- Dogwifhat (WIF) offers bullish momentum on daily technical plans.
- The price of WiF has increased by 17 % in the past 24 hours, as it offered to buy buyers.
DogwFhat (WIF) showcase strong indicators of a potential upward reflection as the support lines were strongly recovered. according to CMC Data, WIF has recorded an impressive increase in 17 % in the past 24 hours, and a climb offer. Mimi’s currency appears to be a great return, as many technical indicators indicate a rise.
Prices indicate that WIF has managed to overcome the 50 -day SIA moving average (EMA) at $ 0.8425, indicating that buyers are currently active. This penetration is a very important artistic event because EMA for 50 days is a very important dynamic support line in the upward direction. The next main goal is in EMA for 200 days of $ 1.043, which was a strong resistance line.
The MACD index is also promising when it requires a bullish indicator, with the MACD line crossing over the signal line. The graph is green, which means that the bullish momentum is gained. This intersection usually indicates that the sale weakens and that the purchase is captured.
What is the following for the WIF price?
The RSI is now at 57.30, and it appears a positive upward trend but not at the height of the peak. This reading indicates that there is still some bullish trend before the original is excessive technically. The bullish bias is supported by the fact that RSI is higher than 50 points.
Social feeling indicators were also green, which shows a good feeling on the market around WiF. This change in mood usually follows work for a long time because retail interests and community participation are important factors in performing Meme currencies.
In the terms of support and resistance, WIF has a strong support of $ 0.777, holding well in the recent price corrections. On the other hand, the immediate resistance is at EMA for 200 days of $ 1.043, and the extended resistance at $ 1.3.
If WIF can overcome EMA for 200 days, investors may notice a strong rally that may test the resistance at $ 1.3. The bullish technical indicators, positive feeling and solid support areas unite to form a bullish background to the additional upward trend in the direction of the price of Dogwifhat.
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