- DogwFhat (WIF) rises by 11.15 %, and trades at $ 0.6149.
- Strong resistance at $ 0.6250; You may pay him to $ 0.6400.
The global encryption market increased by 4.54 %, reaching $ 2.78T. However, trading volume decreased by 28.82 % in the last 24 hours. Nevertheless, Dogwifhat (WIF) showed a strong price procedure with noticeable technical signals.
WiF is currently trading at $ 0.6149, acquisition 11.15 % per day. The maximum market is 613.67 million dollars, which reflects an increase of 10.16 %. Trading volume increased 24 hours by 15.49 %, reaching 400.68 million dollars. The maximum market rate is 65.14 %, indicating liquidity rise.
Will WiF penetrate the resistance?
WiF has reached a height of $ 0.6619 in the last 24 hours. The price now faces resistance at $ 0.6250. The collapse above this level may pay a WIF about $ 0.6400 or $ 0.6500. On the negative side, support sits at $ 0.6100. If this is LevelsWiF can decrease to $ 0.6,000 or less. Traders must see these main price levels for potential repercussions.
RSI in 41.51, indicating poor momentum. The average indicators of the Islamic Conference RSI 48.41, indicating that the WIF network is not at the height of the purchase. If the relative strength index rises above 50, the difficult momentum may return. Less than 40 decrease may increase pressure.
The short -term moving average is currently less than the long -term moving average, indicating a declining direction. The moving medium crossover can refer to the reflection of the direction. If MA in the short term crosses the MA in the long run, it can enter WiF in a bullish stage.
The CMF is in -0.30, which indicates the flow of negative capital. The negative CMF indicates that more money flows from WIF, which increases the pressure pressure. If CMF turns to positive, this will indicate an increase in purchase and possible price recovery.
WiF needs to break more than $ 0.6250 for bullish operation. If the volume increases and the CMF becomes positive, WIF can test the higher resistance levels at $ 0.6400 and 0.6500 dollars. If WIF fails to get $ 0.6100, it is possible to re -test $ 0.6,000 or less. Merchants should monitor RSI and CMF and transportation averages to confirm the next step.
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