, diverging from the broader crypto market’s 0.92% gain. The drop aligns with profit-taking after a 9.19% weekly rally and thin liquidity amplifying volatility.

  1. Technical Pullback – Profit-taking near key resistance after 7-day surge

  2. Liquidity Risks – Trading volume fell 34%, turnover ratio at 1.52% signals fragility

  3. Network Caution – SWFTC’s August 15 warning about fake tokens may have spooked traders

Deep Dive

1. Technical Pullback (Bearish Impact)

Overview: SWFTC rose 9.19% in the past week, peaking near its 30-day SMA resistance ($0.00872). The RSI14 (50.73) shows neutral momentum, but the MACD histogram (+0.000099) suggests weakening bullish pressure.

What this means: Short-term traders likely sold near the SMA, a common resistance level. The lack of momentum (RSI near 50) and bearish crossover risk (price below 30-day SMA) reinforced profit-taking.

What to look out for: A close above $0.00872 could signal renewed bullishness, while failure risks a retest of the 200-day SMA ($0.01148).

2. Liquidity Risks (Mixed Impact)

Overview: SWFTC’s 24h volume fell 34% to $1.3M, with a turnover ratio of 1.52%—below the threshold for stable liquidity.

What this means: Thin markets magnify price swings. The volume drop reduced buy-side support, making SWFTC vulnerable to sell-offs. However, the 7-day uptrend suggests accumulation may resume if volume rebounds.

3. Network Caution (Bearish Impact)

Overview: On August 15, SWFTC warned users about fake tokens on unauthorized networks, urging contract verification.

What this means: While proactive, the alert may have raised concerns about scams diluting SWFTC’s brand or liquidity. Combined with the price dip, it likely triggered defensive selling among risk-averse holders.

Conclusion

SWFTC’s dip reflects routine profit-taking after a strong week, exacerbated by low liquidity and caution around network security. Traders should watch for volume rebounds or a breakout above $0.00872 to gauge momentum.

Key watch: Can SWFTC hold support at its 7-day SMA ($0.00842) to prevent deeper correction?

Why is SWFTC’s price up today? (03/10/2025)

TLDR

SwftCoin (SWFTC) rose 4% over the last 24h, outperforming the broader crypto market (+0.8%). The move aligns with a 15% weekly gain but remains 0.9% below its 30-day average. Here are the main factors:

  1. Fee reduction utility boost – SWFT Blockchain cut swap fees to 0.1% (0.05% with SWFTC), incentivizing token demand.

  2. Technical breakout confirmation – Price crossed key moving averages, signaling short-term bullish momentum.

  3. Social engagement surge – Recent Bridgers protocol tweets amplified visibility amid cross-chain demand.

Deep Dive

1. Fee Reduction Utility Boost (Bullish Impact)

Overview: On June 25, 2025, SWFT Blockchain reduced swap fees to 0.1% (from 0.3%), with an ultra-low 0.05% rate for SWFTC users. This directly ties token utility to cost savings.

What this means: Lower fees incentivize SWFTC adoption for cross-chain swaps, increasing transactional demand. The 83% fee cut for token users creates a clear value proposition, potentially driving buy pressure from active traders and DeFi users.

What to watch: SWFTC’s 24h volume ($2M) remains below yearly highs – sustained fee-related usage could signal durability.

2. Technical Breakout Confirmation (Mixed Impact)

Overview: SWFTC ($0.00884) trades above its 7-day SMA ($0.00829) and EMA ($0.00841), confirming short-term bullish momentum. However, it faces resistance at the 30-day SMA ($0.00872).

What this means: The MACD histogram turned positive (+0.000076), suggesting upward acceleration, while RSI (49.36) leaves room for gains before overbought territory. A close above $0.00875 could target the 23.6% Fibonacci level ($0.00938), but failure risks a pullback to $0.00807 support.

3. Social Engagement Surge (Bullish Impact)

Overview: SWFT’s August 12 tweet promoting Bridgers’ cross-chain efficiency garnered traction, coinciding with the price uptick.

What this means: While not a direct catalyst, amplified visibility in a neutral sentiment market (CMC Fear & Greed: 57) may have attracted speculative interest. SWFTC’s 24h volume rose 2.8%, suggesting retail participation.

Conclusion

SWFTC’s fee-driven utility upgrade and technical momentum converged with retail-friendly social messaging, driving its outperformance. However, weak volume growth relative to its $88M market cap hints at fragility. Key watch: Can SWFTC hold above $0.00875 to confirm a breakout, or will profit-taking reverse gains?

CMC AI can make mistakes. Not financial advice.