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
Fundamentally, the ecosystem remains characterized by an actively circulating supply, with a total market capitalization standing at $114.09M. Trading activity has been brisk, as evidenced by a 24-hour volume of $12.93M, underscoring persistent liquidity and engagement from market participants. Over the past 24 hours, the asset has seen a change of 1.19%%, shaping current sentiment. Notably, market sentiment as reflected by a Fear & Greed Index reading of 60 indicates that traders are positioned in the 'Greed' phase, which can indicate heightened anticipation but also introduces the risk of sharp corrections. The dominance metric is not currently a defining factor for Waves, placing a stronger emphasis on internal fundamentals and unique value propositions to attract new inflows.
Technical Analysis
Waves is currently showing mixed signals from a technical perspective. The short-term trend, as indicated by the recent 7-day simple moving average, is moving upwards, hinting at some bullish momentum. This positive price movement is contrasted by the longer-term averages, where both the 30-day, 90-day, and 200-day SMAs indicate a downward trajectory. This suggests that, while there is renewed interest in the immediate term, a sustained breakout has not yet materialized. Volatility remains elevated over the past 24 hours, signaling that significant price swings are still common for Waves. This dynamic environment may present opportunities for technical traders who can capitalize on swift price movements, but also calls for prudence, as average trading volume has shifted over the course of 1 hour and 24 hours, hinting at variable participation across market sessions.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $1.65 | $0.86 |
| 2027 | $2.22 | $0.92 |
| 2028 | $3.05 | $1.15 |
| 2029 | $3.98 | $1.3 |
| 2030 | $5.1 | $1.62 |
Expert Prediction
Looking ahead, the analytic outlook for Waves is cautiously optimistic. While the asset has demonstrated a capacity for resilience given its recent momentum and upward movement in short-term technicals, the longer-term moving averages still trend downward. This juxtaposition creates an environment where price direction may hinge on sustained improvements in liquidity and positive sentiment, particularly as evidenced by ongoing $12.93M. The persistent volatility presents both opportunity and risk, making Waves suitable for experienced traders who can navigate swiftly changing market dynamics. If positive market sentiment, as shown by the current 'Greed' reading, persists, there is a chance for price acceleration; however, a lack of broad-based dominance may temper longer-term upside unless structural participation deepens.
| 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
