NewsletterDogwifhat Trading Goes Live On Coinbase, WIF Price Rally Inbound
Highlights
- Coinbase introduces full-trading access to WIF-PERP market, signaling a new opportunity for investors.
- Trader identifies technical breakout pattern in WIF, leading to a 51% rally in April.
- Technical analysis suggests a potential 35% rally with recent price surge and increased trading volume.
Coinbase announces the full-trading launch of the WIF-PERP market, bringing excitement to the crypto community as price surge is anticipated. With various order types available, investors are poised for potential gains as the market enters post-only mode.
WIF-PERP Market Launch on Coinbase
In a significant development for the cryptocurrency community, Coinbase has rolled out the WIF-PERP market, offering investors a fresh avenue for potential profits. This announcement has sparked enthusiasm among traders, who now have access to a variety of order types, including limit, market, stop, and stop limit orders.
With Coinbase International Exchange and Coinbase Advanced facilitating full-trading access, traders are eagerly anticipating the opportunities this market will bring. As the market transitions into post-only mode initially, traders have the opportunity to post and cancel limit orders without immediate matches for a minimum of one minute, providing a window for strategic decision-making.
The launch of the WIF-PERP market on Coinbase marks a significant milestone in the platform’s offerings. By providing full-trading access, Coinbase International Exchange and Coinbase Advanced have expanded the range of assets available for trading.
Also Read: “Buy Bitcoin” Sign Displayed Behind Janet Yellen Sold For $1M At Auction
WIF Price Rally Amidst Technical Breakout
Amidst the launch of the WIF-PERP market, trader Bluntz Capital has identified a compelling technical breakout pattern in dogwifhat (WIF), generating excitement within the crypto community. This discovery has led to a surge in investor interest, with WIF experiencing a remarkable rally of over 51% in April alone. This surge in price has fueled bullish sentiment among traders, who are now eyeing potential opportunities for further gains.
Technical analysis suggests that WIF could rally by an additional 35% from current levels, with an entry point identified at $3.2 and a target price of $4.2. Recent price movements have seen a 25% surge in the past 24 hours, accompanied by a notable increase in trading volume, indicating growing trader confidence and participation in the market.
Also Read: Bitcoin Ordinals Founder Says Antpool Proxies Infested Decentralized BTC Mining
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