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dogwifhat (WIFUSD) Price Forecast: June 26
WIFUSD price action is rising against the downward forces despite the bears’ pressure. However, the pair is trading firmly above the $0.860 price mark as it continues to remain largely above this level. If the bullish momentum continues, the coin price may increase to retest the prior resistance level at $1.184. Hence, the $1.201 upper resistance value might be a target.
Key Levels:
Resistance Levels: $0.879, $0.880, $0.881
Support Levels: $0.0648, $0.647, $0.646
WIF (USD) Long-term Trend: Bullish (4H Chart)
The WIFUSD pair is rising against downward forces in its higher time frame. It could be seen that the price action is advancing towards the upper resistance channel above the moving average, indicating an uptrend.
As the 4-hourly chart starts today, the bulls’ activity to a resistance level of $0.879 above the EMA-50 indicates that the price action of dogwifhat is rising against the bearish forces and may continue to do so.
Traders are responding to this pattern, and its breakout should offer a good entry opportunity.
Notably, there are more bullish runs to come as the market points upward on the daily stochastic, suggesting that the price of WIFUSD will rise further and may hit the $1.184 value in the long-term outlook.
WIF (USD) Medium-term Trend: Bullish (1HChart)
The dogwifhat market price is skyrocketing against the downward forces in its medium-term outlook. The prices are above the moving average line, confirming its bullish trend.
The bulls could not relent anyway, so, after dropping to a $0.0855 low level shortly after today’s 1-hourly session opening, the price of WIFUSD jumped to a $0.879 high level, resulting in an intraday gain for buyers.
Additionally, the coin price is in an uptrend on the daily signal, if buyers intensify their efforts, the token price might increase above the current level and extend to a $1.184 high mark in the medium term.
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