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Very Bullish-Rated WAX (WAXP) Rises Thursday to $0.1226275604

Thursday, August 11, 2022 11:26 AM | InvestorsObserver Analysts
Very Bullish-Rated WAX (WAXP) Rises Thursday to $0.1226275604

WAX (WAXP) gets a very bullish rating from InvestorsObserver Thursday. The coin is up 5.19% to $0.1226275604 while the broader crypto market is up 1.62%.

Sentiment Score - ,
WAX has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WAX!

Very Bullish

Over the last five days, WAX has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of WAX over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

WAX is currently trading near its five-day high of $0.122627560407832. The coin is 0.00% its five-day high and is 11.74% higher than its five-day low of $0.109741345047951.

WAX price is currently above resistance. With support set around $0.111524735251216 and resistance at $0.119846303621081, WAX is potentially in a volatile position if the rally burns out.

WAX has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on WAX

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