Wall Street Memes (WSM) Price Prediction 2024, 2025–2030 | CoinCodex (2024)

According to our current Wall Street Memes price prediction, the price of Wall Street Memes is predicted to rise by 228.07% and reach $ 0.009186 by October 15, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 51 (Neutral). Wall Street Memes recorded 14/30 (47%) green days with 11.19% price volatility over the last 30 days. Based on the Wall Street Memes forecast, it's now a good time to buy Wall Street Memes.

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Based on the historical price movements of Wall Street Memes and the BTC halving cycles, the yearly low Wall Street Memes price prediction for 2025 is estimated at $ 0.0028. Meanwhile, the price of Wall Street Memes is predicted to reach as high as $ 0.013232 next year. Using the same basis, here is the Wall Street Memes price prediction for each year up until 2030.

Wall Street Memes price prediction 2025

The Wall Street Memes price prediction for 2025 is currently between $ 0.0028 on the lower end and $ 0.013232 on the high end. Compared to today’s price, Wall Street Memes could gain 372.95% by 2025 if WSM reaches the upper price target.

Wall Street Memes price prediction 2030

The Wall Street Memes price prediction for 2030 is currently between $ 0.00706 on the lower end and $ 0.011448 on the high end. Compared to today’s price, Wall Street Memes could gain 309.19% by 2030 if it reaches the upper price target.

Wall Street Memes's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strenght Index - RSI (14)

Based on our technical indicators, Wall Street Memes's 200-day SMA will drop in the next month and will hit $ 0.00532 by Oct 15, 2024. Wall Street Memes's short-term 50-Day SMA is estimated to hit $ 0.00438 by Oct 15, 2024.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 57.52, which indicates that the WSM market is in a neutral position.

Popular WSM Moving Averages and Oscillators for Sun, Sep 15, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Wall Street Memes Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

Wall Street Memes Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.002813, Wall Street Memes has support levels of $ 0.00274, $ 0.002649, and the strongest at $ 0.002576. Similarly, Wall Street Memes resistance levels are at $ 0.002904, $ 0.002977, and $ 0.003068.

Wall Street Memes Correlation

Over the past 7 days, Wall Street Memes price was most positively correlated with the price of and most negatively correlated with the price of .

Wall Street Memes price is correlated with the top 10 coins by market cap with a price of , excluding Tether (USDT) and correlated with the top 100 coins by market cap excluding all stablecoins with a price of .

Currencies that are positively correlated with Wall Street Memes indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Wall Street Memes, a move in one direction for Wall Street Memes would translate into a move in the opposite direction for the negatively correlated coin.

To get a better idea of what could happen to the Wall Street Memes price in the future, it’s helpful to also explore Wall Street Memes’s price history. In the last month, the WSM/USD pair is down .

How to read and predict Wall Street Memes price movements?

Wall Street Memes traders use a variety of tools to try and determine the direction in which the WSM market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Wall Street Memes price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Wall Street Memes Price Prediction Indicators

Moving averages are among the most popular Wall Street Memes price prediction tools. As the name suggests, a moving average provides the average closing price for WSM over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for WSM is a sum of WSM’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the WSM price moves above any of these averages, it is generally seen as a bullish sign for Wall Street Memes. Conversely, a drop below an important moving average is usually a sign of weakness in the WSM market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the WSM price.

How to read Wall Street Memes charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Wall Street Memes with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Wall Street Memes’s price action in 1-hour chunks. Each candlestick will display WSM’s opening price, closing price, as well as the highest and lowest prices that Wall Street Memes reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Wall Street Memes?

Just like with any other asset, the price action of Wall Street Memes is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of WSM. The market capitalization of Wall Street Memes can change significantly in a short period of time.

When trying to make a Wall Street Memes forecast, many traders also try to monitor the activity of WSM “whales”, which are entities and individuals that control large amounts of WSM. Since the Wall Street Memes market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Wall Street Memes’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.