Dogwifhat (WIF) 40% Rally Imminent? Bullish Divergence Spotted
After experiencing a long -term downward momentum, Dogwihat (WIF) is a popular Solana -based coin, which is about to usher in a large -scale upward trend. This positive prospect can be attributed to the formation of the trend of watching the price and the rise of traders in the past 24 hours.
Dogwifhat (WIF) technical analysis and upcoming level
According to expert technical analysis, Wireless if It looks like a bullish, because it forms a bullish and deviative on the daily framework. Whenever a kind of asset is liter, it indicates that the asset may soon skyrocket. In addition, WIF seems to be consolidating near the key support level of $ 1.30.
Historically, this level has always been a strong support for coins. Since August 2024, WIF has reached this level four times, and has experienced a significant rise every time.
Throughout the historical price trend, experts and analysts are expected to have a similar upward trend. According to the recent price trend, if WIF breaks through the consolidation and close at the daily candle above $ 1.50, it is likely to soar 40%in the future to reach a level of $ 2.
At present, the relatively strong and weak index (RSI) that WIF may soon experience a strong price reversal and significant upward momentum.
80% of the Binance traders watched the bullish WIF
According to the data of the company on the chain, from the perspective of the bullish prospects, Binance traders have shown strong interest and confidence in Meme currency in the past 24 hours. Coin glassEssence
Binance’s WiFUSDT long -short ratio is currently 4.01, indicating that traders have a strong bullish mood. In addition, the data shows that 80.10%of the top WIF traders of Binance hold a multi -header, while 19.90%holds short positions.
Current price momentum
With the increase of interest and the prospects of the bullish, WIF’s current transaction price is close to $ 1.44, and has experienced more than 3.5% of the rise in the past 24 hours. In addition, during the same period, the participation of traders and investors seemed to increase, resulting in an increase in transaction volume by 20%.
