WAVES Price Prediction: Long-term (WAVES) Value Forecast – July 7
- The WAVES/USD market has presently been moving around the value at $2.
- A breakdown of $1.50 point will most likely lead the WAVES/USD trade line to test a lower mark of $1.
WAVES /USD Long-term Trend – Ranging
- Distribution territories: $3, $3.50, $4
- Accumulation territories: $1, $0.75, $0.50
Trade operations between WAVES and the US dollar have in the last several days turned out in range moving outlook. The last week’s sessions ended in a slight bearish trending format after a long line of choppy price movements around $2.50 mark
The 14-day SMA trading indicator is now located at $2 mark below the 50-day SMA indicator which is located a bit under the $2.50 price territory. The market has presently been moving around the value at $2. The Stochastic Oscillators have weakly bent downwards to consolidate intensely around range 20.
The current WAVES/USD ranging market trend now appears moving toward a low mark at $1.50. And, that may eventually serve as a baseline for the bulls to muster up their energy. In the meantime, a breakdown of the baseline mentioned will most likely lead the crypto’s line to test a lower mark of $1 as once witnessed during the last year’s November 2018 trading sessions.
Live waves (WAVES) Price:
1 WAVES/USD =$9.9567 change ~ 3.10%
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