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Waves Price Analysis: Rising RSI Hints Potential Rally To $20 Mark

coingape.com

Though the largest cryptocurrency, Bitcoin, is on its fifth losing streak, the Waves coin fights off the broader market sentiment and turns green on the intraday chart. The altcoin rebounds from the $12.75-$12 support zone with a morning star candle and reaches the $14.48 mark.

Read in Full: coingape.com
Bitcoin WAVES
$ 3.883

Timeline of Waves


Waves Price Analysis: Can EMA Death Crossover Bolster $12 Fallout? - Coingape

The V-top reversal from the $62.36 mark has plunged the WAVES price to $12 support. The falling price has breached multiple support levels and EMAs support, displaying a 78.23% loss.


A continued recovery in WAVES depends on these factors… - AMBCrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. While the sellers finally deny the bears an extended sell-off privilege at the $11.8 baseline, WAVES flipped the month-long trendline resistance to support.


WAVES: As the tide takes a bearish turn for the coin, not everything is as it seems - AMBCrypto

Waves [WAVES] was in the news after its prices saw a small recovery, but the tides have turned since then. In fact, when you zoom out and look at the candles with a bird's eye view, you can see that WAVES has been plunging into the red since the start of April.


Despite founder's conviction, why WAVES may be waving good-bye to a rally - AMBCrypto

This month was a fraught time for one alt coin community in particular. Between March and April 2022, Waves [WAVES] hit all-time-highs above $50 but since then, the price of the asset has plunged.

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