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 Waves token ecosystem reflects a balance between circulating supply levels and trading activity, with current supply at 100000000 and a market capitalization of $114.09M. Over the past 24 hours, trading volume reached $12.93M, signaling strong market interest compared to the $145.15K average. Market sentiment is currently characterized by a value of 60 on the fear and greed index, classified as Greed, which points to a more optimistic participant stance in the near term. Recent daily price change of -2.93% and notable momentum in weekly movements point to an actively traded asset that investors are closely watching for bullish confirmations.
Technical Analysis
Waves is currently exhibiting a technically interesting setup, with price action having transitioned above its short- and long-term moving averages. The 7-, 30-, 90-, and 200-day simple moving averages are trending downward, illustrating prevailing bearish momentum. Notably, the asset’s 24-hour volatility sits at 70.78%, indicating significant price swings and heightened risk. Recent hourly price dynamics, reflected in -2.93%, suggest that the token is experiencing some retracement after previous gains. These confluences may hint at a consolidation phase before the market finds a clear directional bias.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $2.1 | $0.85 |
| 2027 | $2.65 | $1 |
| 2028 | $3.5 | $1.3 |
| 2029 | $4.8 | $1.5 |
| 2030 | $6.2 | $1.75 |
Expert Prediction
Given the convergence of down-trending moving averages and high volatility at 70.78%, a cautious approach is warranted despite the optimistic edge in market sentiment at 60 (Greed). If buying interest continues at current volume levels of $12.93M, and sentiment persists, the technicals could soon show stabilization or even trend reversal. Investors should observe key support and resistance levels, especially considering the subdued 0.00%, as any breakout could provide new trading opportunities. Summing up, while short-term uncertainty exists, the underlying demand and sentiment could position the asset for renewed momentum if macro factors remain supportive.
| Volume (24h) | $12.93M |
| Current Supply | 100.00M |
| Market Dominance | 0.00% |
| Circulating Supply | 100.00M |
| Volatility (24h) | 7078.45% |
| Fear & Greed | 60 (Greed) |
Other Price Predictions
