WAN Technical Analysis in a Weekly Timeframe

31 Agu

Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.

Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.

Now, let’s dive into this chart analysis:

WAN is currently at a support trendline of $0.15 and is likely to rebound after the weekly close. The lower support at $0.1077 can be considered if WAN drops below the support trendline.

The RSI has not yet reached the oversold zone, indicating a possibility of further bearish movement.

A rebound will likely face the resistance trendline, and a bullish rally could follow if WAN closes above the resistance trendline.

Key levels:

- Primary Support: $0.15.
- Lower Support: $0.1077.
- Primary Resistance: $0.25.
- Long-term Target: $2.6.

DYOR. NFA.

Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!

Thank you!

#PEACE