WAX is a coin belonging to an eponymous decentralized platform powered by the founders of OPSkins. It performs the function of a utility token on a virtual market for game items. Being one of the largest marketplaces for online video game assets, the platform has built a community of over 400 million people around buying and selling collectible items and other types of digital assets. Using the blockchain technology, WAX coin can be used for tokenizing and exchanging the named items while using smart contracts behind every transaction.
Despite the fact that 100% accurate technical analysis for WAX cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated WAXP buy-and-sell rating for selected timeframe. The summary for WAXP/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for WAX (WAXP) from popular forecast platforms.
WAX Price Prediction for 2022
As of the end of 2022, WAX price predictions remain predominantly positive, with some analytics promising the price at about $0.12, while WalletInvestor even cites the possibility of the price reaching $0.272 by the end of the year.
In their WAX price predictions for 2023, PricePrediction.net’s forecasts the coin’s price to go above $0.17 by December. Forecasting WAX's future, TradingBeast expects further growth, too, saying the WAX price will reach ~$0.180277 by that time. On the contrary, WalletInvestor keeps predicting WAX price decline, quoting prices around ~$0.00842 in 2023.
WAX price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.205293–$0.24 range (TradingBeast, PricePrediction.net), while WalletInvestor takes a different view and cites the possibility of the price reaching $0.00377 in December 2024.
TradingBeast has only optimism in store for the 2025 WAX price prediction, valuing WAX at $0.244308 by the end of 2025. PricePrediction.net agrees with a positive forecast and predicts, in turn, $0.35 for the same period. On the other hand, WalletInvestor’s team is more pessimistic — their WAX price prediction for December of this year is just $0.000552.
Speaking of long-term WAX price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that WAX price will grow further and eventually reach $0.420209 by the end of the decade. PricePrediction.net’s price prediction for WAX echoes with the projection of an uptrend to $2.36. Despite this, WalletInvestor’s vision remains not so positive, promising a downfall to $0.000607.
As it can be clear from the analysis cited above, WAX (WAXP) projections are rather contradictory. There is no universal consensus either about positive or negative future WAXP price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the WAX projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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