WazirX Price Prediction as India’s Crypto Exchange WRX Sees Investment Surge. Could It 100x in 2023?

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WazirX
WazirX

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India’s leading crypto exchange, WazirX, has seen a significant investment surge since 2023, reflecting the growing interest in crypto. This popularity surge has sparked speculation about WRX, WazirX’s native token, rising in value. Despite cryptocurrency markets’ inherent volatility and unpredictability, predicting a 100x growth in 2023 seems highly optimistic and unlikely.

WazirX was $0.1350 just a week ago, but it’s now $0.1253, a 7% drop. In the last month, WazirX has risen 32.44%.

In the past 24 hours, WRX fell 3.95%, and trading volume reached $2.883 million, suggesting a slight bearish sentiment.

WazirX Stats:

  • WRX price now – $0.1253
  • WRX market cap – $48.081 Million
  • WRX circulating supply – 381,856,872 WRX
  • WRX total supply – 962,646,669 WRX
  • WRX Coinmarketcap ranking – 361
Source: CoinMarketCap

Navigating WazirX’s Price Range: Strategies for Traders

Look at WazirX’s daily chart—it’s loaded with hints! It could face a tough challenge at $0.1669 as it rises, but if strong buyers are backing it up, there could be more gains. Watch the crucial support level at $0.1228; there might be significant losses if it drops below it. There’s still a chance for upward momentum, even if the support holds.

Source: TradingView Daily Chart

WazirX’s price range is worth watching! Below this range, watch out for resistant at $0.1669 and $0.1964, and support at $0.1228 and $0.0858. In the long run, we might see a surge beyond the range, maybe reaching $0.1750 or more, if buyers keep it above the 50-day and 100-day moving averages.

WazirX’s relative strength index is above 50, which suggests a price increase soon. It’s essential to be cautious, though. Gains could disappear quickly if the price falls below the moving averages. Use stop-loss orders to protect your profits and limit your losses.

Alternative WazirX

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Burn Kenny’s: Where Safety Meets Thrills in the World of Cryptocurrency

Burn Kenny’s team has created excitement around this covert launch. The key to their success has been their partnerships with influential figures and trusted crypto news sites.

To ensure a secure and risk-free experience, the project guarantees abundant liquidity and protection against rug pulls or pump-and-dump schemes. They offer 2.6 billion tokens (40%) in the presale and reserve 30% for liquidity. Trade volume and fairness are guaranteed with such security measures. So, get ready for an exciting presale experience with Burn Keeny!”

Although anonymous, they have a proven track record and Web3 presence. Burn Kenny’s connections with exchanges and alpha investing groups make them great partners.

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The token presale has ended, but you can still join the exciting project! Just head over to its presale page. You’ll also find additional details on the project’s Twitter and Telegram handles. Don’t miss this opportunity!

Visit BurnKenny here

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