📈 Analysis and forecast for $WAXP on Binance: future prospects? 📉
As of 10:58 EEST, July 5, 2025, the price of $WAXP on Binance is $0.01976, showing a growth of 3.4% over the last 24 hours. The increase in trading volume and community interest underscores the popularity of WAX, a blockchain for e-commerce and NFTs, supported by Binance.
Technically, $WAXP is in a moderate uptrend. On the 4-hour chart, the 50-day SMA is close to the 200-day, signaling a neutral zone with growth potential. The RSI (14) around 55 indicates a balanced market. Key resistance is at $0.020, a breakout of which could lead to $0.022. Support is located at $0.019, with further support at $0.018. Holding above $0.01976 supports the current momentum.
Forecast: In the coming days, WAXP may test resistance at $0.020, with a chance to rise to $0.022 by mid-July 2025 as activity increases. By the end of 2025, a rise to $0.025–$0.030 is possible if the NFT ecosystem continues to develop. The long-term outlook for 2030 is $0.05+, assuming mass adoption and new partnerships. Risks include volatility and potential correction. The market shows moderate expectations, with forecasts above $0.020, although some traders warn of consolidation.
Prospects? A growth of 3.4% and a price of $0.01976 are close to resistance at $0.020. Buying at $0.019 with a target of $0.022 and a stop-loss at $0.018 may be justified. WAXP stands out due to its focus on decentralized trading and support from Binance, attracting investors. Community activity and market data highlight the growth potential.
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