WazirX (WRX) Initiates Recovery After Hitting $0.122

WRX News

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WazirX crypto exchange has announced that it now supports Storj (STORJ)- a crypto asset that runs a blockchain data storage solution. The announcement on Twitter said that the exchange would pair STORJ with USDT.

https://twitter.com/WazirXIndia/status/1286171757209059328?ref_src=twsrc%5Etfw

WRX Price Analysis

If we look at the price trend of WazirX token from yesterday, it was trading at $0.1284, and by 07:00 UTC, it was hovering around $0.131. However, it couldn’t remain on the peak for long, and it corrected down to $0.125. Later, the WRX token started moving upwards, and around 21:00 UTC, the price touched $0.131.

However, at this high, the currency faced rejection and started trading downwards. WRX token currently trades around $0.126 after trading below $0.123 around 03:00 UTC today.

The MACD of WazirX token shows a bearish crossover. The next few days may become overall down-trending with a few price fluctuations. It may soon touch the next support around $0.120. Investors may set the target at $0.130 for the short-term.

Dipyayan Mitra

Dipayan Mitra

Editor at cryptomoonpress

Dipayan Mitra is a dedicated Editor and Journalist in the Web3 and cryptocurrency domain with over five years of experience...

Last updated July 27, 2020
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Written by Dipayan Mitra