WANCHAIN Price Prediction Today: Daily (WAN) Value Forecast – July 10


  • The short-term is in a downtrend while the medium-term outlook is in a range-bound market.
  • Traders may consider selling with bearish reversal candlesticks as conformation.

WAN/USD Medium-term Trend: Ranging

Supply zone: $0.7000, $0.8000, $0.9000
Demand zone: $0.2000, $0.1500, $0.1000

WANUSD continues in a range-bound market in the medium-term outlook. The bullish momentum was lost at $0.3790 in the range with the candle closing as an inverted pinbar during yesterday session. The coin dropped to $0.3317 as the session ended on a bearish note.

The market opens with the bears still in control as price drops further to $0.3742 within the range. The signal of the stochastic oscillator points down at 9% in the oversold region an indication of downward momentum within the range.

WANUSD is in consolidation and trading between $0.4000 in the upper supply area and at $0.3200 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

WAN/USD Short-term Trend: Bearish

The short-term outlook of the cryptocurrency is in a downtrend. The bears resume the downward price movement at $0.3598 around the trendline and pushed the coin to $0.3359 as low of yesterday session. The downward momentum was sustained as the market opens at $0.3549.

Increased bears momentum pushed price further down to $0.3267. wth price below the two EMAs and the stochastic oscillator signal pointing down at 14% in the oversold region, it suggests downward price movement with $0.3200 in the demand area as a key target in the short-term.

Live Wanchain (WAN) Price:

1 WAN/USD =$0.7732 change ~ 0.74%

Coin Market Cap

$130.7 Million

24 Hour Volume

$2.42 Million

24 Hour VWAP

$1

24 Hour Change

$0.01

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide