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Dogwifhat is Trading -25.96% Below Our Price Prediction for Nov 09, 2024

Dogwifhat is Trading -25.96% Below Our Price Prediction for Nov 09, 2024


| CoinCodex

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 -6.22% today against the US Dollar
  • WIF/BTC decreased by -5.13% today
  • WIF/ETH decreased by -4.17% today
  • Dogwifhat is currently trading 25.96% below our prediction on Nov 09, 2024
  • Dogwifhat dropped -13.36% in the last month and is up 41,194.10% since 1 year ago
Dogwifhat price $ 1.94
Dogwifhat prediction $ 2.62 (29.85%)
Sentiment Bearish
Fear & Greed index 69 (Greed)
Key support levels $ 1.97, $ 1.86, $ 1.76
Key resistance levels $ 2.18, $ 2.29, $ 2.40

WIF price is expected to rise by 29.85% in the next 5 days according to our Dogwifhat price prediction

is trading at $ 1.94 after losing -6.22% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.50% in the same time period. WIF performed poorly against BTC today and recorded a -5.13% loss against the world’s largest cryptocurrency.

According to our Dogwifhat price prediction, WIF is expected to reach a price of $ 2.62 by Nov 09, 2024. This would represent a 29.85% 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 negative trend recently, as the coin lost -13.36% in the last 30-days. The medium-term trend for Dogwifhat has been bullish, with WIF increasing by 34.26% in the last 3 months. The long-term picture for Dogwifhat has been positive, as WIF is currently displaying a 41,194.10% 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 7.44. Dogwifhat recorded 11 green days in the last 30 days.

Dogwifhat technical analysis for today – Nov 05, 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 $ 1.97, $ 1.86 and $ 1.76, while $ 2.18, $ 2.29 and $ 2.40 are the key resistance levels.

Bearish sentiment for Dogwifhat

5 indicators are currently signaling a bullish prediction for Dogwifhat, while 21 indicators are showing a bearish forecast. With 81% 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 $ 2.26 (SELL) $ 2.49 (SELL)
MA5 $ 2.39 (SELL) $ 2.54 (SELL)
MA10 $ 2.35 (SELL) $ 2.55 (SELL)
MA21 $ 2.46 (SELL) $ 2.45 (SELL) $ 0.274379 (BUY) $ 1.98 (SELL)
MA50 $ 2.27 (SELL) $ 2.20 (SELL)
MA100 $ 1.97 (SELL) $ 2.10 (SELL)
MA200 $ 2.30 (SELL) $ 2.07 (SELL)
Period Value Action
RSI (14) 37.10 BUY
Stoch RSI (14) 0.00 BUY
Stochastic Fast (14) 14.41 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 16.81 NEUTRAL
Awesome Oscillator (5, 34) -0.15 NEUTRAL
Momentum (10) -0.45 NEUTRAL
MACD (12, 26) -0.06 NEUTRAL
Williams Percent Range (14) -85.59 BUY
Ultimate Oscillator (7, 14, 28) 42.03 NEUTRAL
VWMA (10) 2.38 SELL
Hull Moving Average (9) 2.28 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 2.46 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 37.10, 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 above the SMA 50 trendline, which is a bullish 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 above the SMA 200, signaling that the market is currently bullish.

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 29.85% to hit our $ 2.62 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.



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