WEST

Fundamental Analysis

Introduce

Waves Enterprise — is a universal solution for scalable digital infrastructures that combines features of public and private blockchain for corporate and government use.

BasicInfo

Technical Analysis

Kline Data

Analysis

The price shows significant volatility with several spikes and drops over the 30-day period.A substantial price increase is observed in late December, followed by a correction.The latest price movements indicate a potential downtrend.Volume is generally high during price fluctuations and lower during periods of consolidation.There is no clear trend, indicating market uncertainty and potential for unpredictable price movement.The most recent trading days show a slight downward trend with decreased volume, suggesting weakening upward momentum.A critical support level can be identified at the 0.01 mark, which has been tested multiple times.Resistance levels appear around 0.012 to 0.013, where selling pressure has been observed.The market sentiment seems to be neutral with periods of both optimism and pessimism.High volatility coupled with inconsistent volume indicates a lack of strong conviction from market participants.Future price movement could continue to fluctuate within the established range or break through identified resistance or support levels. Further price declines are likely if the 0.01 level is broken with significant volume.A breakout above the 0.013 resistance level might indicate bullish momentum. Market participants should be cautious of sudden price shifts and adjust their strategies accordingly.