Dogecoin continues its miracle! Dogwifhat (WIF) surges 25%, next stop Mars?
I predict that dogwifhat (WIF) is approaching a strong support level and the price may start to recover from the $1.54 level. It eventually rebounded from the support level and recovered more than 25%.
Looking ahead, the price may continue to rise and we may see another 20-25% increase. However, there is a strong resistance level around $2.3. This price level is a strong support level that was broken on June 17. Now it has become a potential strong resistance level.
If the price cannot break through the resistance level, then we may see it return to the $1.54 level. However, if the price of the meme coin breaks through this resistance level, then WIF should enter the next consolidation area between $2.4 and $3.4.
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