The WAVES/USDT pair has been one of the top gainers of march 2022, registering a 230% gain since the beginning of the month. This exponential growth was backed by a series of positive news such as:
The launch of a U.S-based venture, ‘Waves labs.’
An announcement about the migration to Waves 2.0.
Its partnership with Allbridge.
Key points:
The bullish rally triggers a golden crossover between the 50-and-200 DMA
The intraday trading volume in the WAVES is $1.85 Million, indicating a 59% loss
Source- Tradingview
From mid-October 2021 to early February 2022, the WAVES price experienced a one-sided downfall2 which plunged the altcoin to the $8 mark. On February 7th, the coin breached the downtrend carrying resistance trendline, providing an early sign for reversal.
After its third retest to $8 support, the WAVES price rebounded and gave a bullish breakout from the $14.5 local resistance. The post-retest rally triggered a massive pump and drove altcoin high in the price chart.
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We współpracy z: https://coingape.com/markets/waves-price-analysis-waves-price-hints-pullback-opportunity-to-41-8-support-buy-this-dip/
