- Dogwifhat (WIF) grew by 11.15%, bargaining by $ 0.6149.
- Strong resistance at 0.6250 US dollars; The breakthrough can increase it to $ 0.6400.
The global crypto -market grew by 4.54%, reaching an estimate of $ 2.78. However, the volume of bidding has fallen by 28.82% over the past 24 hours. Despite this, Dogwifhat (WIF) showed a strong price effect with noticeable technical signals.
Currently, WIF is trading at 0.6149 US dollars, gaining 11.15% per day. Its market capitalization is $ 613.67 million, which reflects an increase of 10.16%. The 24-hour bidding volume increased by 15.49%, reaching $ 400.68 million. The ratio of market capitalization is 65.14%, which indicates high liquidity.
WIF breaks through resistance?
WIF reached a maximum of $ 0.6619 over the past 24 hours. The price is now faced with a resistance of $ 0.6250. A breakthrough above this level can push WIF to $ 0.6400 or $ 0.6,500. On the other hand, support costs $ 0.6100. If this level breaks, WIF can fall to $ 0.6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6,6. Traiders should observe these key prices for potential changes.
The relative force (RSI) index is 41.51, which indicates a weak impulse. The average RSI is 48.41, suggesting that WIF is not bought and resold. If the RSI rises over 50, the bull impulse may return. The fall below 40 can cause further pressure of the sale.
The short -term sliding average is currently lower than the long -term sliding average, signaling a bear tendency. A crossover with a sliding average may indicate a change in the trend. If the short -term MA intersects above the long -term MA, WIF can enter the bull stage.
The CMF indicator is at -0.30, showing a negative influx of capital. Negative CMF suggests that more money follows from WIF, which increases the pressure of sales. If CMF becomes positive, this will indicate a growing percentage of purchase and potential price recovery.
WIF should break more than $ 0.6250 for a bull mileage. If the volume increases, and CMF will become positive, WIF can check higher resistance levels at 0.6400 US dollars and $ 0.6,500. If WIF cannot hold $ 0.6100, probably a second test of $ 0.6,000 or lower. Traiders must control RSI, CMF and average average values to confirm the next course.
