WAX (WAXP) — trend status, signal and risk

WAX (WAXP) is the number 781 cryptocurrency by market capitalisation, worth $22.7M at the last daily close. This coin has stayed off the trending feeds entirely, which is the normal state for most of the market. Last close: $0.00485706 — +0.6% over 24 hours, +9.7% over a week, +39.2% over a month. $1.4M changed hands in a day, 6% of the coin's market value. On daily closes the technical model scores 60 out of 100 across 10 checks, a buy reading. The oscillator reads 57, which is the neutral band. Against its 50-day mean the coin trades +16.6% above. The Supertrend has held its upward reading for 45 days. Across 90 closes the gap to the high is -11.2% and to the low +38.5%. The reading uses 399 daily closes, starting from August 2025. Inside the 20-day Bollinger band the price is in the upper half of the band, at the 71% mark.

At 50, the ADX indicates a trend with real force behind it, and the directional lines favour buyers. Yesterday's volume was 0.88× the 20-day average, close to normal. 2 days have passed since the 90-day peak. Impossible Cloud Network Token is the next coin up in size; SKALE the next one down. Set against the market median of +0.9%, WAXP is +0.3% worse. On the MACD the fast line sits above the slow one. Distance to the 200-day line: +8.4% below it. Sector-wise it is classed as Layer 1 chains, Gaming tokens, NFT tokens. The checks it clears include price above the 50-day moving average; the ones it does not are price above the 200-day moving average and 50-day ema above the 200-day ema. Its hype-risk score is 15, with market capitalisation and 7-day price change contributing most.

Hype-risk breakdown — 15/100