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
Waves continues to command attention with a robust circulating supply and ongoing liquidity, reflected by recent trading volumes. The asset’s market capitalization sits within a competitive tier, and price activity over the past 24 hours suggests that traders are actively engaging with the market. Notably, current sentiment leans towards optimism, as evidenced by a prevailing greed reading on the sentiment index, which may indicate a growing appetite for risk among market participants. The observed 24-hour price change highlights the responsiveness of Waves to broader market movements and underscores the need for investors to stay alert to emerging trends.
Technical Analysis
Waves is currently displaying nuanced signals as observed through multiple technical indicators. The short-term moving average is trending upward, suggesting a recent surge in buying momentum. In contrast, the 30, 90, and 200-period simple moving averages are all heading downward, signifying that while there may be some immediate bullish sentiment, the longer-term trend remains under pressure. The price action has been notable for its elevated intraday volatility, indicating that traders are reacting swiftly to market events and sentiment shifts. Given these cross-currents, market participants should exercise caution, as such strong fluctuations may imply both risks and opportunities in the coming sessions.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $2.05 | $0.85 |
| 2027 | $2.45 | $0.95 |
| 2028 | $2.85 | $1.05 |
| 2029 | $3.2 | $1.2 |
| 2030 | $3.9 | $1.38 |
Expert Prediction
Looking ahead, technical and sentiment indicators suggest that Waves is positioned at a critical juncture. The convergence of upward pressure in the shorter-term average with persistent downward momentum in the longer-term averages creates a complex outlook. However, heightened volatility and strong trading activity may provide the backdrop for significant price swings. Taken together with the current sentiment favoring risk, Waves could experience both short-term rallies and potential corrections, making it essential for investors to closely monitor market signals and adjust strategies as trends evolve.
| Volume (24h) | $12.93M |
| Current Supply | 100.00M |
| Market Dominance | 0.00% |
| Circulating Supply | 100.00M |
| Volatility (24h) | 6846.02% |
| Fear & Greed | 63 (Greed) |
Other Price Predictions
