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Dogwifhat (WIFUSD) Targets $4.857 amidst Market Upsurge

Johnathon Fox
04/05/2024 | UPDATED ON: 04/05/2024

Dogwifhat (WIFUSD) Price Forecast: April 5
Dogwifhat price remains in an uptrend. The coin price targets the $4.857 supply amidst a market upsurge as the coin becomes a stand-out player in the market. If the current support level at $3.611 holds, the currency will continue to appreciate. Hence the cryptocurrency’s price may rise further to retest the previous high level of $4.857, which might further target the $5.000 supply during a market boom.

Key Levels:
Resistance Levels: $3.700, $3.800, $3.900
Support Levels: $3.100, $3.000, $2.900

WIF (USD) Long-term Trend: Bullish (4H Chart)
WIFUSD price targets the upper high level amidst the market upsurge as it remains positive today again on the daily chart. Further, the price is trading above the EMA-50 which means that the coin is in a bullish market zone at the moment.
Dogwifhat (WIFUSD) Targets $4.857 amidst Market Upsurge
The high pressure from the bulls in the past session also added to this bullishness. However, the coin buyers have now targeted the upper high level as the pair continues its upside moves.

Today’s 4-hourly bullish candle at the $3.971 supply value which is slightly above the moving average confirms the bulls’ dominance and that the price of dogfight will keep trending up.

Notably, the stochastic is also showing the market price may continue its upsurge by pointing upwards. Hence, the WIFUSD price might target $4.857 amidst a market surge soon.

WIF (USD) Short-term Trend: Bullish (1H Chart)
WIFUSD’s price is above the supply level and also targets the upper high value amidst a market upsurge in its short-term outlook. The price currently trades slightly above the EMA-50, which has confirmed its bullishness.
Dogwifhat (WIFUSD) Targets $4.857 amidst Market Upsurge
The bullish pressure to a $3.796 high level in the past session has made it possible for the coin price to remain in an upsurge and target the upper high level of its recent high.

Earlier today, the coin buyers caused a rise in the price of Dogwifhat to a high at the $3.872 level above the moving average line amidst the market upsurge. This current trend will enable the price to keep rising and remain on the upside which could target the $4.857 upper high channel.

Similar to that, the price of WIFUSD pointing upwards on the daily stochastic, means that crypto price may continue its upsurge and its target might be the $5.00 upper resistance level in the coming days in its short-term outlook.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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