WAVES/USD quotes are trading at 50.74 and continue to move within the growth and bullish channel. The capitalization of the Waves cryptocurrency at the time of the publication of the forecast is $9,657,539,982. Moving averages indicate the presence of a short-term bullish trend in Waves. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the rise from current levels. As part of the cryptocurrency exchange rate forecast for March 30, 2022, we should expect an attempt to develop a correction in the value of the asset and a test of the support level near the 42.05 area. Where can we expect a rebound and continued growth in the rate of the Waves digital asset with a potential target above the level of 72.05.
Waves Forecast and Analytics for March 30, 2022
An additional signal in favor of the growth of the quotes of the digital asset WAVES/USD is a test of the trend line on the relative strength index (RSI). The second signal in favor of the rise in WAVES/USD quotes will be a rebound from the upper limit of the bullish channel. Cancellation of the growth option for the Waves cryptocurrency on March 30, 2022 will be a fall and a breakdown of the 37.05 area. This will indicate a breakdown of the support area and a continued fall in the cryptocurrency rate with a potential target below the 27.55 area. With the breakdown of the resistance area and the closing of quotes above the level of 53.45, we should expect confirmation of the development of an upward trend in Waves.
Waves Forecast and Analytics for March 30, 2022 suggests an attempt to test the support area near the level of 42.05. Where should we expect a rebound and continued growth of WAVES/USD to the area above the level of 72.05. An additional signal in favor of the rise of the Waves digital asset will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be a fall and a breakdown of the 37.05 area. This will indicate a continued decline in the cryptocurrency with a potential target below the level of 27.55.
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