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Keep in mind that there is no way to predict the future with 100% success, and past performance is no guarantee of future results. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period.
Apr 17, 2021, was the day when a smart contract for token was started on the Binance Coin platform, approximately 2 years ago. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the WEX price. However, it’s important to consider both technical factors and fundamental factors (on-chain activity and development) before making the decision to buy WaultSwap or not.
What is Wexcoin?
It is important to remember that WaultSwap, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. wex coin price As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.
The Relative Strength Index momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold or overbought . Currently, the RSI value is at 43.18, which indicates that the WEX market is in a neutral position. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under Binance’s control. Binance is not responsible for the reliability and accuracy of such third-party sites and their contents.
The 200-day SMA is calculated by taking WaultSwap’s closing prices in the last 200 days, adding them together, and dividing the total by 200. Market cap is calculated by multiplying the asset’s circulating supply with its current price. The percent change in trading volume for this asset compared to 24 hours ago.
Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish. 50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the WEX price moves above any of these averages, it is generally seen as a bullish sign for WaultSwap. Conversely, a drop below an important moving average is usually a sign of weakness in the WEX market. HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for WaultSwap and the cryptocurrency market as a whole.
It is a simple way to accept payments or enable buying from almost anywhere – in your mobile app or online. There are currently 0 Wexcoin coins circulating out of a max supply of 0. This chart allows to forecast the WaultSwap WEX price change according to the number of people searching for it in Google. If you are planning to trade crypto, please consult a financial adviser. As of May 05, The market capitalization of WaultSwap is $8.9 Million, it’s ranked as #Array. Currencies that are positively correlated with WaultSwap indicate that the movement of one has a statistically significant weight to lead the other in the same direction.
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.
BBC Russia has reported that Dmitry Vasiliev, the former chief of Russian cryptocurrency exchange Wex, has been arrested in Warsaw, Poland. This typically involves on-chain metrics, project metrics and financial metrics of WaultSwap, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of WaultSwap from a long term perspective. Users of WEX, the cryptocurrency exchange built on the ashes of BTC-e, are reporting withdrawal problems. Crypto exchange WEX continues to see prices well out of step with the rest of the market amid the continuation of a near-total freeze on withdrawals.
By long-term, we mean that the Wexcoin forecast for a period of 5+ years. View the total and circulating supply of Wexcoin, including details on how the supplies are calculated. Use the calculator to convert real-time prices between all available cryptocurrencies and fiat. The data on the price of WaultSwap and other related information presented on this website is obtained automatically from open sources therefore we cannot warrant its accuracy. COINCOST is in no way related to the cryptocurrency WaultSwap, its developers and representatives.
Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of WEX. The market capitalization of WaultSwap can change significantly in a short period of time. We also gather additional information from different sources to ensure we cover all necessary data or events.
The most traded Wexcoin pairs in the last 24 hours are WEX/USDT and WEX/WBNB. When trying to make a WaultSwap forecast, many traders also try to monitor the activity of WEX “whales”, which are entities and individuals that control large amounts of WEX. Since the WaultSwap market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on WaultSwap’s price movements. WaultSwap traders use a variety of tools to try and determine the direction in which the WEX market is likely to head next. These tools can roughly be divided into indicators and chart patterns.
WEX Markets
Many cryptocurrency traders pay close attention to the markets when the current WaultSwap price crosses an important moving average like the 200-day SMA. We update WexCoin forecast projection regularly with fresh values. We making a forecast of future prices for huge amounts of digital coins like WexCoin with technical analysis methods. Wexcoin price prediction or you can say Wexcoin forecast is done by applying our in-house deep learning algorithm on the historical data of WEX. Based on the historical price input data the system predicts the price of Wexcoin for various period of the future.
- Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts.
- The trend and price charts for the past week shows that WaultSwap WEX has lost -31.75% to USD and over the past 24 hours, WaultSwap WEX has lost -26.78% to USD .
- This chart allows to forecast the WaultSwap WEX price change according to the number of people searching for it in Google.
- Since the WaultSwap market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on WaultSwap’s price movements.
Trading is a highly risky business, please consult with your financial advisor before making any decision. Some traders use different moving averages than the 50-day and 200-day SMAs to define death crosses and golden crosses. However, all definitions include a short-term SMA crossing above or falling below a long-term SMA. The RSI is a very popular technical indicator used to analyze prices of a variety of assets, including WaultSwap. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
Wexcoin is the #989 largest cryptocurrency by market cap as of May 05, 2023, with a market cap of $0 USD. Compared to other crypto coins which started the same year as WaultSwap it has below-average trading volume, average volume for the other 3457 coins started in 2021 is $198K while WEX has $13K. WEX is only traded on one exchange Gate and has only one pair of USDT. The WaultSwap death cross happens when WaultSwap’s 50-day SMA falls below the 200-day SMA. Traders usually interpret a death cross as a bearish signal for future price action, but the actual usefulness of this metric is controversial. The WaultSwap golden cross, on the other hand, is generally interpreted as bullish and happens when the 50-day SMA rises above the 200-day SMA.
What affects the price of WaultSwap?
Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about WaultSwap’s price action in 1-hour chunks. Each candlestick will display WEX’s opening price, closing price, as well as the highest and lowest prices that WaultSwap reached within the 1-hour period.
For currencies that are negatively correlated with WaultSwap, a move in one direction for WaultSwap would translate into a move in the opposite direction for the negatively correlated coin. The most recent Death Cross in the Bitcoin market happened 149 days ago, on Dec 06, 2022. Meanwhile, a Golden Cross last occurred on Oct 07, 2022, which was 209 days ago. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles.
WexCoin Price Prediction – WEX Forecast
The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. You can predict cryptocurrency prices by considering both on-chain and off_chain metrics, as well as technical indicators that take into account WaultSwap’s past price performance. Another tool you can use is to gauge the market sentiment to see whether investors are optimistic or pessimistic about WaultSwap.
???? What will be the highest price for Waultswap in the future?
Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings and Blockchain technology. Seeing today’s moment the algorithm says that the price of Wexcoin tomorrow will be around $0.0470. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Investment Analysis Historical performance and stats for all cryptocurrencies.GitHub Analysis Development activity on Github for open source cryptocurrencies. Fundamental Analysis Key factors and information to perform crypto fundamental analysis.
The purpose of a moving average is to smooth price action over a certain amount of time. Moving averages are a lagging indicator which means they are based on previous price action. In the table below you can find two types of moving averages, simple moving average and exponential moving average . These are some of https://cryptolisting.org/ the most common queries that impatient or amateur investors have. All we can do is use various algorithms and run technical analysis of the Wexcoin using its historical price data and perform Wexcoin forecast. If the future follows the same pattern as in the past, this predictions/forecast can be very accurate.
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