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Cryptopolitan 2021-08-21 12:34:01

WJXN price analysis: Just launched Wrapped Jaxnet token all set to breach $1.8 resistance zone

Tl;DR Breakdown WJXN price analysis reveals a minimal movement and a tight rangeWrapped Jaxnet Token is performing as expected with minor volatility$1.7500 is emerging as a strong support zone WJXN, or wrapped Jaxnet token, of the Jaxnet network, is up to a good start since the launch. The pair is trading in a reasonably well-defined range allowing the traders to predict the price movement in the charts. The WJXN token is printing fairly predictable patterns on the charts after jumping above $1.29 on the 19th August, which took the price above $1.60 last week. The WKXN token analysis shows that the pair has touched an all-time high of $2.24 on 15th August. Since then, the token has slipped in value to touch a low of $1.29, but the slip was expected as the initial euphoria comes down. However, unlike other wrapped tokens, the WJXN token is very much trading in an expected range between $1.29 to $1.90 as per WJXN price analysis. WJXN price movement in the last 24 hours: Gradually building up pace WJXN price analysis reveals that the token has been moving in a tight range that puts the price between $1.40 to $1.90. The past few hours saw the price moving in the positive direction where the WJXN/USD pair touched $1.70 high after printing successive green candlestick patterns. Also, the number of transactions is constant, but the same is rising in the daily timeframe. As the Jaxnet platform grows, the transactions are sure to shoo...

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