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Waves price rises 230% in just three weeks — Could a 'triple top' spoil the rally?

Published 03/10/2022, 12:05 PM
Updated 03/10/2022, 02:20 PM

Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market.

The WAVES/USD trading pair surged by nearly 75% this week to reach around $31, its best level since Oct. 28, 2021. Its rally came as a part of an upside retracement move that saw it rising by a little over 230% in three weeks.

WAVES/USD weekly price chart. Source: TradingView
The total number of Waves tokens in Neutrino smart contract as of March 10, 2022. Source: Defi Llama
NUSD market capitalization in the past 30 days. Source: CoinMarketCap
WAVES/USD weekly price chart featuring triple top. Source: TradingView

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