- The WAVES coin price is in a downtrend, around -4.5%, during the intraday trading session.
- The 24-hour trading volume is at $326 million.
- WAVES/BTC pair is trading negative by -0.7% at 0.00058100 BTC.
Daily technical chart and price trend of WAVES coin are showing a bearish trend. Based on the pivot level, the first support zone is 21.80 USDT. From another perspective, if it rushes, the resistance level to watch is 30.0 USDT. Thus, the graph made a bearish harami candle pattern during the day, and the cost is relied upon to remain downside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost slips below the green ribbon, so it will guarantee a downswing in WAVES coin until it’s below the ribbon.
Trading volume (162.321 K) is underneath the 20-day moving average (1.258 M). To put it plainly, the volume is low, making the cost struggle at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The Schaff Trend Cycle indicator (bearish) with a 0.01 represents a sell signal in the coin, projecting a downtrend. Additionally, Investors can see a green buy signal and a downward slope in the index.
WAVES Coin Price Trend Cycle Flips to Negative
Waves is priced at $ 24.84 today and have a 24-hour trading volume of $ 326,965,652. WAVES prices have fallen -4.5% in the last 24 hours. It includes 100 million WAVES coins and a total circulation of 100 million. The STC points to a selling indication, and the traders have prompted low volume. In fact, the cost struggles at the support level. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $30.0
Support Level: $21.80