Wrapped AVAX WAVAX
Current Price
$30.33 +0.73%
$1.41 Daily Range (4.65%)
$29.72$31.13
$478.78M Daily Volume
3,856 BTC
Vol/MktCap: 92.96%
Market Performance
-0.74% 0.0002 BTC
-0.47% 0.0067 ETH
+0.18% 10.14 XRP
+0.74% 30.33 USDT
-0.96% 0.0259 BNB
0.66% Relative BTC Volume
The total volume of Wrapped AVAX is $478.78M over the past 24 hours, compared to $72.02B total Bitcoin volume.
Hourly Moving Average
8 SMA $29.95 +1.27%
13 SMA $30.05 +0.95%
21 SMA $30.32 +0.03%
55 SMA $30.51 -0.59%
144 SMA $30.38 -0.15%
Price Performance
+0.87% 1 Hour Change
$30.33 from $30.07
+1.77% 7 Day Change
$0.5360 from $29.79
-8.26% 14 Day Change
-$2.51 from $32.84
+23.86% 30 Day Change
$7.24 from $23.09
All Time High
December 17, 2022
$2,000.68 -98.50%
-$1,970.62 vs. now
24H Change
9.02M USD +1.78%
73 BTC
Volume and Supply
Total Supply: 17.05M WAVAX
17.05M WAVAX Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
0.86 x BTC Supply = 0.9:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
15.74M WAVAX traded over past 24 hours
92.28% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Wrapped AVAX AI Market Analysis
Wrapped AVAX (WAVAX) is currently trading at $29.79, reflecting a 24-hour change of -1.0452%. The daily price range has been relatively tight, with a high of $31.13 and a low of $29.72, indicating subdued volatility.
The trading volume of 440,890,193 suggests strong market interest, with a volume-to-market cap ratio of 86.97%. However, the hourly moving averages indicate a bearish trend, with the 8 SMA at $30.21 showing a decline of 1.40%, and other SMAs confirming a consistent downward trajectory over varying time frames.
The 1-hour RSI is significantly low at 24, suggesting that WAVAX is currently oversold in the short term. In contrast, the 7-day RSI is at 48, indicating a neutral position, while the 14-day price change of -9.71% signals potential bearish sentiment in the medium term.
Despite a positive 30-day price change of 22.08%, recent trends indicate waning momentum. The all-time high remains at $2000.68, underscoring the substantial drawdown and highlighting the need for strong bullish signals to reverse current trends.
Given the bearish indicators across multiple time frames and low RSI levels, the current market sentiment appears to favor caution. Therefore, a Hold rating is advised for WAVAX, allowing for potential recovery signs before considering any bullish positions.
The trading volume of 440,890,193 suggests strong market interest, with a volume-to-market cap ratio of 86.97%. However, the hourly moving averages indicate a bearish trend, with the 8 SMA at $30.21 showing a decline of 1.40%, and other SMAs confirming a consistent downward trajectory over varying time frames.
The 1-hour RSI is significantly low at 24, suggesting that WAVAX is currently oversold in the short term. In contrast, the 7-day RSI is at 48, indicating a neutral position, while the 14-day price change of -9.71% signals potential bearish sentiment in the medium term.
Despite a positive 30-day price change of 22.08%, recent trends indicate waning momentum. The all-time high remains at $2000.68, underscoring the substantial drawdown and highlighting the need for strong bullish signals to reverse current trends.
Given the bearish indicators across multiple time frames and low RSI levels, the current market sentiment appears to favor caution. Therefore, a Hold rating is advised for WAVAX, allowing for potential recovery signs before considering any bullish positions.
Updated 236 minutes ago.
Wrapped AVAX Relative Price at Market Cap of:
Wrapped AVAX TradingView Chart
You May Also Like
Wrapped Bitcoin WBTC
$123,981 +1.32%
Internet Computer ICP
$4.54 +0.94%
Gate GT
$16.95 +0.02%
Aerodrome Finance AERO
$1.16 +2.53%
Binance-Peg Dogecoin DOGE
$0.2547 +1.21%
Kinetiq Earn Vault VKHYPE
$48.60 -2.01%
Brett BRETT
$0.0459 +1.30%
Vision VSN
$0.1285 -1.73%
In The News
Stablecoins Help Africa Beat Inflation as Best Wallet Token Gains Momentum
Across Nairobi and Lagos, stablecoins like $USDT and $USDC have quietly become lifelines.
Cardano Price Prediction: Breakout Above $0.96 Could Fuel Rally Towards $1.30 for ADA
Cardano is holding steady above the key $0.80 support, with participants watching closely for signs of a breakout towards higher levels.
Ethereum (ETH) Price Prediction: Ethereum Mirrors Bitcoin’s 2020 Setup as $1.3B ETF Inflows Ignite Breakout Momentum
Ethereum is entering a potential expansion phase, drawing strong parallels to Bitcoin’s 2020 rally as institutional inflows surge and technical patterns point to a bullish…
SEI Coin Holds at $0.30 as Traders Eye Potential October Breakout
SEI is showing early signs of renewed momentum as the broader crypto market enters October, often dubbed “Uptober” for its historically bullish performance.