dogwifhat (WIF) price prediction
(note: the post contains data by CryptoTicker)
Dogwifhat price has been on a remarkable run, surging by 11% over the past 24 hours, according to TradingView. This meme cryptocurrency has outperformed every other top 100 cryptocurrency, boasting a more than 60% increase from its recent lows. Despite being down 49% from its all-time high on March 31, WIF price is currently in a breakout phase, with analysts predicting further gains.
In the meme coin sector, WIF price stands out as the only coin with significant gains. Shiba Inu (SHIB) has dropped 7%, Dogecoin (DOGE) is down 2%, and Pepe (PEPE) is relatively flat with a 0.8% drop.
Starting the week on a positive note, WIF price rebounded from $1.5, gaining momentum to trade at $2.37. Key indicators such as the 50-day Exponential Moving Average (EMA) at $2.19 support the bullish trend, suggesting that buyers have the upper hand.
The Moving Average Convergence Divergence (MACD) has confirmed a buy signal, reinforcing the bullish outlook. This could encourage traders to increase buy orders, potentially pushing WIF past the $2.5 resistance level. To achieve a 2x rally and reach the previous all-time high of $4.85, bulls need to overcome seller congestion at the blue descending trend line.
With collected analysis, and the recent WIF price surge, it could break its resistance levels and surge higher to $3 or higher, maybe even reaching new highs, exceeding its highest ever.
#ETH_ETF_Approval_23July #BinanceHODLerBANANA #VanEck_SOL_ETFS #wifhatdog
