Image of WEXO
WEXOWexo
$0.008703
2.28%
1D

Wexo Analysis

Investment Score
A quick view into Wexo's investment prospects.
3.6

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • MACD is confirming the current directional bias.
  • Doji pattern detected: the market is indecisive after the recent move, which can support a reversal if confirmation follows.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Volatile
Confidence: 95%
Why this state?
  • WEXO is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Volatile regime, the best-fit approach is Capital preservation / avoid chasing reversals. Downtrend pressure is being reinforced by unstable price action, which makes capital preservation and patience more important than trying to catch sharp countertrend moves.

Trend
Bearish
WEXO is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 31.74, which is neither overbought nor oversold.
Volatility
Volatile
WEXO ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.01433 - $0.01538
Support zone
$0.007790 - $0.009148
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Volatile
Volume
Average
Support & Resistance

Wexo 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
$0.007790 - $0.009148
Resistance zone
$0.01433 - $0.01538
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.007790 - $0.009148
Resistance 1$0.01433 - $0.01538
Resistance 2$0.01572 - $0.02051
Resistance 3$0.02076 - $0.02212
Resistance 4$0.02505 - $0.02641
Scenario Analysis
Bullish scenario

WEXO clears the resistance zone at $0.01433 - $0.01538 and holds above it. That would strengthen the breakout case and shift attention to $0.01572 - $0.02051.

Bearish scenario

WEXO loses the support zone at $0.007790 - $0.009148. That would weaken the setup and open the way toward $0.007790 - $0.009148.

Neutral scenario

WEXO continues trading between $0.009148 and $0.01433. 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
$0.01323
Bearish
WEXO is trading below the 50-day average.
SMA200
$0.01825
Bearish
WEXO remains below the long-term trend line.
EMA50
$0.01273
Bearish
WEXO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.02149
Bearish
WEXO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
31.74
Neutral
RSI (14) is at 31.74, which keeps momentum in a balanced range.
Stoch RSI (14)
84.77
Overbought
Stoch RSI (14) is high at 84.77, which shows momentum is pressing near its recent upper extreme.
MACD
-0.001218
Bullish
MACD is above its signal line.
ATR
11.41%
Volatile
Volatility is above its 180-day median.
VWMA
$0.01088
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-75.21
Neutral
CCI (20) is at -75.21, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$-0.002615
Bearish
Awesome Oscillator is below zero at $-0.002615, which supports bearish momentum.
Williams Percent Range (14)
-87.01
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -87.01.
Bull Bear Power (13)
$-0.001033
Bearish
Bull Bear Power (13) is negative at $-0.001033, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
43.74
Neutral
Ultimate Oscillator is at 43.74, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.009254
Bearish
WEXO is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.01137
Bearish
WEXO is trading below the Ichimoku base line, which points to weaker structure.
Assets Similar to Wexo

Over the past 7 days, Wexo price was most positively correlated with the price of Plasma (XPL), Avalanche (AVAX), Sui Crypto (SUI), Worldcoin (WLD) and Sei (SEI) and most negatively correlated with the price of Raydium (RAY), BitTorrent (BTT), Tezos (XTZ), Monero (XMR) and GateToken (GT).

Positively Correlated Currencies
NameCorrelation
Image of PlasmaPlasma0.887
Image of AvalancheAvalanche0.881
Image of Sui CryptoSui Crypto0.860
Image of WorldcoinWorldcoin0.855
Image of SeiSei0.837
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.777
Image of BitTorrentBitTorrent-0.752
Image of TezosTezos-0.635
Image of MoneroMonero-0.555
Image of GateTokenGateToken-0.486

Wexo price is positively correlated with the top 10 coins by market cap with a price of 0.702, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.461. Currencies that are positively correlated with Wexo 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 Wexo, a move in one direction for Wexo would translate into a move in the opposite direction for the negatively correlated coin.

The CoinCheckup Cryptocurrency Price Tracker
Track over 40,000 crypto prices in real-time with ease.
Google Play Store link
4.3 • 10,000+ Ratings
Image of mobile app