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WAVES makes a big splash, but here’s why volumes could be key

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WAVES saw some ripples in its price action over the weekend after re-testing support near the $4.20-price level. Those ripples eventually turned into a strong bullish wave, one propelling the altcoin into the list of top gainers for this week.WAVES hovered just above its current structural support around $4.20 during the weekend after last week’s bearish performance.

This is the same level where the price found support towards the end of May. While WAVES noted some upside over the weekend, the bulls demonstrated their strength on Tuesday.WAVES soared as high as $7.20 on Tuesday after a 43% rally.

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