Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Dogwifhat is down -8.89% today against the US Dollar
- WIF/BTC decreased by -4.81% today
- WIF/ETH decreased by -2.58% today
- Dogwifhat is currently trading 24.73% below our prediction on Nov 05, 2024
- Dogwifhat gained 0.83% in the last month and is up 49,511.30% since 1 year ago
| Dogwifhat price | $ 2.33 |
| Dogwifhat prediction | $ 3.10 (30.23%) |
| Sentiment | Bearish |
| Fear & Greed index | 69 (Greed) |
| Key support levels | $ 2.52, $ 2.46, $ 2.38 |
| Key resistance levels | $ 2.65, $ 2.73, $ 2.79 |
WIF price is expected to rise by 30.23% in the next 5 days according to our Dogwifhat price prediction
Dogwifhat price today is trading at $ 2.33 after losing -8.89% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -7.04% in the same time period. WIF performed poorly against BTC today and recorded a -4.81% loss against the world’s largest cryptocurrency.
According to our Dogwifhat price prediction, WIF is expected to reach a price of $ 3.10 by Nov 05, 2024. This would represent a 30.23% price increase for WIF in the next 5 days.
WIF Price Prediction Chart
Buy/Sell Dogwifhat
What has been going on with Dogwifhat in the last 30 days
Dogwifhat has been displaying a positive trend recently, as the coin gained 0.83% in the last 30-days. The medium-term trend for Dogwifhat has been bullish, with WIF increasing by 41.15% in the last 3 months. The long-term picture for Dogwifhat has been positive, as WIF is currently displaying a 49,511.30% 1-year price change. On this day last year, WIF was trading at $ 0.004700.
Dogwifhat reached its all-time high price on Mar 31, 2024, when the price of WIF peaked at $ 4.80. The current WIF cycle high is $ 2.97, while the cycle low is at $ 1.08. WIF has been displaying low volatility recently – the 1-month volatility of the coin is at 6.44. Dogwifhat recorded 12 green days in the last 30 days.
Dogwifhat technical analysis for today – Nov 01, 2024
The sentiment in the Dogwifhat markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 2.52, $ 2.46 and $ 2.38, while $ 2.65, $ 2.73 and $ 2.79 are the key resistance levels.
Bearish sentiment for Dogwifhat
10 indicators are currently signaling a bullish prediction for Dogwifhat, while 12 indicators are showing a bearish forecast. With 55% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Dogwifhat.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Dogwifhat moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Dogwifhat is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 2.57 (SELL) | $ 2.56 (SELL) | – | – |
| MA5 | $ 2.57 (SELL) | $ 2.58 (SELL) | – | – |
| MA10 | $ 2.44 (SELL) | $ 2.58 (SELL) | – | – |
| MA21 | $ 2.55 (SELL) | $ 2.46 (SELL) | $ 0.342031 (BUY) | $ 1.96 (BUY) |
| MA50 | $ 2.21 (BUY) | $ 2.20 (BUY) | – | – |
| MA100 | $ 1.98 (BUY) | $ 2.10 (BUY) | – | – |
| MA200 | $ 2.31 (BUY) | $ 2.07 (BUY) | – | – |
| Period | Value | Action |
| RSI (14) | 53.59 | NEUTRAL |
| Stoch RSI (14) | 47.23 | NEUTRAL |
| Stochastic Fast (14) | 62.05 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 12.88 | NEUTRAL |
| Awesome Oscillator (5, 34) | -0.03 | NEUTRAL |
| Momentum (10) | -0.13 | NEUTRAL |
| MACD (12, 26) | -0.02 | NEUTRAL |
| Williams Percent Range (14) | -37.95 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.69 | NEUTRAL |
| VWMA (10) | 2.47 | BUY |
| Hull Moving Average (9) | 2.48 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 2.58 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Dogwifhat is at 53.59, suggesting that WIF is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Dogwifhat over the last 50 days. Currently, Dogwifhat is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WIF closing price for the last 200 days. WIF is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Dogwifhat prediction
After considering the above factors, we can conclude that the current forecast for Dogwifhat price prediction is Bearish. WIF would have to increase by 30.23% to hit our $ 3.10 target within the next five days. Moving forward, it will be important to monitor the WIF market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Dogwifhat price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Source: https://coincodex.com/article/51804/dogwifhat-prediction-november-01-2024/