WAGMIGAMES

Fundamental Analysis

Introduce

WAGMI Games is a transmedia entertainment franchise that has carved a niche in the gaming industry by bridging the gap between Web3 and traditional gaming.

BasicInfo

Technical Analysis

Kline Data

Analysis

The data shows a clear downtrend over the past 30 days. Starting from high prices at the beginning of December, the price has significantly decreased with recent values reaching the lowest in the observed period. Trading volume has fluctuated, with higher volumes observed during price declines and volatility spikes, and lower volumes during periods of sideways trading. A notable price drop occurred between mid and late December, indicating a substantial increase in selling pressure. The most recent days show a slight decrease in volatility and lower trading volume, this could indicate that the downtrend is losing momentum, but it is not yet certain if a reversal will occur. The most recent closing prices are significantly lower than the opening prices at the beginning of the period. The closing prices over the last week shows a consolidation range at a very low level. The high volume spikes in early to mid December correlate with significant price drops. There is no strong signal of an immediate trend reversal, but the deceleration of the downtrend could be a precursor to a change. The market sentiment appears to have shifted bearishly during the analyzed period.