After a big dump at wrx it's a tym to check its resistance where coincidently its resistance and MA cross(20 and 200) going to meet.
if it rejects wrx will consolidate for a while and again retest its resistance
Hey everyone,
WazirX Coin might 2x soon. It you might not get instant results, but it might take 2 or 3 weeks. WRX might be very volatile right now because of Indian news of Cryptocurrency ban and a lot of customers of wazirx have lost their trust in the exchange due to constant app crashes. According to the technical analysis, it might go for another high.
As you guys can see in chart it is forming "Ascending Triangle" in Weekly Time Frame which is bullish pattern and if this week candle does not break this triangle than it has probability to break triangle in upside which is very bullish and we have 3 days left for weekly closing, we have to wait if this weekly doesn't break than next weekly candle most probability...
WRXUSDT looks bullish to me it seems cup and handle in 1 day chart lets hope for the best there are many events and difi of wrx so i am bullish on this
First of all WRX has come into its value area where buyers expect price to go higher, Plus on all higher timeframe 1,4 and daily price is above 200 ema which tells you that: 1. price will be in uptrend. 2. price has supported its value area and now due to principles of value area price will move to its higher zone. 3. As seen in WRX we can also see momentum...
Cup and Handle pattern is formed ,which is bullish.
The price pierced the neck line, so it is good to buy.
TARGET : 1.5$
(I just now noticed it, sorry for the late post)
Hello guys in chart you can see it is forming "Falling Wedge Pattern", if this pattern gets breakout than its take profit target would be $1.68....So guys just keep eyes on WRX.
I'll go through WRX Coin Price Prediction. I Perform a technical analysis on wrx across several time frames with best intraday indicators using exponential moving average (EMA) and Relative strength index (RSI) Indicator.
WRX will breakout soon head and shoulder pattern.
WazirX recently launched NFT and another major positive news that making headline is circular released by Reserve Bank of India (RBI) to allow banks to corporate with the customer who willing to invest in crypto currency’s, recently Indian banks refused to allow payments for crypto related transactions but RBI circular set a positive sign for crypto investor in...
WRX token had been severely undervalued at 57 and a bounce back was inevitable. Currently it went up by 140% and tried to breakout from the trendline. If its successful, it might be time for next leg up. Otherwise, as RSI is overbought as well, it might fall a little to increase again next time.
Expecting a bit more fall to the downside towards the low of the channel. Will be buying at those levels targeting the double top levels for a profit of about 20%.
