WAX Hits All-Time Low, Can It Go Lower? 1,800% Potential

20 wrz

When there is a strong bullish wave, a correction always follows. This is the normal price dynamic that tends to happen across the Cryptocurrency market. While swings; up-waves followed by down-waves.

Between each up and down wave, we get a consolation phase. A period of neutral or sideways action. In the chart above this cannot be appreciated because we are using the logarithmic scale but look at the one below; notice how the big "mountain" is followed by a very long flat period, this is the preparation for the next bullish run:



So now the bottom signal shown on the main chart can be appreciated more fully.


➖ Technical Analysis

We have the lowest price ever for WAXPBTC, a true All-Time Low (ATL).
This all-time low can lead to a new bullish phase. A bullish phase is not only a small price jump but an actual uptrend with higher highs and higher lows.

From what we've seen from other charts, this uptrend can least between a few weeks up to several years.

For example, WAXPBTC went bullish for 322 days in 2021.
Total growth amounted to more than 1,600%.

Something similar... We are looking at the biggest, better, highest and strongest bullish wave since the last bull-market took place. This is in 2025 and the last bull-market was in 2021, four years ago.

This is why we have many doubts about the potential for what is coming, because it happened long ago; but, when you truly think about it, four years is not that long.

I've been alive for decades and I've never been smart enough to fully take advantage of something like this. It will continue to happen. Will we make the same mistakes of the past? Or are we going to prepare, plan, take action and succeed?

Are you in the doubt group or are you here to win with me?

Namaste.