The crypto price increases by no less than 45% »Crypto Insiders

In the premium environment of Crypto Insiders, current technical analysis is shared daily by experienced analysts. Waves have been discussed here regularly in recent years. In this article, we look back at this technical analysis and map the latest developments and expectations for the coming period. If you still have questions after reading this article, you can easily ask them in our Discord community. Here, our technical analyzes are typically shared with our members 48 hours before.

WAVES have increased by about 45% over the last 24 hours. Over the past seven days, it has been roughly the same, and the price has risen by about 35%. At the time of writing, WAVES ranks the 60th largest cryptocurrency by market value.

What is WAVES?

Waves are a so-called multi purpose blockchain platform and thus supports various functions, including decentralized applications (DApps) and smart contracts. Waves announced in late May that the project is currently working on a recovery plan to herald the “new generation of decentralized finance (DeFi)” after Neutrino stablecoin (USDN) lost its bond to the USD twice this year. For a more in-depth fundamental analysis of WAVES, take a look at this page.

Latest WAVES news

It is not entirely clear what is the direct cause of the sudden rise in WAVES prices. It may have to do with the aforementioned USDN stablecoin. The project described on Twitter yesterday how to earn annual percentages with USDN, aka yield breedingPLUTO for WAVES was also recently announced. In addition, WAVES plans to hold a major event in New York, most likely related to the Waves Ducks project. Finally, Waves was recently named as future listed on the Kraken stock exchange. At least it’s the BOOKS ecosystem growing fast.

Analysis WAVES

Today, a new WAVES analysis was shared in the Discord environment at Crypto Insiders. This chart shows that the price has just hit a good starting point and the analysis has already proved very successful. Although our analysts’ trading is still running, the price rose by no less than 27% immediately after placing the analysis.

The entire analysis can be read in the Discord environment. Members of the Discord Group expect even more from WAVES. Yesterday, our analysts also shared a new set of technical analyzes for crypto such as bitcoin (BTC), ethereum (ETH), solana (SOL), avalanche (AVAX), chainlink (LINK) and decentralized (MANA). With each analysis, our analysts share a strategy plus possible entry and exit zones.

What are the expectations for WAVES?

Expectations for the recovery plan are high, at least for the dividend farmers among us. Earlier this year, the WAVES team reported that they still want to achieve a lot this year with the project. For example, they are working on more functionalities for DeFi applications, but also for NFT (non-fungible token) projects.

Nevertheless, the direction of the course will depend not only on the above project development, but on a wide range of factors that may change in daily life. The crypto market is currently strongly affected by economic events and the traditional stock markets. This often makes it extra difficult to determine the right time to invest in a particular project.

WAVES and more cryptanalysis

Would you like to see this kind of price analysis of crypto earlier? Then we would like to refer you to our Premium Community for Members. Here, experienced analysts and traders discuss their own trading plans on a daily basis. We also regularly share additional price analyzes and updates of projects that we have discussed earlier in this section. Through Discord, we can share knowledge with each other 24/7, and we try to be at the forefront of the market with our members.

Disclaimer: Investment involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips on this website are based on our analysts’ own insights and experiences and are for educational purposes only.

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