Waves Coin Review and Analysis! The Decline May Continue!

  • Waves experienced a drop of more than 5% today.
  • Can Waves coin drop to the level of $1.66?
  • Levels that Waves investors should follow!

Will Waves coin continue to decline? What will be the future of Waves? Waves coin price prediction! Current Waves analysis!

Medium-Term Waves Coin Analysis!

Daily Waves Price Chart Source: TradingView

When we examine the Waves coin chart, it is trading below the important support level of $1.80. Waves coin was trading around $1.791 at the time of writing.

If Waves price makes daily candlestick closures below the level of $1.80 mentioned in the analysis, it can realize the downward movement to the range of $1.66 – $1.61.

The important support range that Waves should be followed is the levels of $1.66 – $1.61. If Waves coin makes daily candlestick closures below the level of $1.61, it can realize the downward movement to the level of $1.428.

The above Waves price chart contains important Fibonacci zones. You can click on the visual to examine it in detail.

If Waves coin continues to make daily candlestick closures above the level of $1.80, the price target will be the level of $1.98 mentioned in the analysis.

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Lucien Renard
Lucien Renardhttps://en.coinotag.com/
Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
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