WEMIX Token is Predicted to Reach $2.84 By Feb 24, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• WEMIX Token is up 4.05% today against the US Dollar
• WEMIX/BTC increased by 4.49% today
• WEMIX/ETH increased by 4.27% today
• WEMIX Token is currently trading 31.13% below our prediction on Feb 24, 2023
• WEMIX Token gained 298.16% in the last month and is down -63.72% since 1 year ago

WEMIX price is expected to rise by 44.83% in the next 5 days according to our WEMIX Token price prediction

is trading at $ 1.95 after gaining 4.05% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 0.94% in the same time period. WEMIX performed well against BTC today and recorded a 4.49% gain against the world’s largest cryptocurrency.

According to our WEMIX Token price prediction, WEMIX is expected to reach a price of $ 2.84 by Feb 24, 2023. This would represent a 44.83% price increase for WEMIX in the next 5 days.

WEMIX Price Prediction Chart

Buy/Sell WEMIX Token

What has been going on with WEMIX Token in the last 30 days

WEMIX Token has been displaying a positive trend recently, as the coin gained 298.16% in the last 30-days. The medium-term trend for WEMIX Token has been bullish, with WEMIX increasing by 29.91% in the last 3 months. The long-term picture for WEMIX Token has been negative, as WEMIX is currently displaying a -63.72% 1-year price change. On this day last year, WEMIX was trading at $ 5.39.

WEMIX Token reached its all-time high price on Nov 21, 2021, when the price of WEMIX peaked at $ 24.58. The current WEMIX cycle high is $ 24.58, while the cycle low is at $ 0.130789. WEMIX has been displaying high volatility recently – the 1-month volatility of the coin is at 39.82. WEMIX Token recorded 21 green days in the last 30 days.

WEMIX Token technical analysis for today – Feb 19, 2023

The sentiment in the WEMIX Token markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.83, $ 1.79 and $ 1.71, while $ 1.95, $ 2.03 and $ 2.08 are the key resistance levels.

Bullish sentiment for WEMIX Token

24 indicators are currently signaling a bullish prediction for WEMIX Token, while 6 indicators are showing a bearish forecast. With 80% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for WEMIX Token.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 60 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

WEMIX Token moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how WEMIX Token is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for WEMIX Token is at 73.63, suggesting that WEMIX is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of WEMIX Token over the last 50 days. Currently, WEMIX Token is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WEMIX closing price for the last 200 days. WEMIX is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this WEMIX Token prediction

After considering the above factors, we can conclude that the current forecast for WEMIX Token price prediction is Bullish. WEMIX would have to increase by 44.83% to hit our $ 2.84 target within the next five days. Moving forward, it will be important to monitor the WEMIX market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term WEMIX Token price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.