#Dogwifhat #WIF #Solana #CryptoAnalysis #PhanTichKyThuat
Overview:
Dogwifhat (WIF) is a prominent meme coin in the Solana ecosystem, attracting strong attention from the community due to its rapid spread and large supportive community. Although it does not possess superior technology, WIF has still created significant appeal, similar to previous famous meme coins like DOGE or SHIB.
📊 Market information (Real-time update)
• Current price: $1.28
• 24h volatility: +45.31%
• 24h trading volume: $1.24 billion
• Market capitalization: $1.28 billion
• Circulating supply: 998.84 million WIF
• CoinMarketCap ranking: #71
• All-time high: $4.85 (03/31/2024)
• 7-day growth: +129.3%
• 30-day growth: +198.95%
📈 Technical analysis
• Nearby resistance: $1.35
• Strong support: $1.00
• RSI (14): Currently at 70, indicating the market is in overbought territory
• MACD: The MACD line crosses above the signal line, strong buy signal
• Trading volume: Strong increase, confirming the bullish trend
The price chart shows that WIF is in a strong uptrend, with the potential to continue rising if it surpasses the resistance level of $1.35.
📰 Notable news
• Strong comeback: After a period of decline, Dogwifhat has recovered strongly, reaching its highest level in the past 5 months and showing no signs of slowing down.
• Growth prediction: A leading economist predicts that the price of Dogwifhat could increase by 840% by 2025, highlighting the significant growth potential of WIF.
🧭 Trading strategy
• Buy scenario (Long): If WIF surpasses the resistance level of $1.35 with high trading volume, a long position can be opened with a short-term target of $1.50 and a long-term target of $2.00.
• Sell scenario (Short): If WIF fails to hold the support level of $1.00 and drops below it, consider opening a short position with a target of $0.85.
• Note: The meme coin market is highly volatile; investors should closely manage risk and stay updated continuously.
🔗 Trading WIF