Waves (WAVES) Shows True Signs of Success, Observing 71.64% Growth in 7-Days’ Time
If you were to take a glance at the overall cryptocurrency at present, you would see that majority of them are in the reds. This is mainly because the general situation of the crypto market is in the red due to high-security reasons. Cryptocurrencies have taken a huge negative impact because of the ongoing conflict between Russia and Ukraine.
Among all the ruckus, there are Waves (WAVES) which seems to be taking no damage from the overall crypto market downfall. Instead, Waves has been enjoying a decent amount of success for almost a month as its value has only grown higher in this period.
Let us have a look at the performance of Waves in the past 30-days and also go through its technical analysis to see where it stands.
Waves’ Performance in the Past 30-days
Waves’ journey has been very successful in the past 30-days, as its value has only grown in the ascending channel in the particular time frame. A month back, the value of Waves was at $10.91 per WAVES, and since then, it has observed a 176.47% weighted surge.
If we look at Waves’ past 7-day performance, its value had reached the $17.9 per WAVES benchmark, observing a 71.64% surge. At the time of publication, its value is at $30.14 per WAVES, and it has observed a 35.42% surge in the past 24-hours.
Technical Analysis on Waves
The technical analysis data for Waves shows that the investors are eager to get their hands on WAVES. The digital asset has been in really high demand lately, as it is showing no signs of slowing down in the upcoming days.
The price of WAVES has grown significantly in the past 30-days, making it one of the top choices for crypto investors.
At the moment, the oscillators and the moving averages are siding with “strong-buy” sentiments for WAVES. The RSI is currently traveling alongside the 68.26 line, while the oscillators are hovering over 59.95. This means that the investors have strong sentiments about WAVES and its value may continue growing higher.
Future Price Predictions for WAVES
The overall analysis of WAVES clearly shows it is going for a strong bullish run and the support from the bulls is only growing stronger by the day. The data suggests that in the upcoming days, the value of WAVES may elevate to $34.66 per WAVES.
At the moment, almost 42% of the total investors are neutral about making any move in the WAVES market. However, as the buyers keep elevating WAVES’ price higher, these neutral investors may also migrate to the bullish zone. This would result in elevating the price of WAVES to $39.86.
If the rallies keep forming and more investors keep joining it, then the value of WAVES may end up surging to $45.83 per WAVES.