WAVES is the native token of the Waves multi-purpose blockchain which was launched in 2016. Waves blockchain is decentralized and open-sourced and can be used to build user-friendly applications with high scalability.

Applications in deal with sensitive data, personal finance, and decentralized applications that be built on the Waves blockchain due to its high security.
<h2><strong>What is Waves (WAVES)?</strong></h2>
Ukrainian-born Alexander Ivanov is the founder of Waves (WAVES). Waves blockchain uses the Proof-of-Stake consensus mechanism in its blockchain. In year 2020, the Ethereum version of Waves was launched.

Waves have remained competitive since its launched and had attracted smart contract that requires high speed and scalabilities like SIGN Art and Puzzle Swap.

Some of the top cryptocurrency exchanges for WAVES transactions include <strong>Binance, Kucoin, Bittrex, Kraken, Huobi Global, </strong>and <strong>Bitfinex</strong>.
<h2><strong>Waves (WAVES) Price Analysis</strong></h2>
Flashback: Fundamental Analysis of Waves

The adoption of the WAVES coin as one of the trusted cryptocurrencies for transactions in the Ukrainian-Russian war had led to its surge of 130.2% in the last 30 days according to CoinGecko. This is because Waves founder is a Ukrainian. If no peace deal is achieved soon, the price of WAVES could surpass the present all-time high of $62.32.

Also, the news of the Waves blockchain upgrade to Waves 2.0 in February has also increased the demand for WAVES. This is due to the expected launch of Metaverse games through the platform as it is presently compatible to Ethereum Virtual Machine.

<strong>Price Analysis of WAVES with Charts</strong>

<img class="alignnone wp-image-231018 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/04/6ds8C5U7-1024x478.png" alt="" width="1024" height="478" />

https://www.tradingview.com/x/6ds8C5U7/

From the Waves 1Day chart above, it could be observed that the price of WAVES reached the top of the Keltner Channel curve and started reversing. This is due to reduced buyer pressure as short-term investors are cashing out their recent gains.

<img class="alignnone wp-image-231019 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/04/UrnDLiO4-1024x478.png" alt="" width="1024" height="478" />

https://www.tradingview.com/x/UrnDLiO4/

The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 59.80. This means that the recent trend is strong. However, it is important for investors to be mindful of price actions at major key levels, due to the positive news about the WAVES coin.

<img class="alignnone wp-image-231020 size-large" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2022/04/Wq3DWbuZ-1024x478.png" alt="" width="1024" height="478" />

https://www.tradingview.com/x/Wq3DWbuZ/

The 200-MA is above the 100-MA and the gap between them are not too close. Also, both moving averages are below the recently formed candlesticks. This means that the market is bullish in the long term.

Now, we shall consider the price predictions of WAVES for the next five years.
<h3><strong>WAVES Price Prediction for 2022</strong></h3>
The price of WAVES is expected to reach at least $70 by the end of 2022. This bullish price prediction is because a total cease-fire might not be attained soon in the political turmoil in Ukraine. If the forecast is true, we should expect the price of WAVES to pass its present all-time high value of $62.32 this year.
<h3><strong>WAVES Price Prediction for 2023</strong></h3>
WAVES is expected to begin the year 2023 with a bullish record. The relative strength index of WAVES is expected to be above 50. This is due to its recent upgrade and major developments that will lead to its diversification into the metaverse and gaming sector. If this is achieved, the price of WAVES might reach $100 by the end of 2023.
<h3><strong>WAVES Price Prediction for 2024</strong></h3>
WAVES might hold the support level around 200-MA which is the long-term moving average. Hence, buyers will then have their way to push its price to at least $180 by the end of 2024.
<h3><strong>WAVES Price Prediction for 2025</strong></h3>
The price of WAVES will be $300 by the end of the last quarter of 2025. This is due to more adoption of WAVES due to the inflow of more developers that uses the Waves smart contract as a result of its upgrade to Waves 2.0.
<h3><strong>WAVES Price Prediction for 2026</strong></h3>
The price of WAVES will be $420 by the end of the last quarter of 2026 as a result of increased market capitalization. This will be due to the positive outlook and forecast for top cryptocurrencies like Bitcoin and Ethereum since most of the markets move in the direction of the trend.

We shall now look at different media houses' price predictions for Waves.
<h2><strong>WAVES Price Prediction: Market Sentiments</strong></h2>
<h3><strong>Wallet Investor</strong></h3>
According to Wallet Investor, the price of WAVES will reach $44.36 by next year and $93.88 in five years' time. This is due to the results of the long-term forecast for the coin that gave over 105% returns in the next five years.
<h3><strong>DigitalCoin</strong></h3>
According to DigitalCoin, the price of WAVES will reach $58.75 in 2022 and $137.50 in 2028. The coin is expected to rise by over 235% in the next six years according to their long-term forecast analysis.
<h3><strong>CoinQuora</strong></h3>
According to CoinQuora, the price of WAVES will reach $40 in 2022 and $450 by the year 2026. The price of the coin is expected to give a return on investment of over 1100% in the next four years.
<h3><strong>Our WAVES Price Prediction</strong></h3>
By the end of 2022, 2023, 2024, 2025, and 2026 the price of WAVES might trade at least $70, $100, $180, $300, and $420 respectively.
<h2><strong>Conclusion</strong></h2>
From the fundamental analysis and the market sentiment around <a href="https://www.cryptoknowmics.com/news/waves-technical-analysis-uptrend-skyrockets-above-20-mark/">WAVES</a>, we can deduce that all analyses are of the opinion that WAVES would be bullish in the future which will be rewarding for long-term investors.

Waves Price Prediction 2022-2026: Will the Price of WAVES Hit $70 by the end of 2022?

Chukwuemeka Raphael is an author and cryptocurrency news writer/analyst. As a Mathematics graduate and trained analyst, he combines his Math knowledge and strong reading culture in contributing content and analysis for the development of cryptocurrency and blockchain space.

Waves Price Prediction 2022-2026: Will the Price of WAVES Hit $70 by the end of 2022?

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