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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
WIFUSDT.1HOn the WIF/USDT chart, we see a currency that's experienced some volatility, creating a series of peaks and troughs. The price is currently in a transitional phase, as indicated by several technical elements: Ichimoku Cloud: The price is currently below the Ichimoku Cloud, suggesting a bearish outlook. The Cloud could act as resistance if the price attempts to rise. Resistance (R1): A potential resistance level has been plotted at around 3.1357 USDT. If the price were to rally, it might encounter selling pressure near this level. Support (S1): The identified support level at 2.0365 USDT might provide a floor for the price if it continues to fall. RSI (Relative Strength Index): It's at a moderate level around 59.78, indicating that there's neither excessive buying nor selling pressure at the moment. MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, suggesting bearish momentum, although the histogram shows the momentum is not aggressively bearish. Given the price's position below the Ichimoku Cloud and the bearish MACD, the sentiment seems to lean towards the downside. However, with the RSI not at extremes, there might be room for some price recovery or sideways movement. Watching for any potential crossover in the MACD or an increase in the RSI could provide early signs of a change in trend. It's essential to integrate such technical insights with broader market analysis for informed trading decisions.
by MarsSignals
1
Arthur Hayes Predicts Dogwifhat (WIF) To Hit $10The price of CRYPTOCAP:WIF , the meme coin associated with the Dogwifhat community, has skyrocketed by an astounding 80%. This surge comes on the heels of the completion of community funding efforts aimed at a grandiose plan involving the iconic Las Vegas Sphere. BitMEX co-founder Arthur Hayes has added fuel to the fire by predicting a further surge in WIF's price, foreseeing it reaching $10. Such bold forecasts have ignited discussions and speculation within the crypto community, further propelling interest in WIF. The surge in CRYPTOCAP:WIF 's price, which has exceeded $3 for the first time, is particularly noteworthy amidst a broader trend of meme coins struggling to maintain their momentum. However, CRYPTOCAP:WIF has managed to defy the odds, securing its position as the fourth-largest meme coin by market capitalization. The ambitious plans of the Dogwifhat community to leave their mark on the Las Vegas skyline have captured the attention of investors and enthusiasts alike. With the completion of community funding, efforts are underway to secure ad space on the exterior dome of the Las Vegas Sphere—a digital marvel renowned for its immersive entertainment experiences. The fundraising, which initially aimed to raise $650,000, saw donations exclusively accepted in USD Coin (USDC). Recent reports indicate that the target has been met, paving the way for the Shiba Inu mascot, emblematic of the Dogwifhat community, to be prominently displayed on the Las Vegas Sphere. This ambitious endeavor not only showcases the passion and dedication of the Dogwifhat community but also underscores the growing influence and potential of meme coins within the broader crypto landscape. As meme coins continue to capture the imagination of investors, WIF stands out as a symbol of innovation and community-driven initiatives. Moreover, the surge in CRYPTOCAP:WIF 's price reflects a renewed confidence in meme coins, particularly those within the Solana network. With Solana experiencing a significant uptick in price and investor interest, meme coins built on its platform, like WIF, are positioned to capitalize on the positive sentiment surrounding the ecosystem.
Long
by DEXWireNews
WIFUSD The frenzy is approaching a technical Resistance.Dogwifhat (WIFUSD) has been the revelation of the last 3 weeks as during that time it grew by more than +1000%. This rally is mostly euphoria driven and the frenzy may very well push even higher. But we can't neglect the technical Resistance levels along the way. The strongest of them is the top (Higher Highs trend-line) of the Channel Up pattern since it first started trading. The 1D MACD formed a Bearish into Bullish Cross pattern and last time we saw this was on January 25 2024, when the price started pulling back. In that sense, a short-term correction back to the 1D MA50 (blue trend-line) and Support 1 (1.01500) is a realistic scenario if the market is to find new buyers. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:WIFUSDShort
by TradingShot
2
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc. As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal. Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
Long
by FieryTrading
2
DOGWIFHAT $WIF - Potential for a massive 10x move!Dear Traders, I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem. I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays. People are getting rich and more people poor by purchasing and trading these coins. But however there is a road here also which can be followed fairly safe. DOG WIF HAT! , this is what i am just showing to you guys. I don't want to give to much for the TA this time, morely want you to focus on the market and the power of communities here and there. Currently WIF are traded in 0,2$. Twitter page have more than 20k followerts in just a few weeks. Crypto.com already announced the listing of it. Others are waiting now, but there is a massive chance that this will be the newest memecoin whihc will gain massive popularity. It is still very early now to buy in. I am expecting the price will reach 1$ very fast, and then probably its peak will be at 2$. It highly depends on will it be listed on binance and other major exchange or not. Why would be good for exchanges to list WIF to their platform? VOLUME! Exactly, trade volume, they earn money by hjaving more and more people trading there. and if there is something which gained this much popularity, it is only patience what we need, because almost 100% that it will be listed. Lastly, the problem here that there is no clear and valuable meaning behind this token, that is true. But please ask yourself, how much cryptocurrency literally have no meaningful existence by the term of technology nowadays, but we still trade it ? :) We trade what is tradeable where there is volume. Imagine dogecoin, shib, bonk, BITCOIN is also useless with its't technology nowadays, the only thing that keep its price up is it's prestige.. Let's talk, discuss what you think about this solana trashcoin haul and especially this cutie, the Dog Wif Hat . :) Best of luck and don't forget, this is not a financial advise and i will never share any kind of such thing.
Long
by Arokthomasso
6
Dogwifhat ($WIF) Hits All-Time high Dogwifhat ($WIF) has emerged as a standout performer, achieving an all-time high fueled by a remarkable surge of over 250% in the past week. This Solana-based memecoin, launched just three months ago, has captured the attention of investors and enthusiasts alike as it defies expectations and continues its meteoric rise. A Memecoin Phenomenon: Dogwifhat's ($WIF) journey from its humble beginnings, trading at $0.0045 upon launch, to its current valuation surpassing $1, epitomizes the volatile yet enticing nature of meme coins in the crypto market. The latest surge towards $1.13 signifies a newfound fervor surrounding the token, propelled by the ongoing bull market and heightened activity in the memecoin sector. Market Dynamics and Whale Accumulation: The recent rally in $WIF's price can be attributed to several factors, including the overall bullish sentiment in the crypto market, particularly within the memecoin segment. As the crypto market cap swells by 2.6%, with memecoin market growth reaching $37.8 billion, Dogwifhat stands out as a prime beneficiary of this surge. Moreover, the listing of Dogwifhat ($WIF) on Robinhood has further catalyzed its momentum, resulting in a significant increase in trading volume. However, it's the whale movements that have truly accelerated WIF's price hike, with a Solana whale purchasing a staggering $1.34 million worth of WIF tokens shortly after the Robinhood listing. Surpassing Milestones: With a current market cap exceeding $1.1 billion, Dogwifhat ($WIF) has surpassed notable competitors like FLOKI and CorgiAi to claim its position as the fifth-largest meme coin in the market. This achievement underscores the growing prominence and potential of Dogwifhat ($WIF) within the crypto ecosystem, as it continues to captivate investors and solidify its presence. Looking Ahead: As Dogwifhat's ($WIF) ascent shows no signs of slowing down, investors and analysts alike are closely monitoring its trajectory. With its robust performance, strategic listings, and whale accumulation driving its growth, Dogwifhat ($WIF) is poised to carve out a prominent niche within the ever-expanding landscape of meme coins. In conclusion, Dogwifhat's ($WIF) remarkable journey from obscurity to prominence serves as a testament to the dynamism and potential of meme coins in the crypto market. As it continues to ride the waves of success, Dogwifhat ($WIF) stands as a beacon of innovation and opportunity, reshaping the narrative of memetic assets in the digital age.
CRYPTO:WIFUSD
by DEXWireNews
WIF NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section The resistance of the previous analysis was cleared and a flip zone was created for us. Examining the waves, it looks like we have a diametric that has now ended wave C and entered wave D of this diametric. Each wave of this diametric is between 19 and 12 days. By maintaining the flip range, we expect a rise from WIF 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
by behdark
3