Magneticshr
  • Home
  • Privacy Policy
  • Sitemap
  • Contact Us
Magneticshr

Wanchain Price Prediction: Will WAN Be Worth in 2024?

  • Kane Dane
  • September 12, 2021

Wanchain is a blockchain platform that aims to build a decentralized financial market. It has an ambitious goal of connecting the world’s digital assets and providing interoperability between different chains. The project was founded by Jack Lu, one of the co-founders of Ethereum.

The wanchain price prediction 2024 is a question that has been asked for some time now. There are many different opinions, but the general consensus is that WAN will be worth more in 2024.

  • The Wide Area Network (WAN) is a distributed ledger that allows for cross-chain transactions.
  • For 2024, a bearish WAN price forecast is $0.818.
  • If the price of WAN rises over $2.518 in the near future, it may hit $1.707.

This post on Wanchain Price Prediction 2024 is solely based on technical analysis. In this post, you’ll learn about the main factors that went into our WAN pricing study and forecast.

According to CoinGecko, the cryptocurrency Wanchain has increased by more than 70% in a week, reaching a high of $1.21.

In terms of market capitalization, WAN has a market value of about $190 million. WAN also has a daily trading volume of above $15 million on average. 

Wanchain is a distributed ledger that allows for cross-chain transactions and multi-chain interoperability. Wanchain is a stand-alone blockchain that operates independently, even though it enables transactions across blockchains. Furthermore, WAN is an ERC-20 token.

The cryptocurrency trades on exchanges such as Binance, Huobi Global, BKEX, KuCoin, and Bitrue for interested crypto traders.

Is WAN a smart investment in 2024, given these recent developments? In this WAN price analysis 2024 essay, we’ll discover out.

Price Analysis of Wanchain (WAN)

Wanchain’s Simple Moving Average (SMA), Exponential Moving Average (EMA), and Relative Search Index (RSI) are shown in the graph below (WAN).

Wanchain-Price-Prediction-Will-WAN-Be-Worth-in-2021Price trend for WAN/USDT with SMA and EMA (Image courtesy of TradingView)

WAN has performed well over the last several days, despite the crypto world’s dramatic price fluctuations. In addition, the graph depicts the cryptocurrency’s price increase of almost 70% in the last seven days. 

1629229235_85_Wanchain-Price-Prediction-Will-WAN-Be-Worth-in-2021WAN/USDT RSI (Relative Strength Index) (Source: TradingView)

Meanwhile, the WAN’s relative strength index (RSI) has already reached oversold territory. As a result, traders must be cautious since, as demonstrated in our Wanchain price forecast, WAN may produce a price reversal at any moment.

At the time of writing, the WAN price was $1.12, according to CoinGecko.

1629229236_573_Wanchain-Price-Prediction-Will-WAN-Be-Worth-in-2021Price Chart for WAN/USDT (Source: TradingView)

  • $1.707 is the first level of resistance.
  • $2.518 is the second level of resistance.
  • Level 1 Support – $0.147
  • Level 2 Support – $0.818

The graph above depicts WAN’s stellar performance during the past several days. The trend for WAN is positive. If the current trend continues, WAN will follow the bulls, breaking over the $1.707 resistance level and climbing to $2.518.

The WAN may rise beyond its all-time high (ATH) price of $9.84 if the bullish trend continues. In contrast, if investors abandon cryptocurrencies, the bears may seize control. Furthermore, the WAN price may drop to around $0.818, indicating a negative indicator.

Disclaimer: The writers’ opinions in this chart are entirely their own. It should not be construed as investment advice.

You’ve been recommended

The wanchain price prediction today is a question that asks if WAN will be worth in 2024. It’s currently valued at $0.12 with a market cap of $1,811,404,737.

Related Tags

  • wan price prediction 2025
  • wanchain price prediction reddit
  • wanchain price prediction 2024
  • wanchain price prediction 2024
  • wanchain news
Kane Dane

Previous Article

Ultra Bullish TriumphX (TRIX) Spikes Over 700% – Will It Hit $0.05 Soon?

  • Kane Dane
  • September 12, 2021
View Post
Next Article

Solana Enters Million-Dollar NFT Club By Sale of Degenerate Ape

  • Kane Dane
  • September 13, 2021
View Post
Featured
  • 1
    Where to See Real Life in Munich Without Leaving the Central Zone
    • May 11, 2025
  • 2
    How the Metaverse Will Change the Beauty Industry
    • April 23, 2025
  • 3
    Reasons Why Singapore is Becoming the Epicenter of Crypto Trading
    • April 14, 2025
  • 4
    How to Scale Your Business in the Crypto Industry: Essential Tips for Success
    • April 8, 2025
  • 5
    What Makes Singapore a Top Destination for Crypto Traders in 2025?
    • April 5, 2025
Must Read
  • 1
    Unlocking the Secrets: What is the Best Cryptocurrency to Buy for Investment?
  • Best Time to Buy Cryptocurrency 2
    Best Time to Buy Cryptocurrency: Everything You Need to Know
  • 3
    The Complete Guide to Air Compressor Service and Repair in Texas
Contact us

off@magneticshr.com

Magneticshr
  • Home
  • Privacy Policy
  • Sitemap
  • Contact Us

Input your search keywords and press Enter.