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

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

Updated: 26 July 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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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

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.

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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Time to hit the bed!

Tomorrow awaits a new journey to the moon! 🚀💤#GoodNight, everyone! #BurnKennyCoin #ToTheMoon pic.twitter.com/DlQkdNRH85

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