Wall Street Memes (WSM) Price Prediction
$0.0002805
1.586%
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Sentiment
BULLISH 57.58%
BEARISH 42.42%
SMA 50
$0.000273
SMA 200
$0.000469
RSI (14)
59.81
Momentum (10)
0
MACD (12, 26)
0
Hull Moving Average (9)
0.000275
Wall Street Memes Price Prediction up to $0.000289 by 2026
| Year | Min. Price | Max. Price |
|---|---|---|
| 2026 | $0.000096 | $0.000289 |
| 2027 | $0.000093 | $0.000245 |
| 2028 | $0.000168 | $0.000412 |
| 2029 | $0.000369 | $0.001217 |
| 2030 | $0.000314 | $0.0009097 |
| 2031 | $0.000372 | $0.00083 |
| 2032 | $0.000567 | $0.00154 |
| 2033 | $0.001319 | $0.0041032 |
| 2034 | $0.00106 | $0.002376 |
| 2035 | $0.001254 | $0.002799 |
Investment Profit Calculator
If you open a short on $10,000.00 of Wall Street Memes today and close it on Apr 06, 2026, our forecast suggests you could make around $3,976.76 in profit, equal to a 39.77% ROI over the next 90 days.
$
≈ $3,976.76
(39.77% ROI)
Long-term Wall Street Memes price prediction for 2027, 2028, 2029, 2030, 2031, 2032 and 2037
[
'name' => 'Wall Street Memes'
'name_with_ticker' => 'Wall Street Memes <small>WSM</small>'
'name_lang' => 'Wall Street Memes'
'name_lang_with_ticker' => 'Wall Street Memes <small>WSM</small>'
'name_with_lang' => 'Wall Street Memes'
'name_with_lang_with_ticker' => 'Wall Street Memes <small>WSM</small>'
'image' => '/uploads/coins/wall-street-memes.png?1717131425'
'price_for_sd' => 0.0002805
'ticker' => 'WSM'
'marketcap' => '$528.99K'
'low24h' => '$0.000275'
'high24h' => '$0.000281'
'volume24h' => '$15.58'
'current_supply' => '1.88B'
'max_supply' => '2B'
'algo' => null
'proof' => null
'ico_price_and_roi' => '—'
'price' => '$0.0002805'
'change_24h_pct' => '1.586%'
'ath_price' => '$0.07699'
'ath_days' => 829
'ath_exchange' => null
'ath_pair' => null
'ath_date' => 'Sep 30, 2023'
'ath_pct' => '-99.64%'
'fdv' => '$562.15K'
'new_prediction' => true
'change_24h_pct_is_increased' => true
'change_30d_pct' => null
'change_30d_pct_is_increased' => false
'max_price' => '$0.013834'
'max_price_year' => 2037
'next_week_prediction_price' => '$0.000282'
'next_week_prediction_price_date' => 'January 13, 2026'
'next_week_prediction_price_change_pct' => '0.86%'
'next_week_prediction_price_is_increased' => true
'next_month_prediction_price' => '$0.000247'
'next_month_prediction_price_date' => 'February 5, 2026'
'next_month_prediction_price_change_pct' => '-11.62%'
'next_month_prediction_price_is_increased' => false
'current_year' => '2026'
'current_year_min_price_prediction' => '$0.000096'
'current_year_max_price_prediction' => '$0.000289'
'current_year_max_price_prediction_is_increased' => true
'grand_prediction_year' => 2030
'grand_prediction_min_price' => '$0.000314'
'grand_prediction_max_price' => '$0.0009097'
'grand_prediction_max_price_is_increased' => true
'prediction_table' => [
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'max_pct' => '3.13%'
'is_grow' => true
'min' => '$0.000096'
'max' => '$0.000289'
'avg' => '$0.000193'
'bar_min_pct' => 50.898974802884
'bar_max_pct' => 51.045822849954
'min_diff' => -0.0001836396639226
'max_diff' => 8.789264081063E-6
'year' => 2026
]
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]
'min_raw' => 0.0053917159728178
'max_raw' => 0.013834525803957
'avg_raw' => 0.0096131208883874
'max_pct' => '4830.69%'
'is_grow' => true
'min' => '$0.005391'
'max' => '$0.013834'
'avg' => '$0.009613'
'bar_min_pct' => 100
'bar_max_pct' => 100
'min_diff' => 0.003315559067595
'max_diff' => 0.0080414042201938
'year' => 2037
]
]
'prediction_periods' => [
0 => [
'items' => [
0 => [
'year' => 2027
'avg' => 0.00016923980341091
]
1 => [
'year' => 2028
'avg' => 0.0002904646333191
]
2 => [
'year' => 2029
'avg' => 0.00079349702707111
]
3 => [
'year' => 2030
'avg' => 0.00061218177467413
]
4 => [
'year' => 2031
'avg' => 0.00060123836958212
]
5 => [
'year' => 2032
'avg' => 0.001054160078556
]
]
'min_year' => 2027
'max_year' => 2032
'min_raw' => 0.00016923980341091
'min' => '$0.000169'
'max_raw' => 0.001054160078556
'max' => '$0.001054'
'max_pct' => '275.71%'
'is_grow' => true
]
1 => [
'items' => [
0 => [
'year' => 2032
'avg' => 0.001054160078556
]
1 => [
'year' => 2033
'avg' => 0.0027114081200487
]
2 => [
'year' => 2034
'avg' => 0.0017186207706637
]
3 => [
'year' => 2035
'avg' => 0.0020271171401686
]
4 => [
'year' => 2036
'avg' => 0.003934639244493
]
5 => [
'year' => 2037
'avg' => 0.0096131208883874
]
]
'min_year' => 2032
'max_year' => 2037
'min_raw' => 0.001054160078556
'min' => '$0.001054'
'max_raw' => 0.0096131208883874
'max' => '$0.009613'
'max_pct' => '3326.16%'
'is_grow' => true
]
2 => [
'items' => [
0 => [
'year' => 2037
'avg' => 0.0096131208883874
]
]
]
]
'prediction_2025_max_price' => '$0.000289'
'last_price' => 0.00028058
'sma_50day_nextmonth' => '$0.00026'
'sma_200day_nextmonth' => '$0.000418'
'sma_50day_ts_nextmonth' => 1770163200
'sma_200day_ts_nextmonth' => 1770163200
'sma_200day_direction' => 'increase'
'sma_200day_direction_label' => 'INCREASE'
'sma_200day_date_nextmonth' => 'Feb 4, 2026'
'sma_50day_date_nextmonth' => 'Feb 4, 2026'
'daily_sma3' => '$0.000273'
'daily_sma3_action' => 'BUY'
'daily_sma5' => '$0.00027'
'daily_sma5_action' => 'BUY'
'daily_sma10' => '$0.000266'
'daily_sma10_action' => 'BUY'
'daily_sma21' => '$0.000264'
'daily_sma21_action' => 'BUY'
'daily_sma50' => '$0.000273'
'daily_sma50_action' => 'BUY'
'daily_sma100' => '$0.00037'
'daily_sma100_action' => 'SELL'
'daily_sma200' => '$0.000469'
'daily_sma200_action' => 'SELL'
'daily_ema3' => '$0.000275'
'daily_ema3_action' => 'BUY'
'daily_ema5' => '$0.000272'
'daily_ema5_action' => 'BUY'
'daily_ema10' => '$0.000268'
'daily_ema10_action' => 'BUY'
'daily_ema21' => '$0.000268'
'daily_ema21_action' => 'BUY'
'daily_ema50' => '$0.000291'
'daily_ema50_action' => 'SELL'
'daily_ema100' => '$0.000351'
'daily_ema100_action' => 'SELL'
'daily_ema200' => '$0.000522'
'daily_ema200_action' => 'SELL'
'weekly_sma21' => '$0.000397'
'weekly_sma21_action' => 'SELL'
'weekly_sma50' => '$0.000641'
'weekly_sma50_action' => 'SELL'
'weekly_sma100' => '$0.002638'
'weekly_sma100_action' => 'SELL'
'weekly_sma200' => '—'
'weekly_sma200_action' => '—'
'weekly_ema3' => '$0.000274'
'weekly_ema3_action' => 'BUY'
'weekly_ema5' => '$0.000277'
'weekly_ema5_action' => 'BUY'
'weekly_ema10' => '$0.0003076'
'weekly_ema10_action' => 'SELL'
'weekly_ema21' => '$0.00040021'
'weekly_ema21_action' => 'SELL'
'weekly_ema50' => '$0.00134'
'weekly_ema50_action' => 'SELL'
'weekly_ema100' => '$0.004889'
'weekly_ema100_action' => 'SELL'
'weekly_ema200' => '$0.003593'
'weekly_ema200_action' => 'SELL'
'rsi_14' => '59.81'
'rsi_14_action' => 'NEUTRAL'
'stoch_rsi_14' => 121.35
'stoch_rsi_14_action' => 'SELL'
'momentum_10' => 0
'momentum_10_action' => 'BUY'
'vwma_10' => '0.000264'
'vwma_10_action' => 'BUY'
'hma_9' => '0.000275'
'hma_9_action' => 'BUY'
'stochastic_fast_14' => 100
'stochastic_fast_14_action' => 'SELL'
'cci_20' => 281.88
'cci_20_action' => 'SELL'
'adx_14' => 20.15
'adx_14_action' => 'NEUTRAL'
'ao_5_34' => '-0.00000029'
'ao_5_34_action' => 'NEUTRAL'
'macd_12_26' => 0
'macd_12_26_action' => 'BUY'
'williams_percent_r_14' => -0
'williams_percent_r_14_action' => 'SELL'
'ultimate_oscillator' => 79.58
'ultimate_oscillator_action' => 'SELL'
'ichimoku_cloud' => '-0.000093'
'ichimoku_cloud_action' => 'SELL'
'sell_signals' => 14
'buy_signals' => 19
'sell_pct' => 42.42
'buy_pct' => 57.58
'overall_action' => 'bullish'
'overall_action_label' => 'BULLISH'
'overall_action_dir' => 1
'last_updated' => 1767710688
'last_updated_date' => 'January 6, 2026'
]
Wall Street Memes price prediction 2026
The Wall Street Memes price forecast for 2026 suggests that the average price could range between $0.000096 on the lower end and $0.000289 on the high end. In the crypto market, compared to today’s average price, Wall Street Memes could potentially gain 3.13% by 2026 if WSM reaches the forecast price target.
Wall Street Memes price prediction 2027-2032
The WSM price prediction for 2027-2032 is currently within a price range of $0.000169 on the lower end and $0.001054 on the high end. Considering the price volatility in the market, if Wall Street Memes reaches the upper price target, it could gain 275.71% by 2032 compared to today’s price.
| Wall Street Memes Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2027 | $0.000093 | $0.000169 | $0.000245 |
| 2028 | $0.000168 | $0.00029 | $0.000412 |
| 2029 | $0.000369 | $0.000793 | $0.001217 |
| 2030 | $0.000314 | $0.000612 | $0.0009097 |
| 2031 | $0.000372 | $0.0006012 | $0.00083 |
| 2032 | $0.000567 | $0.001054 | $0.00154 |
Wall Street Memes price prediction 2032-2037
The Wall Street Memes price prediction for 2032-2037 is currently estimated to be between $0.001054 on the lower end and $0.009613 on the high end. Compared to the current price, Wall Street Memes could potentially gain 3326.16% by 2037 if it reaches the upper price target. Please note that this information is for general purposes only and should not be considered long-term investment advice.
| Wall Street Memes Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
|---|---|---|---|
| 2032 | $0.000567 | $0.001054 | $0.00154 |
| 2033 | $0.001319 | $0.002711 | $0.0041032 |
| 2034 | $0.00106 | $0.001718 | $0.002376 |
| 2035 | $0.001254 | $0.002027 | $0.002799 |
| 2036 | $0.002076 | $0.003934 | $0.005793 |
| 2037 | $0.005391 | $0.009613 | $0.013834 |
Wall Street Memes potential price histogram
Wall Street Memes Price Forecast Based on Technical Analysis
Market Sentiment Indicator
BULLISH 57.58%
BEARISH 42.42%
As of January 6, 2026, the overall price prediction sentiment for Wall Street Memes is BULLISH, with 19 technical indicators showing bullish signals and 14 indicating bearish signals. The WSM price prediction was last updated on January 6, 2026.
Wall Street Memes's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
According to our technical indicators, Wall Street Memes's 200-day SMA is projected to INCREASE over the next month, reaching $0.000418 by Feb 4, 2026. The short-term 50-day SMA for Wall Street Memes is expected to reach $0.00026 by Feb 4, 2026.
The Relative Strength Index (RSI) momentum oscillator is a commonly used tool to identify if a cryptocurrency is oversold (below 30) or overbought (above 70). Right now, the RSI stands at 59.81, suggesting that the WSM market is in a NEUTRAL state.
Popular WSM Moving Averages and Oscillators for Sat, Oct 19, 2024
Moving averages (MA) are widely used indicators across financial markets, designed to smooth out price movements over a set period. As lagging indicators, they are based on historical price data. The table below highlights two types: the simple moving average (SMA) and the exponential moving average (EMA).
Daily Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 3 | $0.000273 | BUY |
| SMA 5 | $0.00027 | BUY |
| SMA 10 | $0.000266 | BUY |
| SMA 21 | $0.000264 | BUY |
| SMA 50 | $0.000273 | BUY |
| SMA 100 | $0.00037 | SELL |
| SMA 200 | $0.000469 | SELL |
Daily Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 3 | $0.000275 | BUY |
| EMA 5 | $0.000272 | BUY |
| EMA 10 | $0.000268 | BUY |
| EMA 21 | $0.000268 | BUY |
| EMA 50 | $0.000291 | SELL |
| EMA 100 | $0.000351 | SELL |
| EMA 200 | $0.000522 | SELL |
Weekly Simple Moving Average (SMA)
| Period | Value | Action |
|---|---|---|
| SMA 21 | $0.000397 | SELL |
| SMA 50 | $0.000641 | SELL |
| SMA 100 | $0.002638 | SELL |
| SMA 200 | — | — |
Weekly Exponential Moving Average (EMA)
| Period | Value | Action |
|---|---|---|
| EMA 21 | $0.00040021 | SELL |
| EMA 50 | $0.00134 | SELL |
| EMA 100 | $0.004889 | SELL |
| EMA 200 | $0.003593 | SELL |
Wall Street Memes Oscillators
An oscillator is a technical analysis tool that sets high and low boundaries between two extremes, creating a trend indicator that fluctuates within these limits. Traders use this indicator to identify short-term overbought or oversold conditions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 59.81 | NEUTRAL |
| Stoch RSI (14) | 121.35 | SELL |
| Stochastic Fast (14) | 100 | SELL |
| Commodity Channel Index (20) | 281.88 | SELL |
| Average Directional Index (14) | 20.15 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.00000029 | NEUTRAL |
| Momentum (10) | 0 | BUY |
| MACD (12, 26) | 0 | BUY |
| Williams Percent Range (14) | -0 | SELL |
| Ultimate Oscillator (7, 14, 28) | 79.58 | SELL |
| VWMA (10) | 0.000264 | BUY |
| Hull Moving Average (9) | 0.000275 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | -0.000093 | SELL |
Wall Street Memes price prediction based on worldwide money flows
Worldwide money flows definitions used for Wall Street Memes price prediction
M0: The total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency.
M1: Measure M0 plus the amount in demand accounts, including "checking" or "current" accounts.
M2: Measure M1 plus most savings accounts, money market accounts, and certificate of deposit (CD) accounts of under $100,000.
Wall Street Memes price predictions by Internet companies or technological niches
| Comparison | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 |
|---|---|---|---|---|---|---|
| Facebook stock | $0.000394 | $0.000554 | $0.000778 | $0.001093 | $0.001537 | $0.002159 |
| Amazon.com stock | $0.000585 | $0.001221 | $0.002548 | $0.005318 | $0.011097 | $0.023154 |
| Apple stock | $0.000397 | $0.000564 | $0.0008007 | $0.001135 | $0.00161 | $0.002285 |
| Netflix stock | $0.000442 | $0.000698 | $0.0011021 | $0.001739 | $0.002743 | $0.004329 |
| Google stock | $0.000363 | $0.00047 | $0.0006093 | $0.000789 | $0.001021 | $0.001323 |
| Tesla stock | $0.000636 | $0.001441 | $0.003268 | $0.0074097 | $0.016797 | $0.038078 |
| Kodak stock | $0.00021 | $0.000157 | $0.000118 | $0.000088 | $0.000066 | $0.000049 |
| Nokia stock | $0.000185 | $0.000123 | $0.000081 | $0.000054 | $0.000035 | $0.000023 |
This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Wall Street Memes price for 2024, 2025, 2026, 2027, 2028, 2029 and 2030.
Wall Street Memes forecast and prediction overview
You may ask questions like: "Should I invest in Wall Street Memes now?", "Should I buy WSM today?", "Will Wall Street Memes be a good or bad investment in short-term, long-term period?".
We update Wall Street Memes forecast projection regularly with fresh values. Look at our similar predictions. We making a forecast of future prices for huge amounts of digital coins like Wall Street Memes with technical analysis methods.
If you are trying to find cryptocurrencies with good returns, you should explore the maximum of available sources of information about Wall Street Memes in order to make such a responsible decision about the investment by yourself.
Wall Street Memes price equal to $0.0002805 USD today, but the price can go both up and down and your investment may be lost because cryptocurrency high-risk assets
Wall Street Memes short-term forecast
based on 4 hour price history
Wall Street Memes long-term forecast
based on 1 month price history
Wall Street Memes price prediction based on Bitcoin's growth pattern
| 2027 | 2028 | 2029 | 2030 | |
|---|---|---|---|---|
| If Wall Street Memes has 1% of Bitcoin's previous average grow per year | $0.000287 | $0.000295 | $0.000303 | $0.00031 |
| If Wall Street Memes has 2% of Bitcoin's previous average grow per year | $0.000295 | $0.00031 | $0.000326 | $0.000343 |
| If Wall Street Memes has 5% of Bitcoin's previous average grow per year | $0.000317 | $0.000358 | $0.0004048 | $0.000457 |
| If Wall Street Memes has 10% of Bitcoin's previous average grow per year | $0.000353 | $0.000445 | $0.000561 | $0.000707 |
| If Wall Street Memes has 20% of Bitcoin's previous average grow per year | $0.000426 | $0.000648 | $0.000985 | $0.001497 |
| If Wall Street Memes has 50% of Bitcoin's previous average grow per year | $0.000645 | $0.001483 | $0.003412 | $0.007847 |
| If Wall Street Memes has 100% of Bitcoin's previous average grow per year | $0.0010098 | $0.003634 | $0.013083 | $0.047091 |
Frequently Asked Questions about Wall Street Memes
Is WSM a good investment?
The determination to procure Wall Street Memes is entirely contingent on your individualistic risk tolerance. As you may discern, Wall Street Memes's value has experienced an escalation of 1.586% during the preceding 24 hours, and Wall Street Memes has incurred a decline of over the prior 30-day duration. Consequently, the determination of whether or not to invest in Wall Street Memes will hinge on whether such an investment aligns with your trading aspirations.
Can Wall Street Memes rise?
It appears that the mean value of Wall Street Memes may potentially surge to $0.000289 by the end of this year. Looking at Wall Street Memes's prospects in a more extended five-year timeline, the digital currency could potentially growth to as much as $0.0009097. However, given the market's unpredictability, it is vital to conduct thorough research before investing any funds into a particular project, network, or asset.
What will the price of Wall Street Memes be next week?
Based on the our new experimental Wall Street Memes forecast, the price of Wall Street Memes will increase by 0.86% over the next week and reach $0.000282 by January 13, 2026.
What will the price of Wall Street Memes be next month?
Based on the our new experimental Wall Street Memes forecast, the price of Wall Street Memes will decrease by -11.62% over the next month and reach $0.000247 by February 5, 2026.
How high can Wall Street Memes’s price go this year in 2026?
As per our most recent prediction on Wall Street Memes's value in 2026, WSM is anticipated to fluctuate within the range of $0.000096 and $0.000289. However, it is crucial to bear in mind that the cryptocurrency market is exceptionally unstable, and this projected Wall Street Memes price forecast fails to consider sudden and extreme price fluctuations.
Where will Wall Street Memes be in 5 years?
Wall Street Memes's future appears to be on an upward trend, with an maximum price of $0.0009097 projected after a period of five years. Based on the Wall Street Memes forecast for 2030, Wall Street Memes's value may potentially reach its highest peak of approximately $0.0009097, while its lowest peak is anticipated to be around $0.000314.
How much will be Wall Street Memes in 2026?
Based on the our new experimental Wall Street Memes price prediction simulation, WSM’s value in 2026 expected to grow by 3.13% to $0.000289 if the best happened. The price will be between $0.000289 and $0.000096 during 2026.
How much will be Wall Street Memes in 2027?
According to our latest experimental simulation for Wall Street Memes price prediction, WSM’s value could down by -12.62% to $0.000245 in 2027, assuming the most favorable conditions. The price is projected to fluctuate between $0.000245 and $0.000093 throughout the year.
How much will be Wall Street Memes in 2028?
Our new experimental Wall Street Memes price prediction model suggests that WSM’s value in 2028 could increase by 47.02% , reaching $0.000412 in the best-case scenario. The price is expected to range between $0.000412 and $0.000168 during the year.
How much will be Wall Street Memes in 2029?
Based on our experimental forecast model, Wall Street Memes's value may experience a 333.75% growth in 2029, potentially reaching $0.001217 under optimal conditions. The predicted price range for 2029 lies between $0.001217 and $0.000369.
How much will be Wall Street Memes in 2030?
Using our new experimental simulation for Wall Street Memes price predictions, WSM’s value in 2030 is expected to rise by 224.23% , reaching $0.0009097 in the best scenario. The price is forecasted to range between $0.0009097 and $0.000314 over the course of 2030.
How much will be Wall Street Memes in 2031?
Our experimental simulation indicates that Wall Street Memes’s price could grow by 195.98% in 2031, potentially hitting $0.00083 under ideal conditions. The price will likely fluctuate between $0.00083 and $0.000372 during the year.
How much will be Wall Street Memes in 2032?
Based on the findings from our latest experimental Wall Street Memes price prediction, WSM could see a 449.04% rise in value, reaching $0.00154 if the most positive scenario plays out in 2032. The price is expected to stay within a range of $0.00154 and $0.000567 throughout the year.
How much will be Wall Street Memes in 2033?
According to our experimental Wall Street Memes price prediction, WSM’s value is anticipated to rise by 1362.43% in 2033, with the highest potential price being $0.0041032. Throughout the year, WSM’s price could range from $0.0041032 and $0.001319.
How much will be Wall Street Memes in 2034?
The results from our new Wall Street Memes price prediction simulation suggest that WSM may rise by 746.96% in 2034, potentially reaching $0.002376 under the best circumstances. The predicted price range for the year is between $0.002376 and $0.00106.
How much will be Wall Street Memes in 2035?
Based on our experimental forecast for Wall Street Memes’s price, WSM could grow by 897.93% , with the value potentially hitting $0.002799 in 2035. The expected price range for the year lies between $0.002799 and $0.001254.
How much will be Wall Street Memes in 2036?
Our recent Wall Street Memes price prediction simulation suggests that WSM’s value might rise by 1964.7% in 2036, possibly reaching $0.005793 if conditions are optimal. The expected price range for 2036 is between $0.005793 and $0.002076.
How much will be Wall Street Memes in 2037?
According to the experimental simulation, Wall Street Memes’s value could rise by 4830.69% in 2037, with a high of $0.013834 under favorable conditions. The price is expected to fall between $0.013834 and $0.005391 over the course of the year.
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Nostra Staked STRK Price PredictionHow to read and predict Wall Street Memes price movements?
Wall Street Memes traders use indicators and chart patterns to predict market direction. They also identify key support and resistance levels to gauge when a downtrend might slow or an uptrend might stall.
Wall Street Memes Price Prediction Indicators
Moving averages are popular tools for Wall Street Memes price prediction. A simple moving average (SMA) calculates the average closing price of WSM over a specific period, like a 12-day SMA. An exponential moving average (EMA) gives more weight to recent prices, reacting faster to price changes.
Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day averages, which help identify key resistance and support levels. A WSM price move above these averages is seen as bullish, while a drop below indicates weakness.
Traders also use RSI and Fibonacci retracement levels to gauge WSM's future direction.
How to read Wall Street Memes charts and predict price movements?
Most traders prefer candlestick charts over simple line charts because they provide more detailed information. Candlesticks can represent Wall Street Memes's price action in different time frames, such as 5-minute for short-term and weekly for long-term trends. Popular choices include 1-hour, 4-hour, and 1-day charts.
A 1-hour candlestick chart, for instance, shows WSM's opening, closing, highest, and lowest prices within each hour. The candle's color is crucial: green indicates the price closed higher than it opened, while red means the opposite. Some charts use hollow and filled candlesticks to convey the same information.
What affects the price of Wall Street Memes?
Wall Street Memes's price action is driven by supply and demand, influenced by factors like block reward halvings, hard forks, and protocol updates. Real-world events, such as regulations, adoption by companies and governments, and cryptocurrency exchange hacks, also impact WSM's price. Wall Street Memes's market capitalization can change rapidly.
Traders often monitor the activity of WSM "whales," large holders of Wall Street Memes, as their actions can significantly influence price movements in the relatively small Wall Street Memes market.
Bullish and bearish price prediction patterns
Traders often identify candlestick patterns to gain an edge in cryptocurrency price predictions. Certain formations indicate bullish trends, while others suggest bearish movements.
Commonly followed bullish candlestick patterns:
- Hammer
- Bullish Engulfing
- Piercing Line
- Morning Star
- Three White Soldiers
Common bearish candlestick patterns:
- Bearish Harami
- Dark Cloud Cover
- Evening Star
- Shooting Star
- Hanging Man