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
From a fundamental perspective, Waves continues to maintain a circulating supply of 100000000, supporting its standing within the broader market. The current market capitalization is $114.09M, a level that reflects moderate participation without reaching outsized dominance. Trading activity remains healthy, with a 24-hour volume of $12.93M, counterbalanced against a 1-hour average of $1.11K, suggesting that liquidity remains adequate for most trading strategies. However, sentiment is notably bearish, as evidenced by a Fear & Greed Index reading of 9, placing market participants firmly in the realm of Extreme Fear. Such sentiment frequently correlates with risk aversion, yet may also signal opportunities for value-seeking investors should market conditions shift.
Technical Analysis
Waves is currently exhibiting a complex technical profile, with several key indicators sending mixed signals. The short-term 7-day SMA is trending upward, suggesting a recent surge in momentum that has boosted the asset's outlook in the immediate term. However, the longer-term simple moving averages over 30, 90, and 200 periods are trending downward, highlighting sustained bearish pressure over the past few months. Notably, volatility over the most recent 24-hour period remains elevated at 161.39%, indicating pronounced price swings and uncertain directionality. This combination suggests that, while there may be emerging bullish sentiment on shorter timeframes, headwinds persist at larger scales, warranting caution for traders seeking stability. Market participants should closely monitor price action for confirmations before entering significant positions.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $2.2 | $0.85 |
| 2027 | $2.8 | $1.1 |
| 2028 | $3.1 | $1.3 |
| 2029 | $3.6 | $1.6 |
| 2030 | $4.2 | $2 |
Expert Prediction
Given the current backdrop of compelling, albeit mixed, technical signals and a cautious market sentiment, Waves appears to be in a transitional phase. With 6.01% positive over the last 24 hours and prevailing volatility, there's an argument to be made for strategic entries on dips, especially if the short-term upward signals consolidate further. However, the prevailing environment of Extreme Fear keeps broader growth in check, making it imperative for investors to prioritize robust risk management. Longer-term prospects will hinge on shifting market sentiment, increased adoption, and stabilization across key moving averages. Until those broader metrics recover, prudent positioning and vigilance are warranted.
| Volume (24h) | $12.93M |
| Current Supply | 100.00M |
| Market Dominance | 0.00% |
| Circulating Supply | 100.00M |
| Volatility (24h) | 16138.70% |
| Fear & Greed | 9 (Extreme Fear) |
Other Price Predictions
