Weekly $WAXP price analysis from #WAXHub #SocialMining community:

As we mentioned in the analysis last week, we expected a correction down to the area outlined for the WAXP/USDT pair is to be a buy signal.

After testing the bears at the $0.066 resistance level, the price returned to the $0.044 support zone, providing buying pressure to start another upward move. The $0.066 resistance level will probably be tested again. If this level is crossed, the next predicted target area is seen at $0.077.