- Waves price bounced back to $10.29 from the support of $8.39 on Wednesday’s trading session
- The 24-hour volume in WAVES is at $90,599,112 with an 18% increase.
- The WAVES/BTC pair was trading at 0.0001874 BTC with a loss of 1.64%
The 4-hour technical chart of Waves price projects an uptrend. According to pivot points, Waves critical support level is placed at $8.39. Whereas if it moves up, the key resistance level to watch is $13.05. While diving into the weekly chart of a 4-hour time-frame, it completes a bearish engulfing candlestick pattern.
SMA-50 & 100 acts as another strong support in the coin. SMA-50 (purple) intersects the SMA-100 (white), which projects a beginning of a bullish trend. The price is above the SMA’s. Investors may perceive a positive crossover in the chart, the price will also follow the positive trend.
RSI indicator (BULLISH), with a value of 54, indicates a buy signal in the coin. Moreover, Investors can see a flat line in the index, it may surge more in future trading sessions.
WAVES Gearing up for 26% Returns
Waves price traded at $10.29 with a loss of 3.10% in the last 24-hour and is also at a loss of 4% in the weekly time-frame. In contrast, the market capitalization stands at $9 billion. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $13.05.
We are sorry that this post was not useful for you!
Let us improve this post!
Tell us how we can improve this post?