Waves (WAVES) extended its losing streak this week, posting daily, weekly, and monthly losses of 1.5%, 3%, and 19%, respectively, as the broader cryptocurrency market entered a correction phase driven by macroeconomic headwinds and weakening risk appetite. A mix of U.S.–China trade tensions, inflation concerns, and a sell-off in global equities has pressured risk assets. The question now is — can Waves recover from this decline and reach $1 before the year ends?
WAVES Trades Near $0.81 as 23% Recovery Needed for $1
Waves (WAVES) is currently trading around $0.81. To reach the $1 target, the token would need to climb about 23% from its current price.
The TradingView chart shows that Waves continues to trade within a descending channel formed since late September. The price has been moving with lower highs and lower lows, indicating a continued bearish structure.
All major moving averages remain above the current price. The 20-day EMA is around $0.87, the 50-day EMA near $0.96, the 100-day EMA at $1.03, and the 200-day EMA around $1.12. When the price stays below these averages, it usually confirms that sellers still control the market.
The Relative Strength Index (RSI) is near 36, which shows weak buying momentum but suggests that the token is approaching oversold territory. A dip below 30 could signal a potential bounce, though a clear reversal is not yet visible.
The nearest support zone lies around $0.75–$0.78, followed by a stronger level at $0.70. On the upside, immediate resistance sits between $0.90–$1.00, aligning with the 20-day and 50-day EMAs. A confirmed breakout above this range would be the first sign of recovery.
Based on the current structure, here are three likely scenarios for the rest of 2025:
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Base Case: If the market stabilizes and Waves breaks above $0.90 with steady volume, it could trade between $0.95 and $1.10 by year-end.
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Bull Case: A stronger market rally and higher liquidity could lift it to $1.20–$1.40.
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Bear Case: If resistance holds and broader sentiment weakens, Waves could stay between $0.70 and $0.85.
The most probable outcome for now is the base case, where the token reclaims $1 with moderate upside momentum before December.
Historical Performance: Can History Repeat Itself?
Waves has closed above $1 in several previous years and crossed $10 during the 2017 and 2021 bull markets. However, its all-time high of $62.36, reached in March 2022, remains far out of reach under current market conditions. The token has since lost more than 98% of its peak value, underscoring how drastically market sentiment has shifted since the last major bull cycle.
In mid-2024, Binance delisted WAVES, triggering a sharp decline in liquidity and trading volume. Since then, the token’s accessibility across major exchanges has diminished, leading to more volatile price swings and weaker price support.
Lower liquidity also means reduced participation from market makers, making it harder for Waves to sustain a consistent upward move — a key challenge for any attempt to regain the $1 level.
The overall market environment remains influenced by macro uncertainty and new regulatory shifts. High bond yields, a strong U.S. dollar, and continued trade friction have discouraged risk-taking in crypto. Meanwhile, the recent U.S. stablecoin regulation framework has improved clarity but increased compliance burdens on smaller blockchains.
Investor focus has shifted to larger ecosystems driving growth in DeFi, RWAs, and high-performance Layer-1 networks. Waves currently plays a limited role in these dominant narratives, which restricts its exposure to fresh capital inflows.
Can Waves Reach $1 by Year-End?
Waves could reach $1 by December if the token breaks above the $0.90 resistance zone and sustains higher volume. A close above the 50-day EMA ($0.96) would confirm short-term bullish momentum.
However, if the WAVES price continues to trade below key moving averages and liquidity remains low, the token is likely to consolidate between $0.75 and $0.90 through the final quarter.
Reaching $1 remains a realistic target — but it will depend heavily on the broader market’s recovery and Waves’ ability to attract new ecosystem activity.
What About $10?
Waves last crossed $10 in 2017 and 2021, during times of broad crypto euphoria. For that price to return, the token would need to gain over 1,100% from its current level. Such growth typically follows a full-scale bull market with heavy inflows and renewed speculative demand.
Given current sentiment and trading volumes, a move to $10 in 2025 is highly unlikely, though it remains a long-term possibility if the next global crypto cycle begins.
