Russia Invades Ukraine. Should You Buy Or Sell WAX (WAXP)? – February 2022

1 min read

The Content

WAX news

Russia’s invasion of Ukraine has hit the stock market as well and crypto prices hard.  What should the average investor do about their WAXP holdings?

WAX receives an average long-term technical score of 54 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.

WAXP currently holds a superior long-term technical analysis score than 54% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. coins with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.

Long-Term Technical - 54

Trading Analysis

The current trading price of $0.260000000 for WAXP is -$0.2200000 (-45.66%) below the coins 100-day moving average of $0.470000000. WAXP meanwhile is $0.1900000 (-15913.34%) above its 52-week low of $0.070000000 and -$0.72000000 (-992.78%) under its 52-week high price of $0.980000000. WAX’s current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 54. The price movement and range of WAXP suggest that investors are neutral on the coin at this time.

WAX has a total market value of $503,004,098.30 with an average average daily volume of $336,748,927.45 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, WAXP’s volume is below its average with $47,929,107.87 exchanged in total.


WAXP’s historical trading over the past year gives it a an average long-term technical score of 54 as its price movement in that time has given investors reason to be neutral on the coin in the long-term.

Click Here to get the full Report on WAX (WAXP).


Via this site