WSTETH Price Performance and Relative Strength

Wrapped stETH WSTETH

Current Price

$3,435.54 +2.77%

$148.66 Daily Range (4.33%)

$3,327.85$3,476.51

$30.91M Daily Volume

357 BTC

Vol/MktCap: 0.27%

Resistance Zone

HTF: 45 (Support Zone)

Market Performance

+0.11% 0.0397 BTC

+0.13% 1.22 ETH

+2.75% 3,436.79 USDT

-3.62% 1,675.87 XRP

+0.09% 4.06 BNB

0.06% Relative BTC Volume

The total volume of Wrapped stETH is $30.91M over the past 24 hours, compared to $47.95B total Bitcoin volume.

Hourly Moving Average

8 SMA $3,429.09 +0.19%

13 SMA $3,421.94 +0.40%

21 SMA $3,395.57 +1.18%

55 SMA $3,362.36 +2.18%

144 SMA $3,555.05 -3.36%

+0.11% 1 Hour Change

$3,435.54 from $3,431.92

-10.68% 7 Day Change

-$366.96 from $3,802.50

-18.43% 14 Day Change

-$633.24 from $4,068.78

-28.35% 30 Day Change

-$974.12 from $4,409.66

May 13, 2022

$7,256.02 -52.60%

-$3,816.40 vs. now

$11.36B Market Cap

131,212 BTC

24H Change

309.03M USD +2.80%

3,568 BTC

Total Supply: 3.30M WSTETH

3.30M WSTETH Available

100.00% 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

0.17 x BTC Supply

0.2:1 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

9.08K WSTETH traded over past 24 hours

0.27% 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.

Markets and Insights

Web Search

Conversion Tool

Wrapped stETH AI Market Analysis

Wrapped stETH (WSTETH) is currently trading at $3,449.52, reflecting a 3.51% increase over the last 24 hours. The price has experienced a daily range of $147.80, with a high of $3,448.79 and a low of $3,300.99, indicating significant volatility within the period.

The trading volume stands at approximately $40.07 million, resulting in a volume-to-market cap ratio of 0.35%. The hourly moving averages show short-term bullish momentum, with the 8 SMA at $3,352.71 (+2.89%) and the 13 SMA at $3,340.62 (+3.26%), while longer-term averages like the 144 SMA at $3,594.73 reflect a negative trend of -4.04%.

The 1-hour RSI is at 73, suggesting that WSTETH is currently overbought in the short term, while the 7-day RSI at 44 indicates neutral market conditions. Over the last week, WSTETH has decreased by 11.45%, with more substantial declines of 16.18% and 27.13% over the 14-day and 30-day periods, respectively, indicating a bearish trend.

Despite recent upward movement, the substantial declines over longer periods suggest caution among investors. The all-time high of $7,256.02, achieved in May 2022, remains a significant benchmark, emphasizing the current price's distance from previous peaks.

Given the current overbought conditions and the bearish trends over the longer timeframes, it is advisable to adopt a cautious stance. Therefore, the rating for WSTETH is Hold, as the short-term gains may not outweigh the longer-term bearish sentiment.

Updated 672 minutes ago.