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WAX bear market cycles - historical perspective of WAXP bear markets
In this overview, we will show the previous bear markets of the WAX cryptocurrency - you will see how much WAXP lost during its biggest past bear markets.
Current price and other data:
|Symbol||Price change (1d)||Price (USD)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
WAX has experienced 16 bear markets in the past, see chart below:
What is WAX most negative bear market ?
WAX most negative bear market started on Jan 9th, 2018 and ended on Feb 3rd, 2018, lasting for 25 days.
During this time, the price of WAX decreased from 2.7717 USD to 0.3439 USD, resulting in a return of -87.6 %.
Average compounded daily decrease of price during this period was -8.01% / day.
What is WAX 2nd most negative bear market ?
WAX 2nd most negative bear market started on May 4th, 2018 and ended on Jun 29th, 2018, lasting for 56 days.
During this time, the price of WAX decreased from 0.4194 USD to 0.0827 USD, resulting in a return of -80.3 %.
Average compounded daily decrease of price during this period was -2.86% / day.
What is WAX 3rd most negative bear market ?
WAX 3rd most negative bear market started on Feb 16th, 2018 and ended on Mar 19th, 2018, lasting for 31 days.
During this time, the price of WAX decreased from 0.5653 USD to 0.1231 USD, resulting in a return of -78.2 %.
Average compounded daily decrease of price during this period was -4.8% / day.
Returns of previous WAX bear market cycles
In the following table you can see the previous WAXP bear market cycles, in which period they occurred and what were the returns achieved during each bear market cycle:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of WAX
See WAX past bull and bear markets in the chart below:
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