WAVES Price Prediction: Long-term (WAVES) Value Forecast – July 21

  • WAVES/USD market valuation is now in a fluctuation moving manner near the trend-line of the smaller SMA indicator.
  • The bear forces to back seeing more downs of this crypto-trade; may lack intensity afterward.

WAVES /USD Long-term Trend – Ranging

  • Distribution territories: $2.50, $3, $3.50
  • Accumulation territories: $1, $0.75, $0.50

The trade worth of WAVES/USD has dropped slightly to feature a series of lower lows around a low price territory of $1.50 mark about a week back. The market’s trend during the last sessions witnessed a bearish outlook. The crypto’s value is now in fluctuation moving manner near the trend-line of the smaller SMA indicator.

The 50-day SMA trading indicator is situated over the 50-day SMA with a spacebetween them. And, they both slightly point to the south to indicate the possibility of seeing more downward price movements in action. The Stochastic Oscillators have been in a consolidation moving mode tightly below range 20 in the oversold zone.

The bears are most likely going to have the market’s advantage even as the crypto’s value is now in a consolidation moving manner in the oversold market condition presently. Only that the forces to back seeing more downs of this crypto-trade; may lack intensity.

Waves:

Live waves (WAVES) Price:

1 WAVES/USD =$2.3529 change ~ 8.15%

Coin Market Cap

$242.38 Million

24 Hour Volume

$11.04 Million

24 Hour VWAP

$2

24 Hour Change

$0.1919

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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Azeez Mustapha
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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