Dogwifhat (WIF) Sees Rise in Inflows, Could Start August on a Strong Note
📈
As July comes to a close, dogwighat's (WIF) price may be ending it with a decrease. However, recent data reveals that the first few days of August may come with a different tune. WIF trades at $2.30 even though it reached a monthly high of $2.89 on July 22.
The price decrease can be linked to profit-taking from the previous hikes, but it could be time to recover. While WIF's price sinks, the Chaikin Money Flow (CMF) on the daily chart shows that the decrease may be short-lived as the reading climbs to 0.15.
When the rating increases, it means that there is a surge in buying pressure. However, a drop in the indicator's position suggests that market participants are taking money out and selling. The divergence between WIF's price and the indicator's status could be positive for the meme coin's value.
In addition to the rising capital flow, the Weighted Sentiment rating around dogwifhat has increased. A positive reading indicates that there are more favorable opinions online. For WIF, the Weighted Sentiment is currently -0.30, marking an improvement from July 29.
Based on the daily WIF/USD chart, the meme coin has erased almost half of July's gains. As the price declines, it is approaching a crucial demand zone located between $2.14 and $2.20. Apart from that, the price is on the cusp of rising above the 20 EMA (blue).
If WIF rises above the 20 EMA, it could validate the bullish bias that recently flashed. Should this be the case, the token's price may rebound to $2.47 and, subsequently, $2.78. If the rate of money flow into WIF decreases, the price may be invalid, potentially dropping to $2.10.
Source: beincrypto.com ↗
Vergelijkbare artikelen (89)
Dogwifhat Climbs 8%, Is This the Start of a Massive Recovery?
Dogwifhat Collapses in Meme Coin Bloodbath, New Rival Raises $6.7 Million
Trader Warns ‘Nobody is Ready’ for DogWifHat Reversal: WIF Price Breakout Ahead?
Panic for DogWifHat Holders as Price Dips Below $1.50 – All Eyes on Crypto All Stars
WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal
DogWifHat Sinks 8% – Can It Survive as New “Crypto All Stars” Rival Takes Off
WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal
Is the dogwifhat Bubble About to Burst? Here’s What You Need to Know
Will DogWifHat Crash to Zero? $WIF Price Down 24% as Emerging Rival Gathers $900,000
DogWifHat Defiant As WIF Price Defies Meme Market Dip
Dogwifhat (WIF) Leads Memecoins Recovery With 12% Jump, Is $2.2 The Next Stop?
All-Time Highs Ahead? Dogwifhat (WIF) Poised For Big Growth — Analyst
Dogwifhat On The Edge: Can WIF Hold Above $1.47 As Bears Close In?
Dogwifhat (WIF) Holds Strong Above $1.5, Is A Bigger Rally Imminent?
Dogwifhat Gains Traction: WIF Jumps 19% Beyond Major Resistance Level
Dogwifhat Whale On Buying Spree, Mega Price Rally Ahead?
WIF Price Rides The Meme Coin Market Upswing With A 12% Rise
Dogwifhat (WIF) Set For Rally? Whales Amass $33.35M, What’s Next?
Dogwifhat Price Analysis: WIF Soar 26%, Eyes $3 Retest
dogwifhat rebounds with a 22% hike: Can WIF sustain these gains?
Dogwifhat Prices Surge by 13%
Dogwifhat (WIF) Price Under Threat of Falling Below Key Support
Dogwifhat (WIF) Price Shows Strong Recovery, Up 66% from Recent Low
Dogwifhat Price Set to End 5-Month Correction Amid Whale Accumulation
Dogwifhat (WIF) Looks to Sustain Rally After Short-Lived Peak
Dogwifhat (WIF) Outshines Top Meme Coins with Bullish Breakout
Dogwifhat (WIF) Outshines Top Meme Coins with Bullish Breakout
Examining WIF’s bullish week: Memecoin up 9% as sentiment shifts
Will dogwifhat crash to $1.25? Examining WIF’s future in a bearish market
Investors Monitor Dogwifhat’s Price Decline
Dogwifhat (WIF) Price Soars 60% This Week, Eyes $3 This August?
Traders Withdraw Over $40 Million as Dogwifhat (WIF) Price Falls 10%
Dogwifhat(WIF) Recovers After Hit By $40M Withdrawals And Increased Short Positions
Solana Sees Impressive Price Surge
Dogwifhat (WIF) Price Breakout Soon? Trading Volume Surges Amid Bullish Price Prediction
Mog Coin (MOG) & dogwifhat (WIF) Prices Plunge Hard: Yet May Rebound Hard Quickly Once Bearish Heat Fades Off
Dogwifhat (WIF) RSI Flashes Buy Signal – Time To Buy The Dip? Base Dawgz Also In High Demand
Dogwifhat (WIF) Struggles to Stay Above $1.50 With Rising Sell-Offs
Dogwifhat Coin Suffers Price Decline
Stunning 4,497x Return: Trader Turns $5K into $24M with Dogwifhat (WIF) Memecoin!
Dogwifhat (WIF) could fall to $1, Here’s why
Solana Meme Coin Trader Makes 4,497x Profit Amid Bearish Market
Dogwifhat Price Analysis As Open Interest Falls 40%; Go Long Or Short?
Dogwifhat’s sharp decline: Why WIF could fall below $1
Dogwifhat (WIF) Price Recovery Not Yet Safe After Sub-$1 Scare
Dogwifhat Gains Rapidly in Value
dogwifhat: Is now the time to buy? WIF whales drop major hints
WIF’s Largest Holder Makes $2.7M Purchase, Bullish Reversal Imminent?
Dogwifhat Price Soars 15% on Whale Buys, Can WIF Scale to $5?
Dogwifhat Price Prediction 2024 – 2030: Will WIF Price Explode This Year?
dogwifhat struggles despite whale moves: Why WIF has a tough road ahead
Can WIF bounce back from its $1.2 low? Key insights show…
dogwifhat (WIF) Bulls Jump in Action: Will They Trigger a 15% Jump After a 20% Rise?
Dogwifhat over Dogecoin? 30% gain makes WIF top memecoin of the week
Dogwifhat (WIF) Price Rally Imminent? Key Metrics Indicate Bullish Move
Dogwifhat (WIF) Poised for Another 12% Price Drop, Here’s Why
Will dogwifhat drop 10%? WIF’s key levels say…
Why dogwifhat will rally 20% soon – ‘Nobody is ready for…’
Dogwifhat Price Correction Attracts WIF Whales: 20% Rally Imminent?
dogwifhat (WIF) Price Prediction 2024-2030: Will the Meme Coin Reach $15 Soon?
Dogen Becomes New Bullish Memecoin, Dogwifhat (WIF) Bleeds Red Under Bearish Dominance
dogwifhat rises 12%: Is $3.7 the next stop for this memecoin?
Dogwifhat Whale Accumulations Soar; Is A WIF Price Breakout Ahead?
Dogwifhat (WIF) Price: Sees Surge in Whale Accumulations, What’s Next?
dogwifhat soars 18.7% in 24 hours: Is WIF leading the memecoin recovery?
WIF ahead of Dogecoin? Analyzing dogwifhat’s 21% surge
dogwifhat (WIF) Plagued With Macro Bearishness Strengthens Decline
Breakout Alert! Dogwifhat Price Set to Skyrocket
Dogwifhat Price Analysis: Is Still $10 Feasible After a 40% Monthly Drop?
Dogwifhat Sees Significant Price Increase in One Day
Solana’s Meme Coin Ecosystem Thrives with Dogwifhat’s Surge
Investors React to Dogwifhat’s Price Drop
Dogwifhat Coin Faces Significant Price Drop
Dogwifhat Coin Faces Significant Decline in Value
Dogwifhat (WIF) Faces Sharp Decline in Social Engagement and Investor Interest Amid Market Uncertainty
Dogwifhat Price Jumps 27% Amid Market Recovery, Derivatives Interest Surges
Dogwifhat (WIF) Faces 29% Decline Amid Surge in Trading Volume
Dogwifhat (WIF) Suffers Major Crash Amid Market Downturn, Whale Nets $24M Profit
Dogwifhat (WIF) Set to Test Critical $1.50 Support Level Amid Price Decline
Dogwifhat (WIF) Faces Bearish Future After Failing to Break Past $2
Whale Sell-Off Sparks Fear of 15% Drop in Dogwifhat (WIF), Potential Buying Opportunity for New Investors
Dogwifhat (WIF) Analysis: Insights from Crypto Analyst Sherpa on Meme Coin Performance
Dogwifhat (WIF) Plunges Over 70%: Meme Coin Performance Woes Compared to Shiba Inu (SHIB)
Dogwifhat [WIF] Poised for Recovery Amid Renewed Memecoin Frenzy in 2024
Credible Crypto’s Insights: Bitcoin, CRV, and Dogwifhat (WIF) Market Predictions Explored
Bitcoin and Dogwifhat (WIF) Lead Crypto Surge in 2024 with Impressive Gains
Dogwifhat (WIF) Price Plummets: Key Factors Behind the Meme Coin’s Decline
Could Dogwifhat (WIF) Soar to $88? Analyst Predicts Future Growth and Rivalry with Dogecoin
Dogwifhat (WIF) Faces Major Decline Post-Crypto Crash, Long Position Traders Affected
