Key Takeaways
- Our Wax predictions anticipate a high of $0.0386 by the end of 2024.
- In 2025, it will range between $0.048 and $0.0584.
- In 2030, it will achieve a max price of $0.4042
WAX (WAXP) has announced a partnership with Amazon Prime Gaming, highlighted by the debut of the innovative game Brawlers. This collaboration represents a significant achievement in the Web 3 gaming industry, combining WAX’s advanced technology with the extensive audience of Amazon Prime Gaming.
Is WAXP a good investment? Will it go up? Where will it be in 5 years? We answer these questions and more in our WAXP Cryptopolitan Price Prediction.
Overview
| Cryptocurrency | Wax |
| Ticker | WAXP |
| Current Price | $0.028 |
| Market Cap | $98,209,320 |
| Trading Volume | $5,910,139 |
| Circulating Supply | 13,492,371,759 WAXP |
| All-time High | $5.01 |
| All-time Low | $0.015 |
| 24-hour High | $0.0292 |
| 24-hour Low | $0.028 |
Wax Price Prediction: Technical Analysis
| Metric | Value |
| Current Price | $ 0.02898 |
| Price Prediction | $ 0.037447 (29.83%) |
| Fear & Greed Index | 26 (Fear) |
| Sentiment | Bearish |
| Volatility | 5.90% |
| Green Days | 15/30 (50%) |
| 50-Day SMA | $ 0.035762 |
| 200-Day SMA | $ 0.057228 |
| 14-Day RSI | 37.64 |
Wax Price Analysis: WAXP struggles around $0.028
Key Takeaways
- Wax price struggles around $0.028
- Bears aim to solidify their control by further selling pressure
Wax/USD 1-day Chart: Wax registers negative momentum
Wax price has been struggling around $0.028 as bears intensify their dominance. The RSI level has dropped below the midline to 35, strengthening bearish positions.
Wax/USD 4-hour Chart: WAXP declines below EMA trend lines
Wax price is declining below immediate Fib channels. As bears are increasing their domination, the price is struggling to hold above EMA trend line.
Wax Technical Indicators: Levels and Action
Daily Simple Moving Average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.030603 | SELL |
| SMA 5 | $ 0.030236 | SELL |
| SMA 10 | $ 0.033014 | SELL |
| SMA 21 | $ 0.033396 | SELL |
| SMA 50 | $ 0.035762 | SELL |
| SMA 100 | $ 0.042558 | SELL |
| SMA 200 | $ 0.057228 | SELL |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
| EMA 3 | $ 0.032682 | SELL |
| EMA 5 | $ 0.032606 | SELL |
| EMA 10 | $ 0.032638 | SELL |
| EMA 21 | $ 0.03357 | SELL |
| EMA 50 | $ 0.037165 | SELL |
| EMA 100 | $ 0.044214 | SELL |
| EMA 200 | $ 0.05216 | SELL |
What can we expect from Wax Price Analysis Next?
Based on our latest WAX price forecast, we expect the price of WAX to increase by 29.80%, reaching approximately $0.03704 by October 5, 2024. Current technical indicators suggest a bearish market sentiment, and the Fear & Greed Index indicates a level of 29, categorized as ‘Fear’. Over the past 30 days, WAX has experienced 17 out of 30 green days and a price volatility of 6.34%.
Is Wax a Good Investment?
It’s not straightforward to assess. WAXP has shown remarkable resilience, quietly becoming one of the big crypto success stories of 2022—a year many in the sector would prefer to forget, as it consistently outperformed the market. However, the project has gone quiet in recent months of 2024.
As WAXP price is set to surge further, it can be a good investment option in the long run. As with any cryptocurrency investment, conducting thorough research is crucial before investing in WAXP.
Why is the WAXP Price Down Today?
WAXP price witnessed a bearish reversal as sellers defended the $0.03 level strongly.
Will WAXP Price Reach $0.1?
WAXP price might soon reach the $0.1 mark in 2040 if the buying demand continues to surge and Wax attracts altcoin investors.
Will WAXP Price Reach $1?
Due to the effort of the community, Wax Coin’s prices will continue to increase. However, there is currently no indication that the Wax (WAXP) Coin will reach $1 in the near future, which is a long-term target.
Is WAXP a Good Long-Term Investment?
WAXP has gained popularity thanks to strong community support. However, it’s crucial to conduct thorough research into their long-term potential to determine if it represents a viable long-term investment.
Recent News/ Updates
- WaxFusion.io has officially launched on the WAX blockchain, introducing a new liquid staking protocol that features multiple reward streams and the innovative POL Flywheel mechanism. This development offers WAX holders a novel DeFi opportunity to enhance their earnings.
WAXP Price Prediction September 2024
Over the last few days, WAXP coin price has been on a downward trend and it aims to drop below crucial Fib levels. If the BTC price aims for a recovery above $65K this month, we might see a solid recovery in the WAXP price.
According to technical analysis, we might see the WAXP price to record the maximum level of $0.03 and minimum price of $0.019 with an expected average trading price of $0.025 throughout September.
| Wax Price Prediction | Potential Low | Potential Average | Potential High |
| Wax Price Prediction September 2024 | 0.019 | 0.025 | 0.03 |
Wax Price Forecast 2024
The effects of Bitcoin Halving typically appear 12-18 months afterward, but 2024 might see a different trend due to heightened institutional interest and improved macroeconomic factors.
In 2024, the minimum expected price of WAX is $0.0339. It could reach a high of $0.0386, with an average price of $0.0354 throughout the year.
| Wax Price Prediction | Potential Low | Potential Average | Potential High |
| Wax Price Prediction 2024 | 0.0339 | 0.0354 | 0.0386 |
Wax Price Prediction 2025-2030
| Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
| 2025 | 0.048 | 0.0495 | 0.0584 |
| 2026 | 0.068 | 0.0705 | 0.0857 |
| 2027 | 0.1019 | 0.1054 | 0.1179 |
| 2028 | 0.152 | 0.1562 | 0.1802 |
| 2029 | 0.232 | 0.2382 | 0.2679 |
| 2030 | 0.3375 | 0.3495 | 0.4042 |
Wax Price Prediction 2025
In 2025, WAX is forecast to have a minimum price of $0.0480. It could peak at $0.0584, with an average price of $0.0495 for the year.
WAXP Price Forecast for 2026
For 2026, WAX is anticipated to reach a minimum price of $0.0680. The maximum price could be $0.0857, with an average of $0.0705 throughout the year.
WAX (WAXP) Price Prediction 2027
By 2027, WAX is expected to have a minimum price of $0.1019. The maximum price could reach $0.1179, with an average trading price of $0.1054.
WAX Price Prediction 2028
In 2028, the price of WAX is predicted to be at least $0.1520. It could rise to a maximum of $0.1802, with an average of $0.1562 throughout the year.
WAX Price Prediction 2029
In 2029, WAX is forecast to start at a minimum price of $0.2320. The maximum price is projected to be $0.2679, with an average trading price of $0.2382.
WAX (WAXP) Price Prediction 2030
In 2030, the minimum price for WAX is projected at $0.3375. The maximum could be $0.4042, with an average price of $0.3495 throughout the year.
Wax Market Price Prediction: Analysts’ WAXP Price Forecast
| Firm Name | 2024 | 2025 |
| Coincodex | 0.037 | 0.068 |
| Digital Coin Price | 0.062 | 0.072 |
| Changelly | 0.033 | 0.046 |
Cryptopolitan’s Wax Price Prediction
At Cryptopolitan, we are bullish on the Wax price movements as the coin is expected to surge to new highs by the end of this year. In 2024, the minimum expected price of WAX is $0.0339. It could reach a high of $0.0386, with an average price of $0.0354 throughout the year.
WAXP Historical Price Sentiment
- Launch Price (December 22, 2017): WAXP launched at a price of $4.6083.
- All-Time High (December 22, 2017): On its launch day, WAXP reached its all-time high of $4.6083.
- Price in May, 2024): The price of WAXP was $0.06092.
- Price in July 2024: WAXP was trading at $0.03641.
- Price Last Month (August 5, 2024): The price slightly declined to $0.0278.
- One Year Ago (2023): WAXP was priced at $0.04912.
- All-Time Low (30 December, 2019): Recently, WAXP hit its all-time low of $0.015.
