Bullish Breakout: WIF Starts New Rally Above 100-Day Moving Average, What Next?

Bullish Breakout: WIF Starts New Rally Above 100-Day Moving Average, What Next?
The recent upward movement has led the price of WIF to continue its rally above the 100-day Simple Moving Average (SMA). This movement comes after it fails to break below the $1.03 support level. With a current market capitalization of $3.9 billion and a 24-hour trading volume of over $1.5 billion, WIF has been dominating the meme world alongside other meme coins like PEPE and DOGE since the start of this recent move. As of the time of writing, the price of WIF was up by 21%, trading around $3.97 above the 100-day moving average in the last 24 hours. WIF On The 4-hour Chart From the 4-hour timeframe chart, it can observed that the price of WIF is actively trading above the 100-day moving average, suggesting that the WIF is on a bullish trend and could continue to move upward. Also, looking at the 4-hour MACD indicator, it can be observed that the MACD histograms are trending above the MACD zero line with good momentum. The MACD line and the MACD signal line are also seen moving above the MACD ..

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