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 WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal Cointelegraph 05 сен 2024

WIF open interest jumps 16% as trader claims ‘nobody is ready’ for reversal 📈

Dogwifhat's open interest experienced a significant 16% rise as its price continued to trade below $1.90 since August 25. This surge in open interest has attracted attention, with one trader noting the emergence of a potential reversal pattern.

The increase in open interest suggests growing interest and speculation among traders, which could result in significant price movements if the reversal pattern materializes.

Dogwifhat, a less-known cryptocurrency, is capturing the market's focus with this unexpected development, highlighting the dynamic nature of crypto investments.

Источник: cointelegraph.com ↗

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