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Waves (WAVES) Prices Are Struggling Near The Level Of $1.08 After A Up-Surge

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  • WAVES resisting market bears and coming out as one of the to one major gainer of today’s market. Currently, prices are seeking stable support
  • The WAVES/BTC pair is performing positively with a slight gain of 21% bringing the levels to 0.00015211. 

Waves prices are able to pull an impressive climb and hit the highest point but unable to maintain a continuous climb up above the level of $1.15. Prices are fading with slight bearish momentum in the market and it might fall down to the level of $1.00

There is a resistance of $1.08, if prices will keep on maintaining their current nature and will keep on falling down they might get exposed to the wrong circumstances and will lose their current trading level, it will be very hard for them to break the current resistance present in the market. If they want to maintain a climb first they need to put a halt on fall and try to develop support level.

The WAVES prices are now trading below the level of $1.08 and it seems like this time it can fall a bit furthermore as they are lacking in the support. 

The market capitalization of WAVES is $106,310,645 USD with volume traded $133,992,908 USD and circulating supply of 101,629,744 WAVES.

waves
Source:tradingview

Waves Price Analysis

The technical chart shows that WAVES prices are moving in a slight negative momentum but there is a dominance of bullish momentum in other aspects, Bulls are trying their best to pull prices up above. The prices might develop a positive impact as a bullish trend is emerging.

The technical indicators and oscillators are reflecting strong buy in the buying trade of cryptocurrency.

MACD levels are in a bullish momentum currently, indicating that their bulls are performing well and priming up for a major breakthrough overbears.

The 24hr- RSI is performing well, it’s going with positive momentum, currently, it is in the bullish region with a positive upsurge.

The 24hr-CCI is moving in a flat divergence, as strongly it is maintaining a presence at the top of the normal region. Prices are still trying to continue there upsurge with ease if they act in their current manner.

Resistance level: $ 1.08
Support Level: $1.00

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