WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared,While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process. This move comes as prices marginally passed resistance at $10.45, nearing their highest level since May 11 as a result.Looking at the chart, the 14-day RSI also broke out of its own ceiling, as it moved past the 43 level earlier in the day.
As a result of this rise in momentum, the moving averages of 10 and 25 days now look set for an upwards cross, which could see prices climb even further. As of writing, gains in WAVES have somewhat eased since hitting earlier resistance, and the asset is currently trading at $10.08, which is still 5.32% higher than yesterday’s top.
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