WANCHAIN Price Prediction Today: Daily (WAN) Value Forecast – July 3


  • The short-term is in the uptrend while the medium-term outlook is in a range-bound market.
  • Patience should be exercise trading the consolidation.

WAN/USD Medium-term Trend: Ranging

Supply zone: $0.7000, $0.8000, $0.9000
Demand zone: $0.3000, $0.2000, $0.1000

WANUSD is in a range-bound market in the medium-term outlook. The coin has been in consolidation since 27th June. $0.3221 was the low while $0.3742 was the high during yesterday session. The bulls had control within the range as the market opens today at $0.3400 as they pushed the coin up to $0.3642.

The resistance at the 50-EMA may be broken in the medium-term with the signal of the stochastic oscillator pointing up at 56% which suggest upward momentum in price of the coin.

WANUSD is in consolidation and trading between $0.3900 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: Bullish

The short-term outlook of the cryptocurrency is in an uptrend. The market opens on a bullish note at $0.33390 with a bullish spinning top. The cryptocurrency rose to $0.3585 as the bullish momentum increased breaking the resistance at the two EMAs.

With price up at $0.3642 as the bulls confirm the takeover and journey up north, the signal of the stochastic oscillator points up at 69% affirming the upward price movement in the short-term.

$0.3750 in the supply area is on the card as more candles open and closed above the two EMAs.

Live Wanchain (WAN) Price:

1 WAN/USD =$1.4378 change ~ -12.86%

Coin Market Cap

$243.03 Million

24 Hour Volume

$14.64 Million

24 Hour VWAP

$2

24 Hour Change

$-0.18

 

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

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