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The Dogwifsaudihat Price has surged 42% in the past 24 hours to trade at $0.001465 as of 7:30 a.m. EST on a 309% surge in trading volume to $6.9 million.
The Dogwifsaudihat Price Signals A Rebound On A Support Zone
The WIFSA price has dropped from its peak of $0.002939 to a support level of $0.001429, where it’s currently trading. As the price consolidates around this level, the bears have created a pattern resembling a bullish pennant. This pennant suggests that the bullish trend might continue.
WIFSAUSDT Analysis. Source:Tradingview.com
However, the Dogwifsaudihat price could see an upward trend within the pennant as it shows signs of bouncing back. Currently, the price is below the 50 simple moving average (SMA), and the bulls are attempting to initiate a rally past the 50 SMA.
The relative strength index (RSI) is on an uptrend towards the midline level of 50 after bouncing back from the oversold level of 30. If momentum keeps building up, the RSI could reach the overbought level, suggesting strong buying pressure.
The Dogwifsaudihat Price: Bullish Targets To Reclaim Its ATH
The bullish pennant allows the bulls to initiate a bull rally. The price gearing up on the lower trendline of the pennant offers bulls an opportunity to fly the price to reclaim its all-time high at $0.002939.
On the flip side, if the support zone weakens, the bears may take control, forcing the price to decline to $0.001181.
Is This Alternative The Best 100X Meme Coin To Buy Today?
While WIFSA bulls gear up for a potential trend reversal, investors are shifting their focus to a new Solana meme coin sensation called Slothana after its presale rocketed past $10 million in funds raised in less than two weeks.
Slothana (SLOTH) is following in the footsteps of meme coins like SLERF, PUMP, PUNDU, and BOME, which introduced a creative new launch method on Solana.
It’s simple: Buyers send SOL to a specific token address, and the team airdrops the tokens directly into their wallets at the end of the presale.
🌿💰 Prepare for the rise of Slothana! With our coffers overflowing, it's time to embark on a Sloth crusade to establish a global empire. Slothana's reign is imminent. ⚔️ Anyone who stands in its way will face the wrath of the holy Slothana army! 🚀🦥 #SlothanaEmpire… pic.twitter.com/TyFjlJTL8q
— Slothana (@SlothanaCoin) April 11, 2024
You can also swap SOL for SLOTH on the official website using a widget here. Just enter the amount of SOL you’d like to exchange, click ‘buy now,’ choose your wallet, and finalize the transaction.
With crypto influencers predicting a potential 100X surge for Slothana after its launch, there’s a lot of buzz surrounding its potential.
If you’re considering getting in on the action, now might be the perfect time as the token offers one last chance to buy during the next less than 12 days. Remember though that presales like this often end early.
You can buy SLOTH tokens on the official website here. For every 1 SOL sent, you’ll receive 10,000 SLOTH tokens.
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