WAVES
Fundamental Analysis
Introduce
Waves is a blockchain platform to let people Issue, store, manage, trade, and analyze their digital assets safely with Waves blockchain platform and decentralized exchange.
BasicInfo
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | WAVES | Market Cap | 154300000 |
| Name | Waves | White Paper | -- |
| Web Site | https://wavesplatform.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | http://wavesexplorer.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | -- | |
| Supply | -- | Release Date | 2016-05-30 |
| Available Supply | 100000000 |
Technical Analysis
Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2024-12-31 | 1.584 | 1.584 | 1.485 | 1.542 | 340095.286342 |
| 2024-12-30 | 1.707 | 1.707 | 1.536 | 1.586 | 1740738.348042 |
| 2024-12-29 | 1.578 | 1.753 | 1.556 | 1.707 | 2015308.832479 |
| 2024-12-28 | 1.519 | 1.587 | 1.505 | 1.579 | 178957.720573 |
| 2024-12-27 | 1.498 | 1.549 | 1.465 | 1.521 | 385594.21545 |
| 2024-12-26 | 1.621 | 1.665 | 1.486 | 1.502 | 926053.410613 |
| 2024-12-25 | 1.665 | 1.78 | 1.601 | 1.621 | 1070176.73649 |
| 2024-12-24 | 1.658 | 1.673 | 1.588 | 1.66 | 630168.700993 |
| 2024-12-23 | 1.486 | 1.716 | 1.48 | 1.663 | 2916356.320578 |
| 2024-12-22 | 1.422 | 1.543 | 1.406 | 1.483 | 1142728.937021 |
| 2024-12-21 | 1.501 | 1.564 | 1.396 | 1.42 | 497233.421589 |
| 2024-12-20 | 1.432 | 1.53 | 1.262 | 1.5 | 930462.731628 |
| 2024-12-19 | 1.553 | 1.599 | 1.388 | 1.432 | 1028584.615352 |
| 2024-12-18 | 1.753 | 1.776 | 1.533 | 1.556 | 589404.369884 |
| 2024-12-17 | 1.838 | 1.842 | 1.721 | 1.741 | 346954.415974 |
| 2024-12-16 | 1.953 | 1.977 | 1.796 | 1.84 | 322945.539964 |
| 2024-12-15 | 1.927 | 1.983 | 1.856 | 1.951 | 229420.760122 |
| 2024-12-14 | 2.049 | 2.087 | 1.871 | 1.926 | 454581.248271 |
| 2024-12-13 | 2.018 | 2.134 | 2.002 | 2.049 | 1099091.671338 |
| 2024-12-12 | 2.03 | 2.125 | 1.916 | 2.018 | 1074133.522433 |
| 2024-12-11 | 1.907 | 2.071 | 1.758 | 2.029 | 1440692.957171 |
| 2024-12-10 | 2.003 | 2.122 | 1.72 | 1.907 | 1895917.138388 |
| 2024-12-09 | 2.445 | 2.445 | 1.747 | 2.004 | 1554062.724115 |
| 2024-12-08 | 2.464 | 2.464 | 2.36 | 2.444 | 1212186.243186 |
| 2024-12-07 | 2.434 | 2.664 | 2.366 | 2.467 | 3258362.306383 |
| 2024-12-06 | 2.484 | 2.486 | 2.287 | 2.432 | 2747003.48978 |
| 2024-12-05 | 2.364 | 2.719 | 2.348 | 2.485 | 8439422.881476 |
| 2024-12-04 | 2.144 | 2.733 | 2.063 | 2.364 | 7028567.656978 |
| 2024-12-03 | 2.125 | 2.187 | 1.91 | 2.151 | 2672833.481907 |
| 2024-12-02 | 2.219 | 2.219 | 1.985 | 2.127 | 3296599.80291 |
Analysis
The data suggests a significant downtrend over the past 30 days. Initially, the price experienced high volatility with substantial volume on December 4th and 5th, which saw a price spike followed by a correction. From December 6th to 9th, the price consolidated before experiencing another sharp drop. Between December 10th and 13th, there was a minor recovery which was quickly followed by another steep downward movement. The price found some stabilization between December 18th to 21th before showing a small rally, which failed to hold. Significant buying pressure on December 23rd was unable to sustain the prices for more than one day before further decline ensued. The last four trading days from Dec 27th to 31st, show a price that found weak support around 1.5, followed by low volume trading and a consistent decline. The overall trend suggests bearish momentum with a potential for further downside movement.
