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Dogwifhat (WIF) Futures Debut on Coinbase Fails to Ignite RallyThe eagerly anticipated listing of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase International Exchange and Coinbase Advanced stirred excitement among crypto enthusiasts, yet failed to catalyze a significant rally for the beloved dog-themed meme coin. Despite the fanfare surrounding its debut, CRYPTOCAP:WIF struggled to mirror the explosive surge witnessed by its counterparts, plummeting by 7.44%. Underwhelming Response Amidst Market Turbulence In contrast to the notable rally witnessed following PEPE's futures listing in April, the unveiling of WIF perpetual futures on Coinbase failed to garner the same fervent response from investors. While limit, market, and stop limit orders became available for the token's futures contract, enthusiasm waned as US customers found themselves unable to participate in the trading frenzy on Coinbase's platforms. Although CRYPTOCAP:WIF experienced a modest uptick of 0.9% post-listing, the absence of a substantial price surge indicated a broader hesitance among investors to leverage the futures debut as a bullish signal. This tepid response can be attributed, in part, to the prevailing downturn in the crypto market, where many assets, including meme coins, have faced stagnation amid fluctuating market conditions. Coinbase's Stance and Ongoing Support Despite the subdued market reaction, Coinbase continues to demonstrate its commitment to nurturing emerging cryptocurrency projects on its international platforms. With plans to introduce Aevo, Ethena, and Etherfi perpetual futures on May 2, Coinbase reaffirms its role as a catalyst for innovation within the crypto ecosystem. The platform's proactive approach towards supporting nascent projects underscores its dedication to fostering growth and diversity within the burgeoning crypto marketplace. Navigating Market Volatility and Future Prospects As meme coins navigate the complexities of market volatility and investor sentiment, the debut of CRYPTOCAP:WIF perpetual futures on Coinbase serves as a microcosm of the evolving landscape of meme coin investments. While some projects may experience meteoric rises, others may encounter more subdued receptions, reflecting the multifaceted nature of investor behavior and market dynamics. In the face of ongoing market fluctuations, the resilience and adaptability of meme coins will be tested, with projects seeking to differentiate themselves and capture the imagination of investors amidst a crowded digital landscape. As WIF and its contemporaries navigate the road ahead, their ability to innovate, capture market sentiment, and foster community engagement will ultimately shape their trajectory in the ever-evolving world of cryptocurrency. A Reflection of Market Realities The debut of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase represents a pivotal moment for the meme coin community, highlighting both the potential and challenges inherent in meme coin investments. While the futures listing failed to trigger a significant rally, it serves as a poignant reminder of the nuanced dynamics at play within the crypto market, where investor sentiment, market conditions, and platform support converge to shape the trajectory of emerging projects. As the crypto landscape continues to evolve, CRYPTOCAP:WIF and its peers stand poised to navigate the complexities of market volatility and emerge as resilient contenders in the ever-expanding world of cryptocurrency.
by DEXWireNews
WIF/USDT 4HOUR CHART UPDATE !!Hello friends, welcome to this WIF/USDT update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the WIF/USDT 4-HOUR update. Currently, WIF is traversing within the confines of a symmetrical triangle pattern. Recent price action indicates rejection from the resistance trendline, where both the MA 100 and the Ichimoku cloud have acted as formidable barriers. The Relative Strength Index (RSI) is positioned within the neutral zone, signaling a state of equilibrium between buying and selling pressures. As the price oscillates within this geometric formation, investors and traders are advised to exercise patience and await a decisive breakout or breakdown of the triangle, as this will confirm WIF's next directional move. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Coinbase Set to Launch Dogwifhat ($WIF) Perpetual FuturesCoinbase, a leading cryptocurrency exchange, has announced plans to expand its derivatives offerings by launching Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures for non-U.S. customers on April 25, 2024. The move is aimed at widening the range of products offered by the exchange, particularly in the derivatives market, which has experienced robust growth over the past few months. This follows Coinbase's approval last year to offer these products to non-U.S. customers in selected jurisdictions, allowing the exchange to expand its derivatives offerings into a sector that is becoming increasingly attractive to traders seeking to capitalize on the volatility of the cryptocurrency markets. The interest in cryptocurrency derivatives is growing, reflecting the need for more diverse and sophisticated trading tools, which Coinbase seeks to meet with its latest offerings. According to a report, derivatives trading volumes increased by 86.5% in the last month, amounting to a total of $6.18 trillion. Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures trading will commence on April 25, 2024, at 9:UTC 30 for non-U.S. customers. The move is expected to attract many traders, given the recent performance of the meme coin. The main factor for its demand and volatility is its listing on large exchanges and the recovery of the overall cryptocurrency market. Upon the news of the futures trading, Dogwifhat rose from $2.26 to $2.65, with a marked increase in its 24-hour trading volume. Coinbase has received a partial nod to provide cryptocurrency futures trading for U.S. retail investors through Coinbase Advanced, having undergone strict evaluation by American authorities. The National Futures Association in the U.S. granted its approval to Coinbase, which is a milestone in offering diversified trading options to clients amidst the tough regulatory environment in the country. Overall, the announcement of the CRYPTOCAP:WIF perpetual futures launch on Coinbase Global Exchange and Coinbase Pro is expected to stimulate high trading activity in Dogwifhat ( CRYPTOCAP:WIF ). Traders and investors are closely monitoring the market dynamics, which could result in a bullish period for both the meme coin and Coinbase's derivatives market strategy.
Long
by DEXWireNews
WIF looks bearishNote: The volatility of this shit coin is high Considering that the trendline has been lost and we have a bear CH on the chart and the resistance range is strong, this bullish movement is expected to be a pullback. The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
WIFUSDT 4HInterval Chart ReviewHello everyone, let's take a look at the 4H WIF to USDT chart as we can see that the price is recovering but still above the uptrend line. Let's start by setting goals for the near future that we can include: T1 = $4.17 T2 = $4.83 AND T3 = $5.91 Now let's move on to the stop-loss in case of further market declines: SL1 = $3.66 SL2 = $3.23 SL3 = $2.55 AND SL3 = $2.55 Looking at the RSI indicator, you can see that the local upward trend line has been broken with room for further recovery. However, the STOCH indicator also confirms a strong downward movement and there is also room for the price to go lower, which indicates extreme caution.
by cryptodailyuk
Dogwifhat Bulls Charge Ahead: Eyes Set on New All-Time HighIn a dazzling display of resilience, the Solana-based meme coin Dogwifhat ( CRYPTOCAP:WIF ) has staged an impressive comeback, surging 15% in the last 24 hours and setting its sights on a new all-time high above $4.60. The resurgence comes on the heels of a correction in the first week of April, reigniting investor interest and propelling WIF into a bullish flag pattern. After experiencing a week of consolidation, recent media trends indicate a notable uptick in CRYPTOCAP:WIF 's social dominance, suggesting a potential turning point for the cryptocurrency. Santiment's Social Dominance metric, which tracks media traction surrounding specific projects, has doubled from 0.04% to 0.08% in the last 48 hours, signaling a renewed spotlight on Dogwifhat. The recent price movements of CRYPTOCAP:WIF reflect its rollercoaster journey in the crypto market. March witnessed an astounding 505% price rally for CRYPTOCAP:WIF , followed by a pullback of 33.9% in the first week of April. However, with the current surge, CRYPTOCAP:WIF appears poised to overcome immediate resistance at $4.60, potentially paving the way for a decisive breakout towards $6 and beyond. Since its inception in December 2023, Dogwifhat ( CRYPTOCAP:WIF ) has already delivered over 2,300% gains, capturing the attention of both investors and analysts. CoinCodex, a prominent on-chain metrics and price forecasting company, offers an optimistic outlook for WIF, projecting a trading range between $3.68 and a staggering $17 by 2025. This forecast not only underscores the bullish sentiment surrounding CRYPTOCAP:WIF but also highlights its potential for substantial growth in the coming years. A surge to $17 would represent a remarkable 325% increase from its current value, cementing Dogwifhat's position as a formidable contender in the ever-evolving crypto landscape. As WIF continues to ride the waves of market sentiment and media attention, investors brace themselves for what could be a historic ascent to new heights. Dogwifhat's ( CRYPTOCAP:WIF ) daily chart depicts a bullish flag pattern which adds to the bullish trend of $WIF. The 68 Relative Strength Index (RSI) also concurs with the thesis simultaneously.
Long
by DEXWireNews
1
Frog or Still Dog----WIFMeme coins are the main topic of March. Various animals appear on different chains and create a frenzy. With the strong performance of the Solana ecosystem, WIF surpassed PEPE last week and reached the third place in the market cap ranking of meme coins. In this process we discovered a very interesting pattern. When new meme coins appear and quickly accumulate value, it is easier to affect the old ones. For example, PEPE appeared in May 2023 and rose rapidly. During the same period, the prices of DOGE and SHIB both fell by 25%. In mid-March 24, when WIF continued to refresh ATH, PEPE, SHIB, and DOGE were all affected. This is explained. Because many meme coins are not supported by actual business. When no funds enter the market, the size of this pancake is fixed, and new coins will divide the share of old ones. After DOGE and SHIB have developed basic businesses, we don't think WIF will threaten these two, but for the frog, the dog in the hat may suppress it for a long time. For meme coins, price changes are not supported by fundamentals, which is more beneficial for our indicators. This is why you can see from the indicator area that the TSB indicator almost captures the main profit when WIF is widely spread, calmly identifying the starting point of the rise. And the TSB indicator allows you to take long profits at the high point of the rebound (red vertical line), or prompts a long signal (green vertical line) before the rise breaks through the high point to amplify profits Whether it's a frog, a cat or a dog next, the TSB indicator will take them all. Introduction to indicators: Trend Sentinel Barrier (TSB) is a trend indicator, using AI algorithm to calculate the cumulative trading volume of bulls and bears, identify trend direction and opportunities, and calculate short-term average cost in combination with changes of turnover ratio in multi-period trends, so as to grasp the profit from the trend more effectively without being cheated. KDMM (KD Momentum Matrix) is not only a momentum indicator, but also a short-term indicator. It divides the movement of the candle into long and short term trends, as well as bullish and bearish momentum. It identifies the points where the bullish and bearish momentum increases and weakens, and effectively capture profits. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
by sypool-AI-TradeGenius
1
Which Way Will It Swing?WIF , also known as Dogwifhat, is making waves as a new meme cryptocurrency. On the 1-hour chart, it's sitting just under a tough resistance point, which is the price level it needs to break to continue its climb. This resistance has been tested before, and the price hasn't been able to push through yet. On the indicator side, the Stochastic Oscillator is suggesting that WIF might be sold more than it should be right now, hinting that a price increase could be on the horizon if traders take this as a buying signal. However, there's a bit of caution from the MACD indicator. While it shows that the trend has been up, the decreasing histogram points to the momentum slowing down a bit. This tells us that the strong buying push that WIF experienced recently is starting to lose some power. It doesn't mean the price will definitely fall, but it's a sign that the rapid rise might take a breather. The RSI is sitting at a comfortable middle ground, neither indicating an overbought nor an oversold condition. This neutral stance suggests that the market isn't leaning heavily in one direction. What we're seeing is a balance between buying and selling pressures. Combining these indicators, the current scenario for WIF is a standoff between the potential for further growth and a possible need for the price to take a break and stabilize. Traders might be watching for a sustained increase in volume, which would support a push through the resistance level, or a fall in volume, which could see the price retract to stronger support levels where it has stopped falling before. In simpler terms, WIF is at a spot where its next move is not clearly defined by the indicators, and it could either break out and rise if there's enough buying interest or dip to find support if the sellers take over. Watching the volume and news for any developments that could sway market sentiment will be crucial for anyone trading WIF. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
Dogwhifhat: A Dive into the Doge-Themed Tokens SurgeThe crypto market ablaze with fervor, as CRYPTOCAP:WIF emerges as the third-largest meme coin, eclipsing stalwarts of the industry like DeFi and exchange tokens. But what exactly is driving this canine frenzy, and what does it mean for the broader landscape of digital assets? At the heart of this frenzy lies the irresistible allure of Dogecoin. Once dismissed as a mere joke, Dogecoin has since evolved into a cultural phenomenon, capturing the imaginations of retail investors and institutional players alike. Its iconic Shiba Inu mascot has become synonymous with the playful spirit of crypto, transcending mere currency to embody a community-driven ethos. Enter CRYPTOCAP:WIF , the latest entrant in the canine-themed saga. Leveraging the robust infrastructure of the Solana blockchain, CRYPTOCAP:WIF has swiftly carved out its niche, riding the coattails of Dogecoin's success. But CRYPTOCAP:WIF is not alone in this endeavor; fellow dog-themed tokens like Floki ( SEED_DONKEYDAN_MARKET_CAP:FLOKI ) have also joined the fray, betting big on the enduring appeal of Dogecoin and its canine cohorts. However, amidst the euphoria, cautionary whispers abound. Trading firms are sounding the alarm bells, warning of an impending pullback as established cryptocurrencies like Bitcoin and Ethereum exhibit signs of exhaustion. The price rally, though exhilarating, has been nothing short of exponential, raising concerns about overheated markets and inflated valuations. In the realm of Ethereum, risk reversals paint a bleak picture, with indicators skewed to the downside, signaling a palpable sense of apprehension among investors. Moreover, funding and forwards remain elevated, indicating that speculators are willing to pay a premium to maintain their leveraged long positions—a precarious dance on the edge of a volatile precipice. Technical Outlook CRYPTOCAP:WIF has yielded Potential gains to its holders with the token surging by about 11.6% today Saturday, 2024. With a Bullish Relative Strength Index (RSI) of 67.42, CRYPTOCAP:WIF is looking to capitalize on its gain and spike even higher reaching $10 as speculated by Ex Bitmex Founder Arthur Hayes. As we approach a long weekend spanning the US, Europe, and parts of Asia, the stage is set for further intrigue in the crypto sphere. Will the relentless momentum of dog-themed tokens continue unabated, or are we on the cusp of a market correction? The answer remains shrouded in uncertainty, a tantalizing mystery waiting to unfold.
Long
by DEXWireNews
WIF Is Going To Come Down Hard Be CarefulWIF is way overextended and overvalued. There is bearish divergence on many indicators on almost all higher timeframes. I think WIF comes down to tap the trendline at $1.40 and a small bounce then it falls swiftly into the wedge again. Where is goes from there I dont know but I will update the chart at that time. This is not finainclal advice this is just my opinion. LIKE, AND FOLLOW ME + THIS IDEA FOR CONSTANT UPDATES. THANK YOU
Short
by Bitgolder
13
Dogwifhat Meme NFT Sold for $4 Million to GCR Original Dogwifhat meme featuring Achi in a pink beanie got sold for 1,210 ETH ($4M) to trader GCR, igniting a short rally in CRYPTOCAP:WIF price. The original Dogwifhat meme, depicting Achi the dog wearng a pink beanie hat, has been sold for 1,210 Ether ( CRYPTOCAP:ETH ), equivalent to approximately $4 million. A trader named GiganticRebirth (GCR) got the acquisition, which led to a short term rally in the values of Dogwifhat ( CRYPTOCAP:WIF ), a meme coin built on the Solana blockchain. Dogwifhat Auction Sparks Widespread Interest The sale occurred on Foundation, a website dedicated to crypto art and auctions, where the original piece was listed for an opening price of 0.15 ETH. The auction was marked by a heated bidding war, mostly between GCR, bidding anonymously as “PleasrDAO” and Memeland, another major player in the crypto world. The Dogwifhat meme, deriving its charm from the image of Achi, captured global attention upon its debut, quickly evolving into a symbol celebrated across the internet. The subsequent auction and participation of GCR greatly increased WIF’s appeal. The participation of GCR in the acquisition has an integral effect on the market performance of $WIF. Known for their insightful market analysis and successful predictions, GCR has amassed a substantial following within the crypto community. Following the acquisition by GCR, the CRYPTOCAP:WIF coin witnessed a 17% surge in its price within just an hour followed by a sharp decline of 10.9%. Apparently, analysts have attributed this surge to GCR’s purchase and a recent post by Elon Musk on X, featuring images of dogs in hats, which further fueled the enthusiasm around Dogwifhat. WIF’s market capitalization and 24-hour trading volume surged by 15.87% and 49.99% respectively to $2,805,344,838 and $1,102,407,126, respectively.
Long
by DEXWireNews