Image of WEXO
WEXOWexo
$0.007795
-2.39%
1D

Wexo Analysis

Investment Score
A quick view into Wexo's investment prospects.
3.3

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

What is helping
  • Price is trading above the Hull Moving Average (9), which keeps the near-term trend supportive.
  • Stoch RSI is near the lower end of its range, which suggests downside momentum may be getting exhausted.
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 33.62, 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
$0.009891 - $0.01132
Active zone
$0.007745 - $0.009258
Support zone
$0.006956 - $0.008085
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bearish
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
$0.006956 - $0.008085
Resistance zone
$0.009891 - $0.01132
Active zone
$0.007745 - $0.009258
Levels Table
LevelZoneStrength
Support 1$0.006956 - $0.008085
Resistance 1$0.009891 - $0.01132
Resistance 2$0.01442 - $0.01531
Resistance 3$0.01546 - $0.02040
Resistance 4$0.02074 - $0.02214
Active 1$0.007745 - $0.009258
Scenario Analysis
Bullish scenario

WEXO clears the resistance zone at $0.009891 - $0.01132 and holds above it. That would strengthen the breakout case and shift attention to $0.01442 - $0.01531.

Bearish scenario

WEXO loses the support zone at $0.006956 - $0.008085. That would weaken the setup and open the way toward $0.006956 - $0.008085.

Neutral scenario

WEXO continues trading between $0.008085 and $0.009891. 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
$0.01036
Bearish
WEXO is trading below the 50-day average.
SMA200
$0.01611
Bearish
WEXO remains below the long-term trend line.
EMA50
$0.01070
Bearish
WEXO is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.01868
Bearish
WEXO is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
33.62
Neutral
RSI (14) is at 33.62, which keeps momentum in a balanced range.
Stoch RSI (14)
0.00
Oversold
Stoch RSI (14) is low at 0.00, which shows momentum is pressing near its recent lower extreme.
MACD
-0.0004469
Bearish
MACD is below its signal line.
ATR
10.74%
Volatile
Volatility is above its 180-day median.
VWMA
$0.009708
Bearish
Price is below the volume-weighted average.
Commodity Channel Index (20)
-104.80
Bearish
CCI (20) is weak at -104.80, which shows price is trading well below its recent average.
Awesome Oscillator (5, 34)
$-0.0009358
Bearish
Awesome Oscillator is below zero at $-0.0009358, which supports bearish momentum.
Williams Percent Range (14)
-94.18
Oversold
Williams Percent Range (14) is near the bottom of its recent range at -94.18.
Bull Bear Power (13)
$-0.001315
Bearish
Bull Bear Power (13) is negative at $-0.001315, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
39.96
Neutral
Ultimate Oscillator is at 39.96, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.007768
Bullish
WEXO is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.009894
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 LEO Token (LEO), Monad (MON), Worldcoin (WLD), Pi Network (PI) and PancakeSwap (CAKE) and most negatively correlated with the price of KuCoin Token (KCS), Raydium (RAY), Beldex (BDX), Jupiter (JUP) and Cosmos (ATOM).

Positively Correlated Currencies
NameCorrelation
Image of LEO TokenLEO Token0.868
Image of MonadMonad0.827
Image of WorldcoinWorldcoin0.823
Image of Pi NetworkPi Network0.811
Image of PancakeSwapPancakeSwap0.792
Negatively Correlated Currencies
NameCorrelation
Image of KuCoin TokenKuCoin Token-0.838
Image of RaydiumRaydium-0.742
Image of BeldexBeldex-0.713
Image of JupiterJupiter-0.687
Image of CosmosCosmos-0.558

Wexo price is positively correlated with the top 10 coins by market cap with a price of 0.311, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.377. 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