- Dogwifhat Price On A Continued Bullish Trend
- Dogwifhat Price Prediction
- Memebet Casino Raises Over $283K In Presale
In the past 24 hours, the price of Dogwifhat (WIF) surged by 15%, reaching $2,0, with trading volume skyrocketing by 134% to $1,1 billion. The price uptick adds to weekly gains that have reached 29%, as the crypto market turns more bullish.
Dogwifhat Price On A Continued Bullish Trend
According to data from GeckoTerminal, the price of Dogwifhat was in a consolidation phase from the end of August, trading within the $1.5 range. The WIF price bulls then dominated, pushing the price past the upper boundary of the sideways pattern to the $1.9 resistance. A slight correction back to $1.62 and a return to the resistance zone allowed the price of Dogwifhat to form a rounding bottom pattern, with bulls aiming for a continuation of the bullish trend. WIF now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the bullish rally. Moreover, the Moving Average Convergence Divergence (MACD) appears to be crossing past the neutral line, confirming the bullish run. Green bars on the histogram are also beginning to form above the zero line, indicating positive momentum.
Dogwifhat Price Prediction
According to the WIF/USD chart analysis on the 4-hour timeframe, WIF is currently on a sustained bullish trend reversal, with bulls targeting a trend continuation. The main indicators, such as RSI and MACD, show that the asset is on a positive trajectory. If the bulls maintain this momentum, the price of Dogwifhat may surge even higher, aiming for a price above $2.3. However, the Relative Strength Index (RSI) appears to be dropping from the 70-overbought region, currently at 68, suggesting potential selling pressure. If the RSI continues to drop, the price of Dogwifhat may undergo a correction, with $1.62 acting as the next support zone.
Memebet Casino Raises Over $283K In Presale
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Recent price growth of Dogwifhat demonstrates a positive trend in the cryptocurrency market, supported by various technical indicators. Memecoin enthusiasts might also pay attention to Memebet Casino, attracting increasing interest in the online gaming world.
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