Dogwifhat is Trading -20.20% Below Our Price Prediction for Oct 08, 2024

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 -7.52% today against the US Dollar
• WIF/BTC decreased by -5.91% today
• WIF/ETH decreased by -3.46% today
• Dogwifhat is currently trading 20.20% below our prediction on Oct 08, 2024
• Dogwifhat gained 32.04% in the last month and is up 44,950.50% since 1 year ago

WIF price is expected to rise by 29.76% in the next 5 days according to our Dogwifhat price prediction

Dogwifhat price today is trading at $ 2.12 after losing -7.52% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -8.28% in the same time period. WIF performed poorly against BTC today and recorded a -5.91% loss against the world’s largest cryptocurrency.

According to our Dogwifhat price prediction, WIF is expected to reach a price of $ 2.65 by Oct 08, 2024. This would represent a 29.76% 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 32.04% in the last 30-days. The medium-term trend for Dogwifhat has been bullish, with WIF increasing by 23.03% in the last 3 months. The long-term picture for Dogwifhat has been positive, as WIF is currently displaying a 44,950.50% 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 $ 2.60, while the cycle low is at $ 1.08. WIF has been displaying high volatility recently – the 1-month volatility of the coin is at 18.04. Dogwifhat recorded 18 green days in the last 30 days.

Dogwifhat technical analysis for today – Oct 03, 2024

The sentiment in the Dogwifhat markets is currently Neutral, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 2.05, $ 1.89 and $ 1.67, while $ 2.43, $ 2.65 and $ 2.81 are the key resistance levels.

Neutral sentiment for Dogwifhat

17 indicators are currently signaling a bullish prediction for Dogwifhat, while 7 indicators are showing a bearish forecast. With 71% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Dogwifhat.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 37 (Fear), which signals that investors have a negative 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.

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 64.19, 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 Neutral. WIF would have to increase by 29.76% to hit our $ 2.65 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.