WAVES Price Analysis
About Waves
Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain.
Market Overview
The overall positioning for Waves reflects a market undergoing adjustment amid prevailing uncertainty. The current price hovers at $1.14, while the market capitalization sits at $114.09M. 100000000 tokens are circulating, supporting a balanced supply dynamic. Trading activity over the past 24 hours has resulted in a volume of $12.93M, underscoring sustained engagement despite short-term hesitation. A recent change of 1.19% indicates tentative movement following a -3.91% shift over the past day and 0.00% over the preceding week. Market sentiment is characterized by a fear and greed index sitting at 23, classified as Extreme Fear, hinting at the presence of cautious or risk-averse market participants.
Technical Analysis
Waves (WAVES) is currently navigating a technically complex environment. Short-term momentum, as denoted by the 7-day simple moving average, is trending downward, suggesting that bearish pressure remains prevalent. However, the 30-day SMA, which reflects a broader view, is showing signs of recovery, trending upwards and signaling potential for medium-term consolidation or a reversal if buying volume persists. Longer-term indicators, including both 90-day and 200-day SMAs, continue to trend downward, reinforcing the notion that the larger trend has yet to fully transition out of a bearish phase. Additionally, substantial 24-hour volatility at 117.40% highlights the heightened short-term risk, emphasizing caution for traders seeking quick entries or exits. The combination of these indicators points to a market that’s searching for direction, with consolidation possible in the near term if key support levels hold.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $2.4 | $0.82 |
| 2027 | $3.9 | $1.1 |
| 2028 | $5.2 | $1.25 |
| 2029 | $7.3 | $1.44 |
| 2030 | $10.1 | $2.05 |
Expert Prediction
Given the current landscape for Waves, indicators suggest that the asset could remain range-bound in the immediate future. Market participants are weighing significant recent volatility at 117.40%, and the sentiment, shaped by an Extreme Fear reading of 23, suggests accumulation phases may be underway. Should upward momentum return and medium-term technicals continue trending favorably, a breakout could manifest into sustained price appreciation. Nevertheless, buyers will likely look for confirmation signals before committing to significant upward movement, with longer SMAs serving as critical resistance levels to monitor. The near-term market outlook hinges on risk appetite returning and the reestablishment of bullish confidence.
| Volume (24h) | $12.93M |
| Current Supply | 100.00M |
| Market Dominance | 0.00% |
| Circulating Supply | 100.00M |
| Volatility (24h) | 11740.40% |
| Fear & Greed | 23 (Extreme Fear) |
Other Price Predictions
