WAVES Price Prediction: Long-term (WAVES) Value Forecast – June 30
- WAVES/USD market moved visibly within a range while none of the trading sides overpowered each other around $2.50 price territory of the market.
- Indication still shows that the bears may find a stance in the WAVES/USD market near around the SMAs' trend-lines.
WAVES /USD Long-term Trend – Bearish
- Distribution territories: $3, $3.50, $4
- Accumulation territories: $1.50, $1, $0.50
Waves market worth has been overwhelmed by the valuation of the US dollar in the last couple of days until the present. In the last few weeks back, the crypto moved visibly within a range while none of the trading sides overpowered each other around $2.50 price territory of the market.
On June 26, the pair started to show a bearish signal characterized by notable erratic price movement which led to briefly seeing past the $2.50 at the upper end, and saw past $2 point at a lower point of the trade operations on the same trading day. The 50-day SMA indicator is located above the 14-day SMA. Price has to continue to trade around the said lower point. The Stochastic Oscillators have crossed a bit over range 20.
The Waves price may still be devalued by its counter currency (USD) while the bears’ impact on the market is holding stronger against the US dollar’s possibility of trying to rally from a low mark below $2 market territory.
Live waves (WAVES) Price:
1 WAVES/USD =$8.9873 change ~ -5.46%
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