Dogwifhat Price Analysis As Open Interest Falls 40%; Go Long Or Short?
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Dogwifhat's price analysis indicates a 2% drop reaching close to the $1.5 multi-month support level. This decline is part of a larger market correction affecting major altcoins, including the meme cryptocurrency sector, known for its volatility.
The open interest for Dogwifhat has plummeted 40%, signaling a critical juncture for the cryptocurrency. The $1.5 price floor serves as a key level for either a potential price rebound or further accelerated correction, determining future price direction.
Fonte: coingape.com ↗
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