🔥 🔥 🔥Memecoin Dogwifhat (WIF) is up 20% on Binance. Will it continue to rise?
#dogwifhat (WIF) managed to show an increase of more than 25 percent on the Binance exchange.
A trader named JB_CHILLEN_10 stated that the trading volume of WIF's Binance Perpetual swaps reached $ 266 million in the last 24 hours and that there is a serious interest in the token.
Technical charts show that in addition to the increased volume, WIF is likely to experience further increases. As another trader Mr_pumpkin pointed out in X, the 50 and 100 EMA levels have been reversed on the 4-hour chart.
Exceeding these critical EMA levels means that the price may go even higher. However, trader Mr_pumpkin warns users:
“Considering how quickly the price is rising on Memecoins, you may never find a good point to log in.”
