Sunday, November 27, 2022
 

Waves (WAVES) Price Prediction: Will WAVES Price Hit $10 in 2022?

  • Bearish Waves (WAVES) price prediction ranges from $7 to $11.
  • Analysis suggests that the WAVES price might reach above $20 soon.
  • WAVES bearish market price prediction for 2022 is $3.870.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Waves (WAVES) is one of them.

Waves is a community-driven stack of decentralized open-source technology for creating scalable, user-friendly applications. Waves cryptocurrency is a proof-of-stake blockchain network, decentralized exchange, and wallet that enables users to generate their own coins and exchange and trade cryptocurrencies effortlessly. The Waves protocol also supports smart contracts. 

If you are interested in the future of WAVES and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading!

What Is Waves (WAVES)? 

Waves is a blockchain platform that supports a variety of use cases, such as decentralized applications (dApps) and smart contracts. With Waves, users can build and launch their own crypto tokens. Waves enable the creation and trading of cryptocurrency tokens without the need for complex, innovative contract programming. Tokens can be created and controlled by scripts run under Waves user accounts.

Waves employs leased proof of stake, a variant of the proof-of-stake (PoS) consensus method, to keep its distributed network in sync. The Waves blockchain supports two types of nodes for running its software: full nodes and lightweight nodes. Lightweight nodes rely on full nodes for transaction confirmation and network interactions. 

Waves utilizes a modified proof-of-stake algorithm known as WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by a well-known Bitcoin advocate. WavesNG divides the Waves blockchain into “key blocks” and “micro blocks,” with a randomly selected proof-of-stake miner creating key blocks. Other nodes utilize a public key in this block to build multiple microblocks. Waves emphasizes that its code is open source, which allows for more confidence and simplicity of maintenance compared to closed source enterprise blockchain solutions.

Waves (WAVES) Current Market Status

According to CoinMarketCap, Waves (WAVES) is hovering at $4.54 at the time of writing, with a total of 109,245,082 WAVES in circulation. WAVES has a 24-hour trading volume of $72,748,039.15, with a 19.28% decrease. And during 24 hours, the price of WAVES decreased by 0.54%. 

The most popular exchanges to trade Waves (WAVES) are Binance, OKX, Bybit, Phemex, and MEXC. Let’s continue with our WAVES price research for 2022.

Waves (WAVES) Price Analysis 2022

Currently, WAVES ranks 75th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization. Will WAVES’s most recent improvements, additions, and modifications help its price rise? First, let’s focus on the charts in this article’s WAVES price forecast.

Waves (WAVES) Price Analysis – Keltner Channel

WAVES/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)
WAVES/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

When volatility bands are positioned on either side of an asset’s price, it is possible to determine the direction of a trend with the help of the Keltner Channel. The price of Waves (WAVES) can be predicted using the Keltner Channel indications for WAVES/USDT. The price is in the second half of the channel, meaning that people are selling WAVES rather than buying. Even after establishing a new trend, it is often smart to wait for a downturn or a better entry point to improve the reward-to-risk ratio.

Waves (WAVES) Price Analysis – Relative Strength Index

WAVES/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)
WAVES/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

In technical analysis, the relative strength index (RSI) is a momentum indicator. The RSI examines the speed and amplitude of a security’s recent price swings to determine if it is overvalued or undervalued. The value of the 1-Day chart is 38.51. RSI below 50 indicates that WAVES is currently facing a downtrend, and people have been dumping WAVES rather than buying.

Waves (WAVES) Price Analysis – Moving Average

WAVES/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)
WAVES/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)

Above is a daily chart of Waves (WAVES) 200-day and 50-day Moving Averages (MAs). Looking at the chart above, WAVES is now running sideways. The WAVES 50-day MA is below the 200-day MA (long-term), indicating that the market is entirely bearish.

However, the distance between the two moving averages is wide. Since the candlesticks are below 200-day MA, we can observe that the selling pressure is still going on and unable to reverse the trend.

Waves (WAVES) Price Prediction 2022

WAVES/USDT 1-Day Chart  (Source: TradingView)
WAVES/USDT 1-Day Chart  (Source: TradingView)

Looking at the daily chart of WAVES/USDT, the WAVES price was swinging from $4 to $7 after going to its lowest of the month at $4.313. Bouncing back from the support level, WAVES is now going sideways. We can expect the market to break out from the sideway soon.

Meanwhile, our long-term WAVES price prediction for 2022 is bullish if it cannot break the support level. We can expect WAVES to reach $10.117 this year. 

Waves (WAVES) Price – Resistance and Support Levels

WAVES/USDT 1-Day Chart (Source: TradingView)
WAVES/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of WAVES has decreased in the past few months.

Moreover, the price of WAVES has been down by 0.59% in the past 24 hours after a slight increase during the week. Suppose this price decrease is only a retrace during the bull run. In that case, WAVES might be breaking its $9.114 resistance 1 level and eventually moving higher to $10.117.

If WAVES cannot break the $9.114 resistance 1 level, the bears may seize control and dethrone WAVES to a downtrend stance. In simple terms, the price of WAVES might fall to almost $3.870, indicating a negative signal from the previous support level.

Waves (WAVES) Price Prediction 2023

If Waves (WAVES) ends at $11 or more in 2022, this will signal to investors that the effect of the recent crypto winter is over. This is because the price is above the current 200-day high price of WAVES, which stands at $12 at the time of writing. We expect the WAVES price to rise to $16.514 by 2023.

Waves (WAVES) Price Prediction 2024

The cryptocurrency market is known to repeat history, and most cryptocurrencies follow the Bitcoin trend. With 2024 as the year of the Bitcoin halving, there will be many sentiments toward the market, which is always bullish. We can expect the price of Waves (WAVES) to react positively to the news and trade at around $23.905 by the end of 2024.

Waves (WAVES) Price Prediction 2025

The effect of any Bitcoin correction is experienced in the following year from recent history. If WAVES ends in 2024 for $24 or more, we can expect the price of WAVES to grow in 2025. This could make WAVES trade at $32.057 or more in 2025, considering investors will be bullish.

Waves (WAVES) Price Prediction 2026

With the rise in cryptocurrency adoption in the mainstream, we can expect a possible market reversal in 2026 to have little impact on the recent gains in the price of WAVES. Hence, Waves could end in 2026 at around $40.961 or more. 

Waves (WAVES) Price Prediction 2027

The most bearish market is followed by market consolidation in the next year. If the year 2026 turns out to be bearish for WAVES, we could expect the market to stabilize in 2027 and even trade higher. Hence, it is possible to see WAVES trade at around $50.854 in 2027.

Waves (WAVES) Price Prediction 2028

Waves will likely trade above its 2025 price prediction of $63.457 in 2028 due to the Bitcoin halving. With the powerful sentiment of investors to buy more cryptocurrencies, a buy pressure could be seen in the market, which will make WAVES trade at around $85 in 2028. Also, WAVES is highly likely to break its all-time high value. 

Waves (WAVES) Price Prediction 2029

The most impact of a bullish sentiment resulting from Bitcoin halving is mainly experienced in the coming year. We can expect the price of WAVES to break more psychological resistance and trade around $99.851 by the end of 2029. Also, WAVES is highly likely to break its all-time high value. 

Waves (WAVES) Price Prediction 2030

The impact of cryptocurrency adoption could stabilize the market by 2030, sustaining the bullish gains of the previous years. Hence, we can expect the price of WAVES to trade above $158.742 by the end of 2030. Also, WAVES is highly likely to break its all-time high value. 

Conclusion

As said above, it may reach over $100 if investors have decided that WAVES is a good investment along with mainstream cryptocurrencies.

FAQ

What is Waves?

Waves is a blockchain platform that supports a variety of use cases, such as decentralized applications (dApps) and smart contracts. With Waves, users can build and launch their own crypto tokens. Waves enable the creation and trading of cryptocurrency tokens without the need for complex, innovative contract programming. Tokens can be created and controlled by scripts run under Waves user accounts.

How to buy WAVES tokens?

WAVES can be traded on many exchanges like other digital assets in the crypto world. Binance, OKX, Bybit, Phemex, and MEXC are currently the most popular cryptocurrency exchanges for trading WAVES. 

Will WAVES surpass its current ATH?

Since WAVES provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2022. Notably, WAVES has a high possibility of surpassing its current ATH in 2028.

Can WAVES reach $100 soon?

WAVES is one of the few active crypto assets that continues to rise in value. As long as this bullish trend continues, WAVES might break through $40.961 and reach as high as $100. Of course, if the current market favoring crypto continues, it will likely happen

Is WAVES a good investment in 2022?

WAVES is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that WAVES is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of WAVES?

The lowest WAVES price is $0.1227, attained on August 2, 2016, according to CoinMarketCap.

Which year was WAVES launched?

WAVES was launched in June 2016.

Who are the co-founders of WAVES?

WAVES was co-founded by Ukrainian-born scientist Alexander Ivanov.

What is the maximum supply of WAVES?

There is no data.

How do I store WAVES?

WAVES can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the WAVES price in 2023?

WAVES price is expected to reach $16.514 by 2023.

What will be the WAVES price in 2024?

WAVES price is expected to reach $23.905 by 2024.

What will be the WAVES price in 2025?

WAVES price is expected to reach $32.057 by 2025.

What will be the WAVES price in 2026?

WAVES price is expected to reach $40.961 by 2026.

What will be the WAVES price in 2027?

WAVES price is expected to reach $50.854 by 2027.

What will be the WAVES price in 2028?

WAVES price is expected to reach $63.457 by 2028.

What will be the WAVES price in 2029?

WAVES price is expected to reach $99.851 by 2029.

What will be the WAVES price in 2030?

WAVES price is expected to reach $158.742 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.

More Crypto Price Predictions:

  • Bearish Waves (WAVES) price prediction ranges from $7 to $11.
  • Analysis suggests that the WAVES price might reach above $20 soon.
  • WAVES bearish market price prediction for 2022 is $3.870.

Aside from Bitcoin (BTC) and Ethereum (ETH), there are other digital currencies worth considering for people looking to diversify their portfolios and get experience with new cryptocurrencies, Waves (WAVES) is one of them.

Waves is a community-driven stack of decentralized open-source technology for creating scalable, user-friendly applications. Waves cryptocurrency is a proof-of-stake blockchain network, decentralized exchange, and wallet that enables users to generate their own coins and exchange and trade cryptocurrencies effortlessly. The Waves protocol also supports smart contracts. 

If you are interested in the future of WAVES and want to know its predicted value for 2022, 2023, 2024, 2025, and 2030, keep reading!

What Is Waves (WAVES)? 

Waves is a blockchain platform that supports a variety of use cases, such as decentralized applications (dApps) and smart contracts. With Waves, users can build and launch their own crypto tokens. Waves enable the creation and trading of cryptocurrency tokens without the need for complex, innovative contract programming. Tokens can be created and controlled by scripts run under Waves user accounts.

Waves employs leased proof of stake, a variant of the proof-of-stake (PoS) consensus method, to keep its distributed network in sync. The Waves blockchain supports two types of nodes for running its software: full nodes and lightweight nodes. Lightweight nodes rely on full nodes for transaction confirmation and network interactions. 

Waves utilizes a modified proof-of-stake algorithm known as WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by a well-known Bitcoin advocate. WavesNG divides the Waves blockchain into “key blocks” and “micro blocks,” with a randomly selected proof-of-stake miner creating key blocks. Other nodes utilize a public key in this block to build multiple microblocks. Waves emphasizes that its code is open source, which allows for more confidence and simplicity of maintenance compared to closed source enterprise blockchain solutions.

Waves (WAVES) Current Market Status

According to CoinMarketCap, Waves (WAVES) is hovering at $4.54 at the time of writing, with a total of 109,245,082 WAVES in circulation. WAVES has a 24-hour trading volume of $72,748,039.15, with a 19.28% decrease. And during 24 hours, the price of WAVES decreased by 0.54%. 

The most popular exchanges to trade Waves (WAVES) are Binance, OKX, Bybit, Phemex, and MEXC. Let’s continue with our WAVES price research for 2022.

Waves (WAVES) Price Analysis 2022

Currently, WAVES ranks 75th on CoinMarketCap’s list of the biggest cryptocurrencies by market capitalization. Will WAVES’s most recent improvements, additions, and modifications help its price rise? First, let’s focus on the charts in this article’s WAVES price forecast.

Waves (WAVES) Price Analysis – Keltner Channel

WAVES/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)
WAVES/USDT 1-Day Chart Showing Keltner Channel (Source: TradingView)

When volatility bands are positioned on either side of an asset’s price, it is possible to determine the direction of a trend with the help of the Keltner Channel. The price of Waves (WAVES) can be predicted using the Keltner Channel indications for WAVES/USDT. The price is in the second half of the channel, meaning that people are selling WAVES rather than buying. Even after establishing a new trend, it is often smart to wait for a downturn or a better entry point to improve the reward-to-risk ratio.

Waves (WAVES) Price Analysis – Relative Strength Index

WAVES/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)
WAVES/USDT 1-Day Chart Showing Relative Strength Index (Source: TradingView)

In technical analysis, the relative strength index (RSI) is a momentum indicator. The RSI examines the speed and amplitude of a security’s recent price swings to determine if it is overvalued or undervalued. The value of the 1-Day chart is 38.51. RSI below 50 indicates that WAVES is currently facing a downtrend, and people have been dumping WAVES rather than buying.

Waves (WAVES) Price Analysis – Moving Average

WAVES/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)
WAVES/USDT 1-Day Chart Showing 200-MA and 50-MA (Source: TradingView)

Above is a daily chart of Waves (WAVES) 200-day and 50-day Moving Averages (MAs). Looking at the chart above, WAVES is now running sideways. The WAVES 50-day MA is below the 200-day MA (long-term), indicating that the market is entirely bearish.

However, the distance between the two moving averages is wide. Since the candlesticks are below 200-day MA, we can observe that the selling pressure is still going on and unable to reverse the trend.

Waves (WAVES) Price Prediction 2022

WAVES/USDT 1-Day Chart  (Source: TradingView)
WAVES/USDT 1-Day Chart  (Source: TradingView)

Looking at the daily chart of WAVES/USDT, the WAVES price was swinging from $4 to $7 after going to its lowest of the month at $4.313. Bouncing back from the support level, WAVES is now going sideways. We can expect the market to break out from the sideway soon.

Meanwhile, our long-term WAVES price prediction for 2022 is bullish if it cannot break the support level. We can expect WAVES to reach $10.117 this year. 

Waves (WAVES) Price – Resistance and Support Levels

WAVES/USDT 1-Day Chart (Source: TradingView)
WAVES/USDT 1-Day Chart (Source: TradingView)

The chart above shows that the price of WAVES has decreased in the past few months.

Moreover, the price of WAVES has been down by 0.59% in the past 24 hours after a slight increase during the week. Suppose this price decrease is only a retrace during the bull run. In that case, WAVES might be breaking its $9.114 resistance 1 level and eventually moving higher to $10.117.

If WAVES cannot break the $9.114 resistance 1 level, the bears may seize control and dethrone WAVES to a downtrend stance. In simple terms, the price of WAVES might fall to almost $3.870, indicating a negative signal from the previous support level.

Waves (WAVES) Price Prediction 2023

If Waves (WAVES) ends at $11 or more in 2022, this will signal to investors that the effect of the recent crypto winter is over. This is because the price is above the current 200-day high price of WAVES, which stands at $12 at the time of writing. We expect the WAVES price to rise to $16.514 by 2023.

Waves (WAVES) Price Prediction 2024

The cryptocurrency market is known to repeat history, and most cryptocurrencies follow the Bitcoin trend. With 2024 as the year of the Bitcoin halving, there will be many sentiments toward the market, which is always bullish. We can expect the price of Waves (WAVES) to react positively to the news and trade at around $23.905 by the end of 2024.

Waves (WAVES) Price Prediction 2025

The effect of any Bitcoin correction is experienced in the following year from recent history. If WAVES ends in 2024 for $24 or more, we can expect the price of WAVES to grow in 2025. This could make WAVES trade at $32.057 or more in 2025, considering investors will be bullish.

Waves (WAVES) Price Prediction 2026

With the rise in cryptocurrency adoption in the mainstream, we can expect a possible market reversal in 2026 to have little impact on the recent gains in the price of WAVES. Hence, Waves could end in 2026 at around $40.961 or more. 

Waves (WAVES) Price Prediction 2027

The most bearish market is followed by market consolidation in the next year. If the year 2026 turns out to be bearish for WAVES, we could expect the market to stabilize in 2027 and even trade higher. Hence, it is possible to see WAVES trade at around $50.854 in 2027.

Waves (WAVES) Price Prediction 2028

Waves will likely trade above its 2025 price prediction of $63.457 in 2028 due to the Bitcoin halving. With the powerful sentiment of investors to buy more cryptocurrencies, a buy pressure could be seen in the market, which will make WAVES trade at around $85 in 2028. Also, WAVES is highly likely to break its all-time high value. 

Waves (WAVES) Price Prediction 2029

The most impact of a bullish sentiment resulting from Bitcoin halving is mainly experienced in the coming year. We can expect the price of WAVES to break more psychological resistance and trade around $99.851 by the end of 2029. Also, WAVES is highly likely to break its all-time high value. 

Waves (WAVES) Price Prediction 2030

The impact of cryptocurrency adoption could stabilize the market by 2030, sustaining the bullish gains of the previous years. Hence, we can expect the price of WAVES to trade above $158.742 by the end of 2030. Also, WAVES is highly likely to break its all-time high value. 

Conclusion

As said above, it may reach over $100 if investors have decided that WAVES is a good investment along with mainstream cryptocurrencies.

FAQ

What is Waves?

Waves is a blockchain platform that supports a variety of use cases, such as decentralized applications (dApps) and smart contracts. With Waves, users can build and launch their own crypto tokens. Waves enable the creation and trading of cryptocurrency tokens without the need for complex, innovative contract programming. Tokens can be created and controlled by scripts run under Waves user accounts.

How to buy WAVES tokens?

WAVES can be traded on many exchanges like other digital assets in the crypto world. Binance, OKX, Bybit, Phemex, and MEXC are currently the most popular cryptocurrency exchanges for trading WAVES. 

Will WAVES surpass its current ATH?

Since WAVES provides investors with several opportunities to profit from their crypto holdings, it seems to be a good investment in 2022. Notably, WAVES has a high possibility of surpassing its current ATH in 2028.

Can WAVES reach $100 soon?

WAVES is one of the few active crypto assets that continues to rise in value. As long as this bullish trend continues, WAVES might break through $40.961 and reach as high as $100. Of course, if the current market favoring crypto continues, it will likely happen

Is WAVES a good investment in 2022?

WAVES is expected to continue its upward trend as one of the fastest-rising cryptocurrencies. We may also conclude that WAVES is an excellent cryptocurrency to invest in this year, given its recent partnerships and collaborations that have improved its adoption.

What Is the lowest price of WAVES?

The lowest WAVES price is $0.1227, attained on August 2, 2016, according to CoinMarketCap.

Which year was WAVES launched?

WAVES was launched in June 2016.

Who are the co-founders of WAVES?

WAVES was co-founded by Ukrainian-born scientist Alexander Ivanov.

What is the maximum supply of WAVES?

There is no data.

How do I store WAVES?

WAVES can be stored in a cold wallet, hot wallet, or exchange wallet.

What will be the WAVES price in 2023?

WAVES price is expected to reach $16.514 by 2023.

What will be the WAVES price in 2024?

WAVES price is expected to reach $23.905 by 2024.

What will be the WAVES price in 2025?

WAVES price is expected to reach $32.057 by 2025.

What will be the WAVES price in 2026?

WAVES price is expected to reach $40.961 by 2026.

What will be the WAVES price in 2027?

WAVES price is expected to reach $50.854 by 2027.

What will be the WAVES price in 2028?

WAVES price is expected to reach $63.457 by 2028.

What will be the WAVES price in 2029?

WAVES price is expected to reach $99.851 by 2029.

What will be the WAVES price in 2030?

WAVES price is expected to reach $158.742 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.

More Crypto Price Predictions:

 

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