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HomeBitcoinBitcoin NewsDogwifhat is trading -21.79% below our price prediction for January 2, 2025
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Dogwifhat is trading -21.79% below our price prediction for January 2, 2025

Disclaimer: This is not investment advice. The information provided is for general purposes only. None of the information, materials, services and other content provided on this page constitutes a solicitation, recommendation, endorsement or any financial, investment or other advice. Please seek independent professional consultation in the form of legal, financial and tax advice before making any investment decisions.

  • Dogwifhat is up 3.87% against the US dollar today
  • WIF/BTC rose 3.82% today
  • WIF/ETH rose 2.26% today
  • Dogwifhat is currently trading 21.79% below our January 2, 2025 prediction
  • Dogwifhat fell -37.89% in the last month and is up 797.25% since 1 year ago
Dog with that price $1.90
Dogwifhat Prediction $2.43 (30.81%)
Feeling Bearish
Fear and Greed Index 72 (Greed)
Key Support Levels $1.78, $1.73, $1.66
Key resistance levels $1.90, $1.98, $2.02

WIF price is expected to rise by 30.81% in the next 5 days based on our Dogwifhat price prediction

The price of Dogwifhat today is trading at $1.90 after gaining 3.87% in the last 24 hours. The coin outperformed the cryptocurrency market as the total cryptocurrency market capitalization increased by 2.47% in the same period. WIF performed well against BTC today and posted a 3.82% gain against the world’s largest cryptocurrency.

According to our Dogwifhat price prediction, WIF is expected to reach a price of $2.43 by January 2, 2025. This would represent a 30.81% price increase for WIF in the next 5 days.

WIF Price Prediction Chart

Buy/Sell dog hat

What has been happening with Dogwifhat in the last 30 days?

Dogwifhat has been showing a negative trend recently as the coin lost -37.89% in the last 30 days. Dogwifhat’s medium-term trend has been bearish, with WIF falling -16.56% over the last 3 months. The long-term outlook for Dogwifhat has been positive, as WIF is currently showing a price change of 797.25% in one year. On this day last year, WIF was trading at $0.212016.

Dogwifhat reached its all-time high price on March 31, 2024, when the price of WIF reached a high of $4.80. The current cycle high of WIF is $4.45, while the cycle low is $1.08. WIF has been showing high volatility recently: the coin’s 1-month volatility is 20.80. Dogwifhat recorded 12 green days in the last 30 days.

Dogwifhat technical analysis for today – December 28, 2024

The sentiment in the Dogwifhat markets is currently bearish and the Fear & Greed index indicates greed. The most important support levels to watch out for are $1.78, $1.73, and $1.66, while $1.90, $1.98, and $2.02 are the key resistance levels.

Bearish sentiment towards Dogwifhat

Currently, eight indicators point to a bullish prediction for Dogwifhat, while 20 indicators show a bearish forecast. With 71% of indicators in favor of a negative prediction. This results in a Bearish sentiment by Dogwifhat.

The Crypto Market Is Currently Experiencing Greed

Currently, the Fear & Greed index is at 72 (Greed)indicating that investors have a positive outlook on the market. The Fear & Greed Index is a measure of sentiment among cryptocurrency investors. A reading of “Greed” suggests that investors are currently optimistic about the cryptocurrency market, but it may also be an indication that the market is overvalued. A “Fear” reading, on the other hand, indicates that investors are currently hesitant about the cryptocurrency market, potentially representing a buying opportunity.

Dogwifhat moving averages and oscillators

Let’s take a look at what some of the most important technical indicators indicate. We will review moving averages and key oscillators that will allow us to get a better idea of ​​how Dogwifhat is positioned in the market at the moment.

Period simple diary daily exponential Weekly Single Weekly Exponential
MA3 $2.35 (SELL) $2.26 (SELL) – –
MA5 $2.27 (SELL) $2.42 (SELL) – –
MA10 $2.18 (SELL) $2.66 (SELL) – –
MA21 $2.63 (SELL) $2.89 (SELL) $0.649389 (BUY) $2.44 (SELL)
MA50 $2.97 (SELL) $2.91 (SELL) $0.480457 (BUY) $0.483252 (BUY)
MA100 $2.65 (SELL) $2.71 (SELL) – –
MA200 $2.31 (SELL) $2.47 (SELL) – –
Period Worth Action
RSI (14) 33.01 BUY
RSI Stock (14) 39.44 NEUTRAL
Fast Stochastic (14) 18.45 BUY
Commodity Channel Index (20) -66.67 NEUTRAL
Average directional index (14) 29.32 BUY
Awesome Oscillator (5, 34) -0.96 NEUTRAL
Momentum (10) -0.79 NEUTRAL
MACD (12, 26) -0.10 NEUTRAL
Williams Percent Range (14) -81.55 BUY
Ultimate Oscillator (7, 14, 28) 39.19 NEUTRAL
VWMA (10) 2.23 SELL
Hull Moving Average (9) 1.74 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 2.90 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. Dogwifhat’s RSI 14 is at 33.01, 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 50 SMA trend line, which is a bullish signal.

Meanwhile, the 200-day simple moving average (SMA 200) is a long-term trend line that is calculated by taking an average of the closing price of the WIF for the last 200 days. WIF is now trading above the 200 SMA, indicating that the market is currently bullish.

The conclusion about this Dogwifhat prediction

After considering the above factors, we can conclude that the current forecast for Dogwifhat price prediction is Bearish. WIF would need to rise 30.81% to reach our target of $2.43 over the next five days. Going forward, it will be important to monitor WIF market sentiment, key support and resistance levels, and other metrics. However, we must keep in mind that cryptocurrency markets are unpredictable and even the largest crypto assets show 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. None of the information, materials, services and other content provided on this page constitutes a solicitation, recommendation, endorsement or any financial, investment or other advice. Please seek independent professional consultation in the form of legal, financial and tax advice before making any investment decisions.

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