WAVES 1D The growth wave may end soon

Waves is a blockchain platform designed from the ground up for asset issuance, decentralized crowdfunding, community regulation, and encrypted messaging.
Who traded at a time when there were hundreds of crypto coins, and not thousands as now, must remember the NXT coin. At the end of 2017 NXT made a great sensation)

Some of the developers who previously worked on NXT joined the Waves team.
Waves held an ICO 1Q. 2016, during which it raised the equivalent $16 million, in Bitcoins - 30,000 BTC.
The margin of safety for movements on the market is strong.

The team has had ups and downs and it looks like they are now completely repurposing in the Defi sector.
On 21 October, Waves.tech released the native WAVES token on the Ethereum blockchain and now WAVES holders will be able to use DeFi exchanges, applications and DeFi protocols on the Ethereum blockchain.
And on 05.11 Waves announced the launch of the automatic market maker Swop. fi, which will allow liquidity providers to receive rewards for exchange transactions.

As we can see from the chart, these news became a good springboard for a price jump.

But there is one thing, the growth is taking place on relatively weak volumes.
+ We must also take into account the fact that the price is approaching the middle of the historical high.

Our assumption is that it will be difficult for the Waves price to rise above $7.65-8.15.
And the Waves price lowering can be painful for investors.
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