WEMIX Token (WEMIX) Price Prediction 2024, 2025–2030

Explore short and medium-term WEMIX Token price prediction analysis and check long-term WEMIX Token forecasts for 2025, 2030, and beyond

5-Day Prediction
$?1.04302
1-Month Prediction
$?2.62
3-Month Prediction
$?2.76
6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $?0.801806
Price Prediction $?2.62  (227.32%)
Fear & Greed Index 73 (Greed)
Sentiment Bearish
Volatility 5.07%
Green Days 14/30 (47%)
50-Day SMA $?0.88261
200-Day SMA $?1.44597
14-Day RSI 39.71

According to our current WEMIX Token price prediction, the price of WEMIX Token is predicted to rise by 227.32% and reach $?2.62 by November 15, 2024. Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 73 (Greed). WEMIX Token recorded 14/30 (47%) green days with 5.07% price volatility over the last 30 days. Based on the WEMIX Token forecast, it's now a bad time to buy WEMIX Token.

$
≈ $?3,712.78

If you invest $?1,000.00 in WEMIX Token today and hold until Nov 23, 2024, our prediction suggests you could see a potential profit of $?3,712.78, reflecting a 371.28% ROI over the next 37 days (fees are not included in this estimate).

Disclaimer: This is not investment advice. The information provided is for general information 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.

Short-Term WEMIX Token Price Targets

DatePredictionPotential ROI
Oct 17, 2024$?0.801713
0.01%
Oct 18, 2024$?0.8447
5.35%
Oct 19, 2024$?0.90006
12.25%
Oct 20, 2024$?0.967675
20.69%
Oct 21, 2024$?1.04302
30.08%

Over the next five days, WEMIX Token will reach the highest price of $?1.04302 on Oct 21, 2024, which would represent 30.08% growth compared to the current price. This follows a -0.55% price change over the last 7 days.

WEMIX Token Prediction Table

202420252026202720282029203020402050
MonthMin. PriceAvg. PriceMax. PricePotential ROI
Oct 2024$?0.801713$?1.617859$?2.72
238.96%
Nov 2024$?2.47$?3.18$?3.78
371.28%
Dec 2024$?1.987197$?2.23$?2.76
243.94%

In 2024, WEMIX Token (WEMIX) is anticipated to change hands in a trading channel between $?0.801713 and $?3.78, leading to an average annualized price of $?2.34. This could result in a potential return on investment of 371.28% compared to the current rates.

WEMIX Token Price Prediction 2024

October 2024: WEMIX Prediction

With a negative market trend seen last month (with the price of WEMIX losing -8.21%), WEMIX Token is expected to reject the trend in October. The projected monthly trading range is between $?0.801713 and $?2.72, with the average monthly value sitting at $?1.617859, which would be a 85.21% increase compared to the previous month. This could offer investors a potential return of 238.96%.

Potential ROI: 238.96%

November 2024: WEMIX Prediction

Forecasts for November suggest a continuation of the market trend, with a potential price increase to $?3.18. The expected price range lies between $?2.47 and $?3.78, influenced by last month's market performance. Investors may witness a potential gain of 371.28%, if they decide to buy WEMIX at current prices and sell it at predicted rates.

Potential ROI: 371.28%

December 2024: WEMIX Prediction

WEMIX Token is predicted to finish the year by changing hands in a trading channel between $?1.987197 and $?2.76. This would entail that the price of WEMIX increased by 177.53% in comparison to today’s prices (assuming December’s average price of $?2.23). In other words, investors would generate a potential profit of 243.94% if WEMIX follows the prediction.

Potential ROI: 243.94%

WEMIX Token Price Prediction 2025

In 2025, WEMIX Token is forecasted to trade in a price channel between $?1.364381 and $?3.22. On average, WEMIX is expected to change hands at $?2.05 during the year. The most bullish month for WEMIX could be January, when the currency is anticipated to trade 301.24% higher than today.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?2.45$?2.77$?3.22
301.24%
February$?2.72$?2.81$?2.94
266.16%
March$?1.90962$?2.24$?2.79
248.30%
April$?1.756285$?2.06$?2.26
181.57%
May$?1.46089$?1.786237$?2.11
163.67%
June$?1.364381$?1.573373$?1.725663
115.22%
July$?1.449897$?1.493742$?1.530507
90.88%
August$?1.504835$?1.899449$?2.22
176.34%
September$?1.918688$?2.05$?2.21
175.21%
October$?1.970766$?2.10$?2.18
172.49%
November$?1.941926$?2.02$?2.11
163.44%
December$?1.588662$?1.784651$?1.998066
149.20%

WEMIX Token Price Prediction 2026

Generally speaking, WEMIX Token price prediction for 2026 is bullish. The WEMIX cryptocurrency is forecasted to hit a high point of $?1.729447 in January and reach a low of $?0.669142 in July. Overall, WEMIX is expected to trade at an average price of $?1.074955 in 2026.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?1.574399$?1.632215$?1.729447
115.69%
February$?1.075067$?1.333931$?1.547772
93.04%
March$?1.090971$?1.245548$?1.343146
67.52%
April$?1.099793$?1.199084$?1.439553
79.54%
May$?1.192534$?1.263227$?1.333241
66.28%
June$?1.054404$?1.144199$?1.264117
57.66%
July$?0.669142$?0.955273$?1.085658
35.40%
August$?0.684887$?0.776432$?0.949393
18.41%
September$?0.73934$?0.78838$?0.837707
4.48%
October$?0.799152$?0.928046$?0.992955
23.84%
November$?0.824373$?0.855395$?0.895659
11.71%
December$?0.742079$?0.777727$?0.847128
5.65%

WEMIX Token Price Prediction 2027

The outlook for WEMIX Token in 2027 indicates a possible uptrend, with an expected price of $?0.949974. This represents a 18.48% increase from the current price. The asset's price is projected to oscillate between $?0.733345 in June and $?1.558169 in December. Investors could see a potential ROI of 94.33%, suggesting a favorable investment environment.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?0.760093$?0.79889$?0.818558
2.09%
February$?0.757546$?0.78641$?0.810294
1.06%
March$?0.758763$?0.804122$?0.844141
5.28%
April$?0.835066$?0.916972$?1.022408
27.51%
May$?0.927745$?0.95445$?0.992059
23.73%
June$?0.733345$?0.84081$?0.937027
16.86%
July$?0.76499$?0.786752$?0.818166
2.04%
August$?0.772127$?0.793763$?0.826667
3.10%
September$?0.821301$?0.88549$?0.982852
22.58%
October$?1.004372$?1.175933$?1.499561
87.02%
November$?1.081571$?1.176749$?1.329876
65.86%
December$?1.330307$?1.479344$?1.558169
94.33%

WEMIX Token Price Prediction 2028

Following a bullish trend in the previous year, 2028 is expected to continue this momentum. WEMIX Token’s value is forecasted to increase, potentially reaching an average price of $?1.704853. The price is predicted to fluctuate between a low of $?1.256348 in February and a high of $?2.55 in September.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?1.2624$?1.445117$?1.530512
90.88%
February$?1.256348$?1.30246$?1.378414
71.91%
March$?1.263651$?1.368731$?1.478427
84.39%
April$?1.366175$?1.413754$?1.473184
83.73%
May$?1.383799$?1.409693$?1.431098
78.48%
June$?1.412182$?1.467862$?1.56168
94.77%
July$?1.50611$?1.525975$?1.545346
92.73%
August$?1.489412$?1.699752$?1.96116
144.59%
September$?1.94227$?2.25$?2.55
217.84%
October$?2.14$?2.21$?2.30
187.47%
November$?2.11$?2.23$?2.30
186.64%
December$?2.04$?2.14$?2.23
178.02%

WEMIX Token Price Prediction 2029

Forecasts for 2029 suggest that WEMIX will experience a significant growth, with expected fluctuation ranging from $?2.22 to $?5.07. Investors might anticipate a potential ROI of 532.60%, aligning with a bullish outlook for the year.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?2.22$?2.42$?2.55
217.57%
February$?2.49$?2.67$?2.81
249.90%
March$?2.79$?3.19$?3.91
388.17%
April$?3.94$?4.48$?5.07
532.60%
May$?3.42$?4.13$?4.58
471.00%
June$?2.72$?3.37$?3.75
367.08%
July$?2.91$?3.25$?3.58
346.00%
August$?2.89$?3.21$?3.56
344.58%
September$?2.67$?2.82$?3.08
284.49%
October$?2.72$?3.02$?3.17
295.92%
November$?2.93$?3.07$?3.26
306.61%
December$?2.68$?2.81$?2.88
259.14%

WEMIX Token Price Prediction 2030

In the long term, WEMIX Token could reach a price of $?2.96 in March of 2030. That’s a rather optimistic scenario, as WEMIX could trade as low as $?2.01 in September. Overall, WEMIX’s price is projected to hover at around $?2.45 during the year, about 206.04% above the current price of $?0.801806.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$?2.53$?2.61$?2.67
233.14%
February$?2.58$?2.68$?2.86
256.08%
March$?2.58$?2.79$?2.96
269.06%
April$?2.55$?2.66$?2.77
245.88%
May$?2.59$?2.64$?2.78
246.91%
June$?2.59$?2.63$?2.66
231.45%
July$?2.59$?2.62$?2.64
229.61%
August$?2.13$?2.44$?2.63
228.44%
September$?2.01$?2.10$?2.20
174.80%
October$?2.05$?2.13$?2.17
170.54%
November$?2.06$?2.09$?2.16
169.68%
December$?2.04$?2.06$?2.08
159.88%

WEMIX Token Price Prediction For Years 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Over the next several years, WEMIX Token is projected to increase, with prices potentially reaching $?5.07 by 2029. This represents a 532.60% gain from today's value. The long-term forecast suggests a bullish trend, with potential highs of $?5.07 and lows of $?0.669142 over the period.

YearMin. PriceAvg. PriceMax. PricePotential ROI
2024$?0.801713$?0.585637$?3.78
371.28%
2025$?1.364381$?2.05$?3.22
301.24%
2026$?0.669142$?1.074955$?1.729447
115.69%
2027$?0.733345$?0.949974$?1.558169
94.33%
2028$?1.256348$?1.704853$?2.55
217.84%
2029$?2.22$?3.20$?5.07
532.60%
2030$?2.01$?2.45$?2.96
269.06%

WEMIX Token Technical Analysis

Sentiment

Bearish

Based on data from October 16, 2024 at 12:38, the general WEMIX Token price prediction sentiment is bearish , with 11 technical analysis indicators signaling bullish signals, and 17 signaling bearish signals.

WEMIX price prediction was last updated on October 16, 2024 at 12:38.

WEMIX Token's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, WEMIX Token's 200-day SMA will drop in the next month and will hit $?1.402619 by Nov 15, 2024. WEMIX Token's short-term 50-Day SMA is estimated to hit $?1.303211 by Nov 15, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 39.71, which indicates that the WEMIX market is in a neutral position.

Popular WEMIX Moving Averages and Oscillators for Wed, Oct 16, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?0.777363BUY
SMA 5$?0.781288BUY
SMA 10$?0.800544BUY
SMA 21$?0.855857SELL
SMA 50$?0.88261SELL
SMA 100$?0.930713SELL
SMA 200$?1.44597SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?0.840768SELL
EMA 5$?0.84315SELL
EMA 10$?0.829353SELL
EMA 21$?0.837131SELL
EMA 50$?0.947131SELL
EMA 100$?1.152013SELL
EMA 200$?1.425688SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21-$?3.43BUY
SMA 50-$?0.51BUY
SMA 100-$?1.92BUY
SMA 200--

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?1.149906SELL
EMA 50$?1.432102SELL
EMA 100$?1.230486SELL
EMA 200--

WEMIX Token Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)39.71NEUTRAL
Stoch RSI (14)100.00SELL
Stochastic Fast (14)43.72NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)32.21BUY
Awesome Oscillator (5, 34)-0.06NEUTRAL
Momentum (10)0.00NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-56.28NEUTRAL
Ultimate Oscillator (7, 14, 28)48.46NEUTRAL
VWMA (10)0.81BUY
Hull Moving Average (9)0.80BUY
Ichimoku Cloud B/L (9, 26, 52, 26)0.85NEUTRAL

WEMIX Token Key Price Levels

Based on today's classical pivot point (P1) with the value of $?0.807636, WEMIX Token has support levels of $?0.791674, $?0.778981, and the strongest at $?0.763019. Similarly, WEMIX Token resistance levels are at $?0.820329, $?0.836291, and $?0.848984.

Support Levels

#PriceStrength
S1$?0.791674  
S2$?0.778981  
S3$?0.763019  

Resistance Levels

#PriceStrength
R1$?0.820329  
R2$?0.836291  
R3$?0.848984  

WEMIX Token Correlation

Over the past 7 days, WEMIX Token price was most positively correlated with the price of and most negatively correlated with the price of .

Positively Correlated Currencies

NameCorrelation

Negatively Correlated Currencies

NameCorrelation

WEMIX Token price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with WEMIX Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with WEMIX Token, a move in one direction for WEMIX Token would translate into a move in the opposite direction for the negatively correlated coin.

WEMIX Token Price Prediction FAQ

What is WEMIX Token's price prediction today?

Based on our WEMIX Token prediction chart, the price of WEMIX Token will increase by 0.00% and reach $?0.801713 by Oct 17, 2024.

What is WEMIX Token price prediction for tomorrow?

WEMIX Token is predicted to gain 0.00% and reach a price of $?0.801713 tomorrow.

What is the WEMIX Token price prediction for this week?

According to our WEMIX Token price prediction, WEMIX is forecasted to trade within a price range of $?0.801713 and $?1.04302 this week. WEMIX Token will increase by 30.10% and reach $?1.04302 by Oct 21, 2024 if it reaches the higher value target.

What is the WEMIX Token price prediction for next week?

The WEMIX Token price prediction for next week is between $?1.04302 on the lower end and $?1.230967 on the high end. Based on our WEMIX price prediction chart, the price of WEMIX Token will increase by 18.02% and reach $?1.230967 by Oct 28, 2024 if it reaches the upper price target.

What is the WEMIX Token price prediction for 2024?

WEMIX Token is forecasted to trade within a range of $?0.801713 and $?3.78. If it reaches the upper price target, WEMIX could increase by 371.28% and reach $?3.78.

What is the WEMIX Token price prediction for 2025?

According to our WEMIX Token price prediction, WEMIX is forecasted to trade within a price range of $?0.801713 and $?3.78 next year. WEMIX Token will increase by 371.28% and reach $?3.78 if it reaches the higher value target for 2025.

What is the WEMIX Token price prediction for 2030?

The WEMIX Token price prediction for 2030 is between $?2.22 on the lower end and $?5.07 on the high end. Based on our WEMIX price prediction chart, the price of WEMIX Token could gain 532.60% and reach $?5.07 if it reaches the upper price target.

Will WEMIX Token reach $100?

WEMIX Token would need to gain 12,371.85% to reach $100. According to our WEMIX Token prediction algorithm, the price of WEMIX Token will not reach $100. The highest expected price our algorithm estimates is $?33.76 by 2048.

Will WEMIX Token reach $1,000?

WEMIX Token would need to gain 124,618.47% to reach $1,000. According to our WEMIX Token prediction algorithm, the price of WEMIX Token will not reach $1,000. The highest expected price our algorithm estimates is $?33.76 by 2048.

Will WEMIX Token reach $10,000?

WEMIX Token would need to gain 1,247,084.72% to reach $10,000. According to our WEMIX Token prediction algorithm, the price of WEMIX Token will not reach $10,000. The highest expected price our algorithm estimates is $?33.76 by 2048.

What is the current WEMIX Token sentiment?

The current WEMIX Token sentiment is bearish according to our technical analysis. The majority of technical indicators are showing sell.

What is the WEMIX Token Fear & Greed Index and what does it indicate?

Currently, the WEMIX Token Fear & Greed Index stands at 73, which means that investors’ sentiment is in the so-called Greed zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of WEMIX Token investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in WEMIX Token?

Over the last 30 days, WEMIX Token had 14/30 (47%) green days. According to our historical data, it is currently not profitable to invest in WEMIX Token. The price of WEMIX Token decreased by -18.02% in the last 1 year, while the coin’s 3-year performance is -53.95%.

Is WEMIX Token a good buy in 2024?

Based on multiple technical quantitative indicators, the current forecast for WEMIX Token in 2024 is bearish. This could be an indication that WEMIX Token is a bad buy in 2024. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy WEMIX Token or not.

What will the price of WEMIX Token be next week?

According to our WEMIX Token forecast, the price of WEMIX Token will increase by 30.10% over the next week and reach $?1.04302 by October 21, 2024.

What will the price of WEMIX Token be next month?

According to our WEMIX Token forecast, the price of WEMIX Token will increase by 227.32% over the next month and reach $?2.62 by November 15, 2024.

What is WEMIX Token's 50-Day SMA and what does it indicate?

WEMIX Token’s 50-day SMA (simple moving average) is currently $?0.88261. The 50-day SMA indicates the average price of WEMIX Token over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive WEMIX price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.

What is WEMIX Token's 200-Day SMA and what does it indicate?

WEMIX Token’s 200-day SMA is currently $?1.44597. The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising WEMIX Token 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that WEMIX has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current WEMIX Token price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking WEMIX Token’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is WEMIX Token's 14-day RSI and what does it indicate?

WEMIX Token’s 14-day RSI is at 39.71, indicating that WEMIX is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including WEMIX Token. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will WEMIX Token go back up?

Based on our algorithmically generated price prediction for WEMIX Token, the price of WEMIX is expected to decrease by 227.32% in the next month and reach $?2.62 on Nov 15, 2024. Additionally, WEMIX Token’s price is forecasted to gain 179.67% in the next six months and reach $?2.24 on Apr 14, 2025. Finally, WEMIX Token is expected to trade at $?2.13 on Oct 16, 2025, following a 165.89% value decrease in one year.

How does our price prediction for WEMIX Token work?

The WEMIX Token price prediction on CoinCodex is calculated using the historical WEMIX Token price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic WEMIX Token prediction.

How to read and predict WEMIX Token price movements?

WEMIX Token traders use a variety of tools to try and determine the direction in which the WEMIX market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the WEMIX Token price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

WEMIX Token Price Prediction Indicators

Moving averages are among the most popular WEMIX Token price prediction tools. As the name suggests, a moving average provides the average closing price for WEMIX over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for WEMIX is a sum of WEMIX’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the WEMIX price moves above any of these averages, it is generally seen as a bullish sign for WEMIX Token. Conversely, a drop below an important moving average is usually a sign of weakness in the WEMIX market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the WEMIX price.

How to read WEMIX Token charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of WEMIX Token with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about WEMIX Token’s price action in 1-hour chunks. Each candlestick will display WEMIX’s opening price, closing price, as well as the highest and lowest prices that WEMIX Token reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of WEMIX Token?

Just like with any other asset, the price action of WEMIX Token is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of WEMIX. The market capitalization of WEMIX Token can change significantly in a short period of time.

When trying to make a WEMIX Token forecast, many traders also try to monitor the activity of WEMIX “whales”, which are entities and individuals that control large amounts of WEMIX. Since the WEMIX Token market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on WEMIX Token’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute 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.

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