Wax price prediction 2025-2031: Is WAXP a good investment?

Key Takeaways

• The Wax predictions anticipate a high of $0.0603 by the end of 2025.
• In 2028, it will range between $0.140 and $0.160.
• In 2031, it will achieve a max price of $0.261.

WAX (WAXP) has announced a partnership with Amazon Prime Gaming, highlighted by the debut of the innovative game Brawlers. This collaboration represents a significant achievement in the Web 3 gaming industry, combining WAX’s advanced technology with the extensive audience of Amazon Prime Gaming.

Is WAXP a good investment? Will it go up? Where will it be in 5 years? We answer these questions and more in our WAXP Cryptopolitan Price Prediction.

Overview

Wax price prediction: Technical analysis

Wax price analysis: Downside results in loss below $0.0320

Key Takeaways

• WAX price analysis confirmed a downtrend at $0.0320.
• Cryptocurrency lost up to 3.67% of value.
• WAXP coin prices target next resistance at $0.0340.

On February 24, 2025, WAX price analysis revealed a decreasing trend for the currency. Coin value has deteriorated to $0.0320 low in the last 24-hours. Side by side, the currency lost up to 3.67% of value during the day. Despite the earlier bullish attempts for recovery, the bears have secured the lead since yesterday.

WAX/USD price analysis on a daily basis

The one-day price chart of WAX coin confirmed a bearish trend for the cryptocurrency. WAXP/USD value has been reduced to $0.0320 during the day. The rising volatility signals a higher chance of reversal in the approaching days.

The distance between the Bollinger bands determines the volatility. This distance is widening, resulting in rising volatility. Moreover, the upper band of the Bollinger bands indicator, acting as the resistance, has shifted to a $0.0340 high. Whereby, its lower band, serving as the support, has moved to $0.0302 low. 

The Relative Strength Index (RSI) indicator is in the neutral region. Its value has dropped down to an index of 43.40 in the last 24-hours. The descending curve on the RSI graph signifies a bearish side. The selling activities have growb since yesterday, leading to a constant decline. 

WAX/USD price analysis on the 4-hour chart

The four-hour price analysis of WAX signifies a bearish trend for the currency. The cryptocurrency value has declined to $0.03208 over the last few hours. The bulls attempted to secure recovery earlier; however, the bears are now on the lead. 

The Bollinger bands are widening, leading to rising volatility. This rise in the volatility levels signals a higher market unpredictability for the coming hours. Moving on, the upper Bollinger band has shifted to $0.0343 high, indicating the resistance boundary. Conversely, the lower Bollinger band has moved to $0.0315, securing the support. 

The RSI indicator is present within the neutral region for now. Currently at 42.96 and still moving downward, this marks a bearish trend. The selling pressure has been growing since the last four hours. This decreasing trend marks an unbalanced trading setup.

Wax technical indicators: Levels and action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What can we expect from Wax price analysis next?

WAX price analysis gives out a highly bearish prediction regarding the ongoing market trends. Coin value has lowered to $0.0320 in the past 24-hours. From an overall perspective, the currency devalued up to 3.67 percent today. Technical indicators give out a strong bearish verdict with respect to the current market scenario. Lastly, the price charts project a bearish overview of the market inline with the recent downturn as well. 

Why is the WAXP price down today? 

WAXP price witnessed a bearish reversal; moreover, buyers defended the $0.0340 level strongly.

Is Wax a good investment?

It’s not straightforward to assess. WAXP has shown good performance in 2024 and also earlier in 2022. The token is trading almost near its bottom price levels, and it has lost almost 49% of its value in the previous year. However, its price gains and losses have been consistent with the overall fluctuations in the cryptocurrency market.

As WAXP price is set to surge further, it can be a good investment option in the long run. As with any cryptocurrency investment, conducting thorough research is crucial before investing in WAXP.

Will wax coins go up?

Yes, the WAXP coin price is expected to increase over the coming years; the highest expected price of WAX is 0.261453, which could be achieved by 2031.

How much is wax worth?

WAX/USD is worth $0.032 at press time, with an RSI score in the medium range, which means there are chances for improvements soon.

Will WAXP price reach $0.1?

WAXP price might soon reach the $0.1 mark in 2027 if the buying demand continues to surge and Wax attracts altcoin investors. 

Will WAXP price reach $1?

Due to the effort of the community, Wax Coin’s prices will continue to increase. However, there is currently no indication that the Wax (WAXP) Coin will reach $1 in the near future, which is a long-term target.

What is the highest price of WAXP?

WAXP clocked its highest price nearly 7 years ago. On January 09, 2018, it achieved an all-time high of $2.77.

Is WAXP a good long-term investment?

WAXP has gained popularity thanks to strong community support. However, it’s crucial to conduct thorough research into their long-term potential to determine if it represents a viable long-term investment.

Recent News/ Updates

• WAX blockchain announced in a post that they will be optimizing RAM in order to support the accounts that are more active. The network said they also want to ensure that users, block producers, and developers also have a smooth experience.

WAXP price prediction February 2025

According to WAX price prediction, the WAXP price may record a maximum level of $0.0379 and minimum price of $0.0280 with an expected average trading price of $0.0335 throughout February.

Wax price forecast 2025

In 2025, the minimum expected price of WAX is $0.0402. It could reach a high of $0.0603, with an average trading price of $0.0502 throughout the year.

Wax price predictions 2026-2031

WAXP price forecast for 2026

For 2026, WAX is anticipated to reach a minimum price of $0.0737. The maximum price could be $0.0938, with an average of $0.0837 throughout the year.

WAX (WAXP) price prediction 2027

By 2027, WAX is expected to have a minimum price of $0.107. The maximum price could reach $0.127, with an average trading price of $0.117.

WAX price prediction 2028

In 2028, the price of WAX is predicted to be at least $0.140. It could rise to a maximum of $0.160, with an average of $0.150 throughout the year.

WAX price prediction 2029

In 2029, WAX is forecast to start at a minimum price of $0.174. The maximum price is projected to be $0.194, with an average trading price of $0.184.

WAX (WAXP) price prediction 2030

In 2030, the minimum price for WAX is projected at $0.207. The maximum could be $0.227, with an average price of $0.217 throughout the year.

Wax price prediction 2031

In 2031, WAX is forecast to have a minimum price of $0.241. It could peak at $0.261, with an average price of $0.251 for the year.

Wax market price prediction: Analysts’ WAXP price forecast

Cryptopolitan’s Wax price prediction

At Cryptopolitan, we are bullish on the Wax price movements as the coin is expected to surge to new highs by the end of this year. In 2025, the minimum expected price of WAX is $0.0402. It could reach a high of $0.0603, with an average price of $0.0502 throughout the year.

WAXP historical price sentiment  

• Launch Price (December 22, 2017): WAXP launched at a price of $4.6083.
• All-Time High (December 22, 2017): On its launch day, WAXP reached its all-time high of $4.6083.
• Price in May, 2024): The price of WAXP was $0.06092.
• Price in July 2024: WAXP was trading at $0.03641.
• Price Last Month (August 5, 2024): The price slightly declined to $0.0278.
• One Year Ago (2023): WAXP was priced at $0.04912.
• All-Time Low (30 December, 2019): Recently, WAXP hit its all-time low of $0.015.

• WAX blockchain ecosystem was developed in 2017, with a launch price of $4.6083 on December 22, 2017, based on EOS chain.
• 2018 saw a swift descent of the coin from $0.3914 at the start to $0.037 in December.
• In July 2019, WAX was trading at $0.0794, but soon it corrected down to its all-time low of $0.015 on December 30.
• In 2020, WAX’s price improved to a $0.0508 range by the mid-year following a slow ascent.
• 2021 proved a good year for WAX crypto as it enjoyed positive sentiment from the cryptocurrency market and peaked at $0.681 in November.
• Strong corrections followed throughout 2022, as the token remained on a downward spiral for most of the year, reaching $0.0418.
• In 2023, WAXP was trading in a range of $0.039 to $0.082, shedding almost half of its value.
• Bullish markets of 2024 proved favorable for the token as it increased to $0.1 in March; however, the token followed a bearish route later during the year.
• WAX token entered 2025 in a corrective phase, reaching $0.0382 by the end of January and $0.0319 in February.