WAXP Signals Green: Buy Now, Thank Me Later!"## WAXP Coin: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **WAXP (Worldwide Asset eXchange):** A blockchain platform focused on virtual goods and NFTs, particularly in the gaming industry.
* **Launched:** September 2019.
* **Market Cap:** ~$331 million (as of Feb 29, 2024).
* **Rank:** #189 on CoinMarketCap.
* **Unique Features:**
* **Fast and scalable:** Designed for high transaction speeds and low fees.
* **vIRL® NFTs:** Connect in-game items with real-world goods and services.
* **User-friendly developer tools:** Encourages NFT and dApp development.
**Recent News:**
* **Feb 27, 2024:** WAXP announces partnership with blockchain gaming platform Immutable to support NFT interoperability.
* **Feb 22, 2024:** WAX team hosts AMA (Ask Me Anything) session discussing upcoming roadmap and ecosystem updates.
* **Feb 15, 2024:** WAX integrates with Layer 2 scaling solution ImmutableX for faster and cheaper NFT transactions.
**Disclaimer:**
* This information is for educational purposes only and should not be considered financial advice.
* Cryptocurrency investments are highly volatile and carry significant risks.
* Do your own research before making any investment decisions.
**Additional Notes:**
* WAXP price has seen a recent surge, possibly fueled by growing interest in its NFT applications and partnerships.
* The recent news highlights WAX's focus on scalability, interoperability, and attracting developers.
* It's crucial to understand the risks involved in cryptocurrency investments before making any decisions.
I hope this information is helpful! Please let me know if you have any other questions.
WAXPUSDT trade ideas
WAXP has Potential (special signal)WAXP is also consolidating at the neckline
With this indicators we can see a green triangle as a super-buy-signal (as i call it)
Many coins now are starting to break this rising wedge pattern formation..to the upside!
The key right now is for bitcoin to keep rising or stay still ! (side-ways) so alts may keep up!
WAXP/USDT | 1W 👀At the moment, as you can see, accumulation is ongoing, so the deal remains entirely relevant.
I'm also expecting positive dynamics or a quick impulse from this coin in the near future.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of WAX. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #WAX #Investment #WAXP
WAXP will continue to go up as long as it is in the channelWAXP will continue to go up as long as it is in the channel or breaks above it.
🔵Entry Zone 0.06214 - 0.06398
🔴SL 0.05860
🟢TP1 0.06932
🟢TP2 0.07492
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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WAXP ANALYSIS🔮 #WAXP Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #WAXP and trying to retests the level. It's a 6hr time frame breakout and we can see more higher price in long-term. If the price closes above $0.05870 then there will be a confirmation of bullish movement 📈📈
💸Current Price -- $0.05778
📈Target Price -- $0.06671
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#WAXP #Cryptocurrency #Breakout #DYOR
WAXP ANALYSIS (4H)Due to the bearish ch and the breaking of the trend line, the waxp chart has a bearish view.
If waxp reaches the supply range, we will look for sell/short positions. We have marked tp on the chart.
Closing 1 daily candle above supply will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#WAXP/USDT#WAXP
On a 3-day frame
We find that the price has been moving in a downward trend for months since the beginning of the year.
We see the beginning of Bitcoin's upward movement.
Which will greatly affect the movement of alternative currencies?
We expect an increase from current prices 0.0480.
The trend is to break the trend, targeting prices at 0.0900.
This is supported by oversold trading on the MACD indicator.
WAXP/USDT Anticipating a Bullish Turn from Support Retest? 👀🚀 💎 Paradisers, let's gear up for a potentially exciting phase with #WAXPUSDT. The asset is currently shaping up for a probable bullish trajectory after revisiting a key support zone.
💎 Observing #WAX recent market behavior, it has effectively navigated a descending channel. After facing rejection at the channel’s resistance, there’s optimism for a downward movement towards our projected support at $0.0664. This could set the stage for a bullish move from that level.
💎 For the astute Paradisers, timing will be critical in capitalizing on this opportunity. Pinpointing the best entry points during this expected uptick is crucial, alongside cautiousness to avoid entering at the market's peak. Additionally, be on the lookout for a potential bullish recovery from the support level of $0.0632. However, keep in mind that a break below this level might suggest a struggle to maintain the bullish momentum.
💎 It’s also important to be prepared for a different scenario: if #WAXP breaks the $0.0632 support level, be ready for a significant downward shift in the market. 🌴💰
WAXP vs RON. +5000%....?It's an interesting fractal. In the prev market pump-dump circle, we have a tool based on Fib to understand the +- of our targets. If the asset has been rejected from the 0.618 level, we have the opportunity to reach the 1.618 level.
BINANCE:WAXPUSDT is a really great asset for GameFi. But it needs a large capitalization to reach $2.
OKX:RONUSDT has the same structure.
WAX is a coin that will give you a couple more X!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
A monthly chart that looks very powerful! A classic countertrend breakout that can now pull this rocket a couple more X's!
Deal plan:
Entry - 0.0680/0.065$
Stop - $0.060
Take - I will update.
Guys, be sure to follow risk management, the coin may be too volatile at the moment.