WANCHAIN Price Prediction Today: Daily (WAN) Value Forecast – July 15


  • The short and medium-term outlook is in the downtrend.
  • Responsible selling at key areas may be considered.

WAN/USD Medium-term Trend: Bearish

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

WANUSD is in a downtrend market in the medium-term outlook. $0.3200 in the lower demand area was broken and subsequently retested on 12th July a confirmation of bearish continuation in the medium-term. WANUSD plunges further down to $0.2623 in the demand area as the low of yesterday trading session.

$0.2660 was today 4-hour opening price, with the coin already down at $0.2394 in the demand area but the candle closed with a wick denoting exhaustion. Price rose to $0.3200 as correction of the impulsive downward movement.

Price is below the two EMAs with the signal of the stochastic oscillator parallel at 28% suggesting a brief consolidation before the bears stage a return for continuation in the medium-term.

WAN/USD Short-term Trend: Bearish

The short-term outlook of the cryptocurrency is in a downtrend. The bearish spinning top that opened today market at $0.2770 signaled the bears' resumption of the downtrend. WANUSD fell to $0.2394 in the demand area as the bulls returned.

The retracement got the coin up at $0.2681 the 38.2 fib area which is a trend continuation zone as the coin drops to $0.3200 in the demand area.

The stochastic oscillator signal pointing up at 14%, it suggesting an upward price movement up to the 38.2 fibs to form the double top formation, a structure that favour the bears. $0.2300 in the demand area as a key target in the short-term.

Live Wanchain (WAN) Price:

1 WAN/USD =$2.2848 change ~ 6.51%

Coin Market Cap

$386.19 Million

24 Hour Volume

$45.17 Million

24 Hour VWAP

$2

24 Hour Change

$0.15

 

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