WAVES Price Prediction Today: Daily (WAVES) Value Forecast – June 25
- WAVES/USD ranging market has characterized by variant short ups and downs presently.
- The bears may eventually push the market downwards for a while, to, later on, get weakened, to cause a bear's trap.
WAVES/USD Medium-term Trend: Ranging
- Supply levels: $2.50, $2.60, $2.70
- Demand levels: $2.10, $2, $1.90
The market operations of WAVE/USD have been characterized by variant levels of choppy price movement in the medium-term run. Lately, on June 22, the pair visibly surged past $2.50 mark. And, shortly, the upswing couldn’t hold long as the trade moved downward back into range zones around $2.50, $2.40, and $2.30 horizontal price levels.
All the indicators lie flatly in the range spots. The Stochastic Oscillators have slightly crossed to point to the south.
The WAVES/USD trade now seems to be under weak selling pressure in a range zone. However, a sudden downward against the $2.30 lower range point in the crypto-trade may also witness a quick re-bounce soon afterward.
WAVES/USD Short-term Trend: Bearish
The market worth of WAVES as paired with the US dollar has been relatively depreciating in valuation today. The pair failed to move beyond a price level at $2.40 mark. As a result, it slowly fell to a low market point at around $2.28.
The trend-line of the Bollinger Lower Band has been stretched southward to indicate the current market’s path to the south. As at the time of writing, the Bollinger Middle Band is located below the 50-day SMA. The Stochastic Oscillators now consolidate around range 20 and the oversold zone.
The market’s level at $2.30 mark, and the price levels before $2 line, the bulls may eventually build up support for their upswings in the market sooner than later.
Live waves (WAVES) Price:
1 WAVES/USD =$9.7996 change ~ 4.69%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.