Waves Price Prediction 2024-2030
Article Coverage: Waves Price Performance, Waves Price Prediction 2024-2030, About Waves, Is Waves a Good Investment
What are the Signals and Predictions?
| Overall Outlook | Neutral |
| 1. Market's Wisdom | Partially Bearish |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Sell |
| 2. Crowd's Wisdom | Partially Bullish |
| 2a. Social Media Buzz | Higher |
| 2b. Social Media Sentiment | Steady |
In the next 24 hours, the overall sentiment for WAVES crypto price is Neutral. WAVES currently finds its first level of support at $2.1023 while the resistance for the WAVES Price is at $2.4993. If WAVES fails to hold above its first level of support, $1.9647 will be the immediate support. Alternatively, a breakout above its initial resistance is likely to draw in more buyers. The higher resistance level at $2.8963 may be retested or surpassed if buying pressure intensifies. The Signals Table above encompasses other factors include social media.
Summary: Neutral
| Technical Indicators: | Strong Buy | Buy: (3) | Sell: (2) |
| Moving Averages: | Strong Sell | Buy: (0) | Sell: (8) |
Oscillators
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 36.76, which indicates that the WAVES market is in a Buy position.
The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at -0.1995, which indicates that the WAVES market is in a Buy position.
| Name | Value | Action |
|---|---|---|
| RSI | 36.76 | Buy |
| CCI | -99.73 | Neutral |
| Awesome Oscillator | -0.4498 | Buy |
| Momentum | -0.3940 | Sell |
| MACD | -0.1995 | Buy |
| StochRSI | 50.32 | Neutral |
| Williams’ %R | -97.94 | Sell |
| Ultimate Oscillator | 36.37 | Neutral |
Moving Averages
| Name | Value | Action |
|---|---|---|
| SMA (10) | 2.4645 | Sell |
| SMA (50) | 3.1837 | Sell |
| SMA (100) | 2.8313 | Sell |
| SMA (200) | 2.5207 | Sell |
| EMA (10) | 2.4487 | Sell |
| EMA (50) | 2.8444 | Sell |
| EMA (100) | 2.8189 | Sell |
| EMA (200) | 2.5975 | Sell |
Pivot Points
Based on today's classical pivot point (P) with the value of $2.3617, WAVES has support levels of $2.1023, $1.9647, and the strongest at $1.7053. Similarly, WAVES resistance levels are at $2.4993, $2.7587, and $2.8963.
| Classic | |||||||
|---|---|---|---|---|---|---|---|
| S3 | S2 | S1 | P | R1 | R2 | R3 | |
| $1.7053 | $1.9647 | $2.1023 | $2.3617 | $2.4993 | $2.7587 | $2.8963 | |
- RSI - Relative Strength Index
- CCI - Commodity Channel Index
- MACD - Moving Average Convergence Divergence
- SMA - Simple Moving Average
- EMA - Exponential Moving Average
Waves Price Prediction 2024-2025-2030, Aggregated
| Waves Price Prediction 2024 | $4.73 |
| Waves Price Prediction 2025 | $8.77 |
| Waves Price Prediction 2026 | $11.9 |
| Waves Price Prediction 2027 | $15.5 |
| Waves Price Prediction 2028 | $19.9 |
| Waves Price Prediction 2029 | $25.7 |
| Waves Price Prediction 2030 | $32.2 |
Influencers Price Targets
- JavonTM1: $54.71
- Digishahed: $8.70
Is Waves a Good Investment
Waves is a community-driven stack of decentralized, open-source technologies designed to empower users to build scalable and user-friendly applications. Waves dives into the world of blockchain technology with a feature set designed to be versatile and user-friendly.
Features of Waves
Custom Token Creation: One of the hallmarks of Waves is its ability to create and launch custom crypto tokens. This empowers users to design their own tokens for various purposes without needing to be programming wizards. The goal is to make creating new tokens akin to launching a traditional web application. This ease of use has the potential to open up new avenues for businesses and individuals looking to leverage blockchain technology.
Decentralized Exchange (DEX): Waves incorporates a DEX, eliminating the middleman of a centralized exchange. Users can directly trade cryptocurrencies in a peer-to-peer fashion, offering more control over their assets and potentially greater privacy.
Proof-of-Stake Consensus Mechanism: To secure its network, Waves relies on a leased proof-of-stake system. In this system, users can stake their WAVES tokens, the native cryptocurrency of Waves, to participate in the process of validating transactions and earning rewards.
Smart Contracts: While not its initial focus, Waves has embraced smart contracts, allowing for the creation of more intricate applications on its platform. Smart contracts are essentially self-executing contracts that automate agreements between parties based on predetermined conditions.
Waves Price Prediction 2024: Why Waves?
As per the official website of Waves, these are the reasons for choosing Waves:
- Accessible: Waves opens doors to a realm of NFTs, DAOs, and innovative business models.
- Efficient: Waves ensures swift experiences at minimal costs, making scalability a top priority.
- Sustainable: Waves prioritizes eco-friendliness, maximizing blockchain potential with minimal carbon footprint.
- Inclusive: Waves foster openness by seamlessly connecting with other ecosystems, promoting easy interoperability.
What is Waves Crypto and its Uses?
WAVES is the native token on the Waves blockchain. Its uses on Waves blockchain are:
- Every transaction on the Waves network incurs a fee, payable in WAVES. These fees compensate users who participate in validating transactions and securing the network. If you want to create your own token on the Waves platform, you’ll need to pay a fee in WAVES.
- Users can stake their WAVES tokens to participate in the validation process and earn rewards. Staking essentially involves locking up your tokens for a certain period to contribute to network security.
In essence, WAVES tokens are the fuel that keeps the Waves ecosystem running.
Note: Please consult a registered investment advisor to guide you on your financial decisions.