WAX(waxp)market reviews and price predictions
WAX market statement for 2023-05-26
Yesterday the price of waxp stood at $0.05. The market capitalization of the asset was $179 392 039. WAX’s volatility was established at 1.1%. The trading volume of the coin reached $4 105 889.
WAX prognosis for the next days:
We estimate the price of WAX to be $0.05 tomorrow 2023-06-03 and $0.06 on 2023-06-09;
We estimate the market capitalization of WAX to reach $192 806 363 tomorrow 2023-06-03 and $187 166 581 on 2023-06-05;
We estimate the volatility of WAX to become 1.61% tomorrow 2023-06-03 and 1.65% on 2023-06-05;
We estimate the trading volume of WAX to amount to $2 867 957 tomorrow 2023-06-03 and $3 089 571 on 2023-06-05.
Our recommendation for the pair WAXP/USD for tomorrow, 2023-06-03, to buy.
Red clouds gathered above the WAX market last week (May 20 - May 26) as the price went down by 7%.
The bearish behavior of WAX last week was characterized by the occurrence of downswings. The volatility of WAXP has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The bleeding market: WAX loses 7% between May 20 and May 26 as the selling pressure grows.
The price of WAX was falling last from May 20 until May 26, giving enough reason to conclude that the market is bearish. The volatility of WAXP has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on May 20 to May 26 resulted in WAX by 7%.
Between May 20 - May 26, WAX has been mostly bearish as its price has been in the falling mode. WAXP has been going through a period of low volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
WAX lost 7% in the period May 20 - May 26 as a result of selling pressure.
The price of WAX was falling last from May 20 until May 26, giving enough reason to conclude that the market is bearish. The volatility of WAXP has been low throughout the reviewed period in correspondence with the price action. There has been a fall in the market capitalization of the asset during the period under review. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The bleeding market: WAX loses 9% between May 19 and May 25 as the selling pressure grows.
The downward movement of the WAX price last week indicates the chosen market is bearish. WAXP has been going through a period of low volatility, which fell in line with the occurred price changes. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
Bearish price action on May 19 to May 25 resulted in WAX by 9%.
The analysis of last week’s price action shows that the WAX market is in the bearish phase since the price has been moving downward. The price swings of WAXP pointed to the presence of low volatility. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears stepped up a gear on May 19 - May 25, dropping the price of WAX by 9%.
WAX has been bearish last week as its price has been predominantly falling. WAXP was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
WAX lost 10% in the period May 18 - May 24 as a result of selling pressure.
The price of WAX was falling last from May 18 until May 24, giving enough reason to conclude that the market is bearish. WAXP was caught in a period of low volatility, which was reflected in its price action. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
WAX lost 10% in the period May 18 - May 24 as a result of selling pressure.
The analysis of last week’s price action shows that the WAX market is in the bearish phase since the price has been moving downward. WAXP was caught in a period of low volatility, which was reflected in its price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Last week’s (May 13 - May 19) irresolute WAX : the price moved up no more than 5%.
The price of WAX was rising last from May 13 until May 19, giving enough reason to conclude that the market is. The situation on the WAXP market shows that the underlying asset is currently experiencing a period of low volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.