Can Dogwifhat repeat the 2024 pump in early 2024? Here is the reason that the price of WIF can reach $ 3 soon
Dogwifhat (WIF) returned to the spotlight while wiping the noise from the Mimi currency through the encryption market. The price increased by approximately 20 % today, currently about $ 1.08. With an increasing number of altcoins that show similar patterns, WiF drew the attention of merchants who wonder if it can repeat its explosive operation from the past.
Crypto anseem expert shared a chart on X added to noise. He called for the preparation on the WIF price scheme “very clean” and stated that the main level of viewing ranges between $ 0.75 and $ 0.80. If WiF remains above that area, the upscale issue remains valid. ANSEM also indicated that other Meme currencies like Hype and Fartcoin were the first to move, and it seems that WIF now joins the wave.
The accumulation area presented a launch base for DogwFhat
The WIF chart shows a clear direction from a previous height near $ 3.00, followed by monotheism and accumulation over several weeks. This accumulation occurred within a specific range of $ 0.10 and $ 0.28, which was marked as a valuable space on the graph.
The price of WIF has tested this area several times, which ultimately supports an outbreak. Traders often refer to areas such as demand areas where long -term bearers accumulate a situant before the ups of the upper direction.
DogwFhat Price Breakout from the main resistance
WiF moved higher than the previous horizontal resistance levels about $ 0.45 to $ 0.55. This level was crowned with the bullish trend movements for a long time. The last collapse over this region has now turned into support, indicating a shift in market behavior.
This structure usually indicates a reflection, as prices are the highest levels and the highest level. It reflects the increased interest of the buyer, and is in line with the daily gain by 20 % today.
Also read: The injection price (ing) can be prepared to move 300 % – but first, this should happen
Moreover, the WIF price scheme now shows a pattern consistent with the formation of a new direction. Breakout created a clear way of upward movement, as the price momentum is currently preferred to bulls. However, the 0.75 to $ 0.80 is still a major level of viewing.
According to ANSEM, the decrease in this range can nullify the setting. However, keeping over it keeps gathering on the right track and may open the way towards re -testing the previous highlands.
DogwFhat market is broader
The penetration in WiF follows similar moves in Meme currencies such as noise and firkin. Traders began to rotate in the distinctive icons with low clouds with similar scheme structures, prompting prices up across this sector.
The outbreak of WiFs may indicate that the market Enter another stage of Mimi, where late symbols follow early engines. With the current price and size of the current price, WiF is now placed as one of the symbols that can be monitored during this stage.
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