WAVES Price Prediction Today: Daily (WAVES) Value Forecast – June 11
- The trade worth of WAVES has been struggling to recover in a range moving mote against the US dollar price valuation.
- It could now be a good time to be on the lookout for the WAVES/USD market's buy set-up to join a presumed sentiment that may emanate afterward.
WAVES/USD Medium-term Trend: Ranging
- Supply levels: $2.50, $2.55, $2.60
- Demand levels: $2.20, $2.15, $2.10
The current range price movements of WAVES/USD market among the crypto-economies have been featuring within and around wide trading zones. The wide trading zones are depicted by horizontal lines at $2.45 and $2.25 marks on the 4-hour chart.
The Bollinger Bands are now trending mostly towards east direction. The 50-day SMA has bent slight downwards to touch the Bollinger Middle Band from the top. The Stochastic Oscillators have slantingly moved northward to point north-east near range 80.
The bears’ forces in this crypto-market have been on many trading occasions proved exhausted after getting a drop to see a low point at $2.25. Therefore, more bullish trading opportunities are now in the offing. Traders are only enjoined to be on the lookout for a decent buy set-up of this market.
WAVES/USD Short-term Trend: Ranging
The WAVES/USD market worth has been significantly dominated by higher highs than higher lows today. That could have been as a result of a notable sudden spike that occurred during yesterday’s trading operations.
The market sprang and maintained a bullish trend up to the point of trading slightly past the Bollinger Upper Band. The Bollinger Bands are now seemingly in an attempt to shrink near over the 50-day SMA. The Stochastic Oscillators now point to the north below range 80.
Indicators are now having it that the northward price movements may soon be in a gradual process along with the Bollinger Upper Band. Observantly, the market may get drop any point in time for the fact that it is now again found at a usual previous critical trading zone.
Live waves (WAVES) Price:
1 WAVES/USD =$33.2412 change ~ 2.30%
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