WAVES price crashes 50% in one week — watch these support levels next
The latest brutal selloff in WAVES leaves it below a key support level and at risk for more downside. Waves (WAVES) lost around half its value in April so far and risks further correction due to weakening technical and fundamental factors.WAVES price risks another 30% decline WAVES dropped from nearly $64 on March 31 to around $27.50 on April 7 — down by over 55%. As it fell, the WAVES/USD pair also broke below a key support confluence, hinting further correction.Notably, the confluence comprises WAVES' 50-day exponential moving average (50-day EMA; the red wave) and the 61.8% Fib line of....
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WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....
The Waves protocol (WAVES) price has remained in a channel against Tether (USDT) as it attempts to break out of this trend. Despite the recent shift in the market trend, Waves protocol (WAVES) has shown little to no significant movement, as many altcoins rallied and produced double-digit gains. (Binance data) Related Reading: Bitcoin Trading Hikes On DBS Digital Exchange Despite Crypto Winter The Weekly Chart Analysis For WAVES Protocol (WAVES) According to the chart, WAVES hit a weekly low of $4.2, then bounced back to $5. Considering its all-time high of more than $60, this isn’t....
Here's a look at what we are focusing on in the bitcoin price this morning. So at the end of last week, our primary focus was the volatility that we had seen in the bitcoin price across the previous few days. Basically, last week started out relatively flat, but then over the middle of the week, price took a dive, and closed out trading somewhere in the region of the high 900’s. We weren’t sure whether price which remain there, and that the level would hold out as support, but we set up some levels heading into the weekend anyway, and crossed our fingers. As it turns out, price did dip a....
The Ethereum price has been one of the best performers in the cryptocurrency market in the third quarter, reaching a new all-time high at the end of August. However, the second-largest cryptocurrency has struggled to build on this record-setting momentum in September. With September and the third quarter of 2025 almost done, the Ethereum price appears to be struggling to reclaim the psychological $4,000 support level. Below are the critical support levels to watch for should a deeper correction occur, according to the latest on-chain data. Is $3,500 The Next Stop For ETH Price? In a....
Elliott Waves are a popular yet controversial technical analysis indicator. This post will explore the relevance of Elliott Waves for bitcoin trends. Elliott Waves are a technical analysis indicator to predict future price trends. The principles of Elliott Waves are founded on the belief that markets follow predictable sequences of optimism and pessimism. The sequence of a bull market follows the below pattern. A bear market follows an exact opposite sequence. To learn how to apply Elliott Waves,watch this tutorial by DanV, a very popular Trading View bitcoin chartist.