CandleFocus

Dogwifhat (WIF) Poised for Another 12% Price Drop, Here’s Why

The Solana-based cryptocurrency Dogwifhat (WIF) is expected to undergo a potential 12% price correction in the near future. On-chain metrics such as the long/short ratio, OI-weighted funding rates, and future open interest are all indicating bearish signals. If WIF closes below $1.5, it could fall to $1.3. Despite the bearish sentiment, there is still interest from whales and investors, as two whales have recently acquired a significant amount of WIF tokens.

Related News