WAVES Price Prediction Today: Daily (WAVES) Value Forecast – July 25

  • WAVES/USD market still relatively features in a bearish outlook.
  • Bearish moves are expected to take over the market's ride after a decent line of resistances forms around the trend-line of the Bollinger Upper Band.

WAVES/USD Medium-term Trend: Bearish

  • Resistance levels: $1.60, $1.70, $1.80
  • Support levels: $1.20, $1.10, $1

In spite of a sign of slight up rise in the valuation of WAVES market as paired with the US dollar in the medium-term run, the price level still relatively features in a bearish outlook. The crypto’s trend is now between a high value at $1.50 and $1.30 marks. But, the market is now trading around $1.40 point.

The 50-day SMA is over the Bollinger Middle Band around $1.40 mark. The Stochastic Oscillators have headed northwards near range 80 to signify the lengthy degree of the bulls’ capacity in the market.

The bears are most likely going to gain the market advantage around its current trading point at $1.40. While the $1.50 remains a key point of resistance to furthering market rise.

WAVES/USD Short-term Trend: Ranging

As at the first formation of 1-hour candlestick today, the WAVES/USD market emerged as being bullish. But, the subsequent formations over a couple of hours have formed in ranges of $1.45 and $1.40 marks. Yesterday’s sessions witnessed a 1-hour bearish candlestick among its rising moves to the north. The Bollinger Bands point more to the north. The 50-day SMA is between $1.40 and $1.35 price levels. The Stochastic Oscillators are in the overbought zone.

The bulls are expected to get back in this crypto-market on a gradual process. Meaning that the market will face resistances mostly it trades around the trend-line of the Bollinger Upper Band.

Waves:

Live waves (WAVES) Price:

1 WAVES/USD =$2.3522 change ~ 7.02%

Coin Market Cap

$242.31 Million

24 Hour Volume

$11.17 Million

24 Hour VWAP

$2

24 Hour Change

$0.1651

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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