Dogwifhat (WIFUSD) Price Forecast: April 2
Dogwifhat price will keep accelerating based on the outlook. The meme coin at the moment is currently recovering and facing the upper channel. Thus, if the coin closes above a $4.857 high mark, the accelerated buying pressure may increase the coin price to hit the $5.000 upper resistance level, resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance Levels: $4.200, $4.300, $4.400
Support Levels: $2.100, $2.000, $1.900
WIF (USD) Long-term Trend: Bullish (4H Chart)
Dogwifhat turns positive today again. The coin price will keep accelerating to the upper channel as can be seen from the chart below.
The coin price is far above the resistance levels and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
However, the previous action which closed at the $4.72 high level in the past few days has made the crypto price keep accelerating above the supply trend levels in recent times.
Today’s 4-hourly bullish candle at the $4.490 supply value above the moving averages confirms the bulls’ dominance and that the price will keep accelerating.
However, there are bullish signals above the level of $4.392 which indicates a possible further increase in the market value of the WIFUSD pair.
Notably, if more pressure is been added by the bulls, the price of Dogwifhat will keep accelerating and this may extend the price to the $5.000 upper high level, resulting in a great turnover to the coin buyers.
WIF (USD) Short-term Trend: Bullish (1H Chart)
Despite the moves by the short traders, the WIFUSD price keeps accelerating above the supply level and remains in an uptrend in its short-term outlook. The price currently trades above the EMA-50, which has confirmed its bullishness.
The cryptocurrency has been having a series of higher highs and higher lows which has made it possible for the price to remain in an upward trend in its recent high.
Earlier today, the coin buyers caused a rise in the price of Dogwifhat to a high at the $4.490 level above the moving average. This current trend will enable the price to keep accelerating and remain on the upside to break out to the upper-high channel. This however creates a strong area of interest for buyers.
Hence, with the price of WIFUSD pointing upwards on the daily stochastic, this means that the price will keep accelerating. Therefore, it is expected that the buy investors will move the price action up and may likely hit the $5.000 upper resistance level soon in its short-term outlook.
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