The Waves blockchain was initially designed to facilitate the transfer of fiat currency and cryptocurrency and to optimize asset tokenization. Using the Waves Platform, users could deposit numerous cryptocurrencies and fiat currencies through external “gateway” service providers.

WAVES has been trading within a tight range for almost two weeks now, with barely any upward or downward action. However, that might be about to change, especially due to the price action’s recently formed death cross.

Anyone who observed WAVES towards the end of March would have been impressed at its bullish performance. However, what goes up must come down and this is echoed in its April price crash.

New Delhi: Waves School, founded by the Waves Tech blockchain, is set to launch its online crypto training academy, the company announced on Thursday.

The Waves Price has gained around 200% of its cost in just 3-weeks after an accumulation stage near crucial support.

Waves price is attempting to ascend from the 2021 lows but struggles to do so. To avoid consolidating at lower prices, the token needs to marshal a force of buyers. WAVES coin initially displayed a V-top pattern on the chart. The token rose up to an admirable resistance level before beginning to decline toward lower levels. When the price of any cryptocurrency exceeds the threshold barrier and begins to decline from a specific high after significant downtrend momentum across the chart, this is when a V top pattern essentially signifies a trend reversal. After reaching $64 the WAVES coin underwent a trend reversal, and from that point on the token began to plummet sharply and quickly until it reached its 2021 lows due to peer selling pressure.

The Waves price has struggled in the past few months. After surging to an all-time high of $41 in May, the coin has declined by more than 62%. It is now trading at the lowest level since August while its total market capitalization has declined to more than $1.5 billion.

The ongoing geopolitical tensions between Russia and Ukraine have disrupted the world, and it has caused a huge impact on the cryptocurrency market.

The Waves price today is $6.11 USD with a 24-hour trading volume of $279,601,778 USD. WAVES is up 4.17% in the last 24 hours. The trading volumes have decreased over the past day whereas the Volume to Market Cap Ratio stands at 0.4226 for the altcoin.

Waves (WAVES) increased by 190% over May 30 – June 1, but has been gradually retracing since.

While Waves (WAVES) has broken out from a descending resistance line, it has yet to reclaim a crucial horizontal resistance level at $8.60.

Explosive growth of the Waves-based Neutrino protocol seems to have powered the token higher.

The price of the WAVES crypto token is rising over 15% this morning making this the second consecutive day of double-digit gains for the native asset of the smart contracts network Waves following the release of a revival plan for its DeFi ecosystem.

The Wave’s price today is $7.88 USD with a 24-hour trading volume of $325,740,230 USD. Waves Crypto is down 0.61% in the last 24 hours. The trading volumes have decreased over the past day whereas the Volume to Market Cap ratio stands at 0.3811 for the altcoin.

A crypto recovery is underway this week with Waves (WAVES-USD) being one of the winners and that makes it the perfect time to check in on the latest price predictions for the digital asset.