Waves Price to $10 Is Just the Beginning
The Waves price which had maintained stagnant movements until the first week of November 2020, has intensified dramatically to cross $8 in very less time. The Wave price became the talk of the town when it jumped from less than $5 to above $8 in just a couple of days.
The technical indicator suggests the token is currently overbought and on the verge to spike up yet again. The WAVE token is registering all-time highs of 2020 by attaining the levels more than $8.
At press time, Wave price stands at $8.11 with an increase of 27.80 percent with technicals point out for a strong ‘buy’. With the same pace, the price may even touch the all-time high at $18.07 very soon.
Also Read: Ethereum Price Analysis, ETH Price May Break Above $1K by Dec 2020?
Bullish Trend awaits Wave Price
Waves token is said to be a peerless coin of unique technology. And hence its price movements are not dependent on the market unlike the other flock of tokens. Therefore the bullish momentum could take the Wave Price to as much high as nearly $100 if continued with the same pace.
But to continue with the bull run, currently it very important for the token to maintain the price strongly above the current resistance of $8.8 to $9. After touching the levels, we have a huge gap till the next solid resistance at $18.07 which is its ATH.
Therefore, it would be pretty tough for the Wave price to touch the next strong resistance, but if successfully surpassed, the bull rally to $100 would be imminent.
Also Read: Ripple Price Analysis: XRP Price Might Hit $2 If It Clears the $0.49 Barrier
