DogwFhat strikes the highest monthly level of $ 0.98 in high demand star-news.press/wp

Main meals

• DogwFhat increased by 13.69 %, attracting a strong buyer momentum, high futures interest, and profit, with bullish signals that indicate a possible gathering about $ 1.18, if the sale pressure is reduced.

DogwFhat (WIF) gathered 13.69 % by a $ 0.82 bounce, to reach the highest monthly level at $ 0.982 before recovering to $ 0.968, at the time of the press.

The price increased to the maximum of the Memecoin market to $ 978 million, which represents a 14.2 % increase. At the same time, the trading volume in Dogwifhat increased by 105 % to $ 500 million, indicating an increase in capital flow.

Buyers are strongly returning

After sitting on the sidelines, Dogwifhat investors returned to the market strongly. For the first time in more than a month, Memecoin scored three consecutive days of positive sale.

According to Coinalyze, WiF has seen 17.3 million in purchase compared to 16 million in the sale volume on July 10.

Over the past three days, Memecoin has recorded a total of 91.79 million in the purchase volume.

Source: Coinalyze

During the same period, Memecoin 89.52 million witnessed the sales volume. As a result, the Wi -Delta recorded a positive purchase of 2.27 million.

This continuous period of great pressure indicates that buyers dominate the market, and excel over the sellers.

Historically, such a market setting has preceded higher prices with increased pressure on assets.

Futures are chasing gathering

Looking at the future of Dogwifhat, we decided that investors were putting themselves strongly, waiting for the next step.

According to Santiment data, the WIF financing rate that was assembled by Exchange has turned back again.

On July 10, the financing rate was 0.005, which is a positive opposite after being dropped the day before.

Source: Santime

When this scale turns into positive, it indicates that investors are taking long sites. Longs’s higher demand usually indicates that investors are betting on prices to continue to rise.

The applicants did not leave the profit behind them

Increase WIF to monthly underwater investors an opportunity to make profits. Coinglass data shows that the Netflow exchange rose to $ 2.73 million during the gathering, indicating heavy sale.

At the time of the press, Netflow fell to $ 531.6 thousand, confirming a wave of profit achievement.

Source: Coinglass

Usually, when investors turn to the profits while turning the direction, it tends to come out of the possible match due to the high pressure pressure.

Dogwifhat at the crossroads: Which method?

According to Ambrypto analysis, WIF has seen a strong price rise with buyers’ return strongly.

Source: TradingView

At the time of writing this report, Wi’s Macd rose to 0.016, indicating a strong bullish momentum and a potential continuity of the gathering.

This rising indicator indicates that WIF spreads higher levels as buyers dominate the market.

If the accumulation continues, the distinctive symbol can turn one -dollar resistance to support and aim to $ 1.18.

However, if the profits are intensified, withdrawal may not be avoided about $ 0.84.