Image of WAVES
WAVESWaves
$0.2774
1.07%
1D

Waves Analysis

Investment Score
A quick view into Waves's investment prospects.
6.9

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Squeeze Breakout Setup: Bollinger Bands are historically compressed and price is above EMA50, suggesting an expansion move may be underway.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Price is trading below the Ichimoku base line, which suggests the broader structure is weakening.
Market State Summary
Current regime
Bull Volatile
Confidence: 77%
Why this state?
  • WAVES is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
WAVES is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 59.93, which is neither overbought nor oversold.
Volatility
Volatile
WAVES ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.3179 - $0.3776
Active zone
$0.2235 - $0.2988
Support zone
$0.1674 - $0.2233
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Low
Support & Resistance

Waves support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.1674 - $0.2233
Resistance zone
$0.3179 - $0.3776
Active zone
$0.2235 - $0.2988
Levels Table
LevelZoneStrength
Support 1$0.1674 - $0.2233
Resistance 1$0.3179 - $0.3776
Resistance 2$0.4270 - $0.5052
Resistance 3$0.5591 - $0.6615
Resistance 4$0.7176 - $0.8394
Active 1$0.2235 - $0.2988
Scenario Analysis
Bullish scenario

WAVES clears the resistance zone at $0.3179 - $0.3776 and holds above it. That would strengthen the breakout case and shift attention to $0.4270 - $0.5052.

Bearish scenario

WAVES loses the support zone at $0.1674 - $0.2233. That would weaken the setup and open the way toward $0.1674 - $0.2233.

Neutral scenario

WAVES continues trading between $0.2233 and $0.3179. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.2256
Bullish
WAVES is trading above the 50-day average.
SMA200
$0.3207
Bearish
WAVES remains below the long-term trend line.
EMA50
$0.2424
Bullish
WAVES is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.3429
Bearish
WAVES is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
59.93
Neutral
RSI (14) is at 59.93, which keeps momentum in a balanced range.
Stoch RSI (14)
27.55
Neutral
Stoch RSI (14) is at 27.55, which suggests momentum is active but not yet extreme.
MACD
0.01211
Bullish
MACD is above its signal line.
ATR
12.42%
Volatile
Volatility is above its 180-day median.
VWMA
$0.2738
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
55.77
Neutral
CCI (20) is at 55.77, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.02519
Bullish
Awesome Oscillator is above zero at $0.02519, which supports bullish momentum.
Williams Percent Range (14)
-57.31
Neutral
Williams Percent Range (14) is at -57.31, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.01025
Bullish
Bull Bear Power (13) is positive at $0.01025, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
55.03
Neutral
Ultimate Oscillator is at 55.03, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.2707
Bullish
WAVES is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.2805
Bearish
WAVES is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Waves

Over the past 7 days, Waves price was most positively correlated with the price of Pudgy Penguins (PENGU), Bonk (BONK), Bitcoin (BTC), Virtuals Protocol (VIRTUAL) and Binance Coin (BNB) and most negatively correlated with the price of JUST (JST), Pi Network (PI), Beldex (BDX), World Liberty Financial (WLFI) and LEO Token (LEO).

Positively Correlated Currencies
NameCorrelation
Image of Pudgy PenguinsPudgy Penguins0.931
Image of BonkBonk0.929
Image of BitcoinBitcoin0.915
Image of Virtuals ProtocolVirtuals Protocol0.914
Image of Binance CoinBinance Coin0.914
Negatively Correlated Currencies
NameCorrelation
Image of JUSTJUST-0.351
Image of Pi NetworkPi Network0.061
Image of BeldexBeldex0.066
Image of World Liberty FinancialWorld Liberty Financial0.339
Image of LEO TokenLEO Token0.584

Waves price is positively correlated with the top 10 coins by market cap with a price of 0.845, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.822. Currencies that are positively correlated with Waves indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Waves, a move in one direction for Waves would translate into a move in the opposite direction for the negatively correlated coin.

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