WIF Price Drops 13% After Vegas Sphere Tease Rally Fades
Meme Coin Dogwifhat (WIF), headquarter to Solana, rose 34 % during the trading price during the trading on Wednesday. Rally speculated that the project might be promoted on the Vegas sphere.
However, it turns out that this price rise is short. The value of WIF has begun to retreat, eliminating most of earlier benefits.
dogwifhatThe assembly of the seller has shortened the assembly
In X postal On Wednesday, the developer team behind Dogwifhat laughed at the MEME Coin based on Solana’s MEME Coin on the Las Vegas sphere.
WIF’s price performance is insufficient, immediately Climbing more than 30 % As demand poured into its spot market. However, because the coin has reversed the trend, this price soaring is temporary. WIF’s current transaction price is 1.19 US dollars, which is reduced to $ 1.37 from yesterday’s high.
The assessment of WIF’s open interest confirms the decline of demand. According to Coinglass, the current price is US $ 372 million, a decrease of 19 % in the past 24 hours.
Public interest refers to the total number of non -repayment contracts, for example futures Or unsolved options. When the asset decreases, the interest declines, investors are closing their positions and withdraw from the market. This trend shows that the market participation is reduced or confidence in the future price changes of WIF has weakened.
In addition, the coin is still lower than the red line of its super trend indicator, which indicates that the bias is still very large.
This indicator can help traders determine the market trend by putting a line on the price chart or above the price chart at a price chart or above the price chart. volatilityEssence Like wif When the price transaction of assets is lower than the super trend line, it marks the trend of decoction, indicating that the market is in a downward trend, and sales pressure is dominant.
WIF price prediction: token risk is lower than $ 1
If the selling continues to dominate the market, Wif price It may extend its decline and decrease to less than $ 1, with a transaction of $ 0.97. This means that the current value has fallen by 18 %.
However, if the purchase activity restores and re -gains, they may promote Price of coin The dynamic support resistance of its super -trend indicator is $ 1.62. The successful interruption of this level may promote WIF to trade at $ 1.83.
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