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WazirX Price Prediction

An up-to-date WazirX price prediction for 2021, 2023, 2025. Wondering what is the future of WRX price? Find out WazirX price forecast with historical, fundamental and technical analysis.
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WazirX Fundamental Analysis

Project name
WazirX
Stock Symbol
WRX
Curr. Price
1.2957408
Curr. Supply/Total Supply
978213335
ROI Since Launch
No Data
Launch Date
No Data
Official Website

WazirX is an Indian Bitcoin exchange with an auto-matching peer-to-peer engine and an eponymous token. WazirX solves the fiat to cryptocurrency conversion issues by simplifying the deposit and withdrawal process for fiat. The WazirX token, following the acquisition by the platform, was launched on Binance to trade pairs with BNB, BTC, and USDT and the coin has seen steady progress since then. The WRX utility token forms the backbone of the WazirX ecosystem, and its main purpose is to increase community engagement and its contribution to the development of the platform, as well as reward participation. In this way, early adopters and followers receive rewards for using the exchange. Token holders are rewarded with various benefits both on the WazirX exchange and in future projects. Also, after receiving WRX coin on the balance, it can be fully used for trading and exchange for other fiat cryptocurrencies. Now that the road in India is becoming more clear to crypto in terms of government regulations, the community needs to focus on the next big goal and that is global expansion. With WazirX opening up to trade with a global user base, the future for the Indian crypto industry looks even more promising. 

WazirX Technical Analysis

Despite the fact that 100% accurate technical analysis for WazirX cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated WRX buy-and-sell rating for selected timeframe. The summary for WRX/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

WazirX Price Prediction

Below we have collected the most reliable price projections for WazirX (WRX) from popular forecast platforms.

#1. WalletInvestor WRX Price Prediction for 2021, 2023, 2025

According to WalletInvestor, WazirX price will grow from $1.2957408 to $2.442 in one year. That makes WRX an awesome investment. The long-term earning potential is 88.46%. Predicted price for the end of 2026 is $7.108.

#2. TradingBeasts WRX Price Prediction for 2022

Answering the question about if WazirX is a good investment, TradingBeasts say a resounding yes. In the 2021 perspective, this coin price is predicted to reach $1.72256 with a reduction to $1.52321 by the end of 2022.

#3. DigitalCoin WRX Price Forecast for 2021, 2022, 2023, 2025

In DigitalCoin analysis, the price of WazirX cryptocurrency will rise in the next 5 years starting from $1.3128663 as of today’s price to $4.4197605. It will go up to $2.1829719 by 2022 and continue its growth in 2023-2024. Based on this forecast, WazirX is a profitable long-term investment.

#4. LongForecast WRX Price prediction for 2021-2022

In 2021, the average WazirX price will go down to $1.1. In 2022, WazirX’s price will rise significantly to an average of $1.5470833.
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Summary

As it can be clear from the analysis cited above, WazirX (WRX) projections are rather contradictory. There is no universal consensus either about positive or negative future WRX price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the WazirX 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).
Disclaimer: 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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