Price Analysis

WazirX (WRX) Initiates Recovery After Hitting $0.122

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.

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.

Markus Brown

Markus Brown is a full time news editor at CryptoMoonPress. He has five years of writing experience with well-known publishing companies. Currently, he serves his valuable price analysis articles and manages our writers team for content writing and curation. In his free time, he enjoys football and badminton.

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