- Dogwifhat (WIF) decreased by 7.71 % to $ 0.8253, reaching a decrease of $ 0.8232.
- RSI hovering in 48.89 with no clear ups of clouds.
DogwFhat (WIF) extends its losses on July 4, as it decreased to the lowest daily level of $ 0.8232. It is currently trading at $ 0.8253, a decrease of 7.71 % over the past 24 hours. this Price The market value is withdrawn to 824.43 million dollars, which represents a similar decrease of 7.71 %. At the same time, trading volume has decreased 24 hours by 55.34 % to 320.39 million dollars, significantly reduced the maximum wi -market to 38.87 %.
Although there is a fully diluted evaluation equal to the maximum circulating, 824.43 million dollars compared to 998.84 million symbols, the sharp decline in size confirms the dealer’s dealer evaporation. This evaporation, along with strong rejection during the day near $ 0.94, is hinting at the intensive landing stage.
WiF faces a major turning point in a weak momentum
Technically, WiF is struggling to restore strength after refusing its previous attempt near the level of $ 0.94. The original now tests a $ 0.82 region, which works as a support zone in the short term. If this rule erupted, the price procedure towards the deepest accumulation may accelerate about $ 0.78.
On the contrary, if the purchase activity is offered, it is likely that $ 0.94 will appear as the next key resistance. A clean past can display the distinctive symbol of $ 1.00 psychological threshold. Momentum indicators echo the weakening price.
The RSI is located in 48.89, and is less marginal less than 14 days than 47.54. Although it is not in the sales lands, the lack of bullish difference reflects the frequency between buyers. Simple rust tilt appears elasticity, but there is no clear directional conviction on the horizon.
The flow of Chaikin (CMF), which is now located at -0.03, slides down the zero mark. This step indicates a shift in the flow of capital, which enhances the broader landing mood. In addition, the rapprochement between RSI with its moving average, as well as continuing the climbing aspect, indicates that merchants remain careful.
While WiF keeps long -term capabilities, the current price procedure requires accurate monitoring. Constant pressure can lead to less than $ 0.82 to a wider liquidation. Unless the size and RSI bounces are not recovered above 50, the short -term look remains declining.
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