WAVES Price Prediction Today: Daily (WAVES) Value Forecast – July 11

  • Finally, WAVES has succumbed to the US dollar's weighty pressure as $1.80 mark strong support level of the market has been breached southbound.
  • A strong bullish engulfing candlestick is needed to form around the Bollinger Lower Band to signify any possible end of the present downturn of the crypto-market.

WAVES/USD Medium-term Trend: Bearish

  • Resistance levels: $2.20, $2.40, $2.60
  • Support levels: $1.20, $1, $0.80

At last, the US dollar further exerts pressure on WAVES to the downside of the market’s trend. The crypto’s price has been going dip since July 7 while the market hit resistance around $2.20 mark. And, now, a new low point has been achieved since the inception of the crypto-trade.

The Bollinger Middle Band has intercepted the 50-day SMA from the top to indicate the intensity of the downward pressure. The Stochastic Oscillators have penetrated into the oversold zone to consolidate within it.

As the WAVES/USD market has come under bearish forces, the downward movement may continue slowly until another lower line of choppy moves occurs. Therefore, traders need to exercise some levels of cautiousness in opening a position now.

WAVES/USD Short-term Trend: Bearish

Yesterday’s trading operations of the WAVES/USD market saw a relative decrease in valuation. Today, the crypto has been put under a more selling pressure by the USD from a point $1.70 down briefly past a lower mark at $1.50.

Price has been trading around the trend-line of the Bollinger Lower Band. The 50-day SMA is located over the Bollinger Middle Band. The Stochastic Oscillators have slightly crossed at range 40. And, they appear to point to the south possibly afterward.

There are probabilities that these market may continue to succumb to downward pressure below $1.70 horizontal price mark. A strong bullish engulfing candlestick is needed to form around the Bollinger Lower Band to signify any possible end of the present downturn of the crypto-market.


Live waves (WAVES) Price:

1 WAVES/USD =$2.4947 change ~ 6.98%

Coin Market Cap

$256.99 Million

24 Hour Volume

$11.55 Million

24 Hour VWAP


24 Hour Change


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 Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

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


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Investors With Low Financial Literacy Are Twice As Likely to Own Crypto vs Market Gurus: Bank of Canada Report

A new study released by the Bank of Canada has revealed that folks with lower financial literacy are more likely to own Bitcoin than...

Love it or Hate it, UNI Token Stands to Benefit from Uniswap’s Evolution

After releasing the UNI token as part of Uniswap V3, the first update for Uniswap V3 has been made on Github. It might say...

Israeli Draft Bill Proposes Bitcoin be Defined as Currency to Cut Down the Hefty Capital Gain Tax

Four members of the Knesset, Israel’s legislative body, from the Yisrael Beiteinu faction, the secular nationalist political party, have submitted a private member’s bill...

TRON Partners With BitGo To Mint New Wrapped Bitcoin And Ethereum Tokens On Its Blockchain

TRON launches wrapped Bitcoin and Ethereum on its blockchain. The blockchain aims at taking over the raging DeFi market. Tron announced a partnership with...

More Urgent than Ever – Ethereum Layer 2 Solution Goes in its First Phase of Testnet Launch

Ethereum layer 2 solution Optimism is welcoming the first phase of the Optimistic Ethereum Testnet. This development has become a necessity of the market thanks...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today