Dogwifhat Memecoin Could Surge Significantly
Utilizing Elliott Wave Theory, Zeberg forecasts a notable upward movement for WIF. This theory posits that assets typically follow a five-wave pattern, where the third wave is the most substantial. He noted that WIF has completed its second wave and is now poised for a significant price increase.
Currently trading at $2.97, WIF has seen an 11.1% decline over the past 24 hours, with a market cap of $2.9 billion, positioning it as the 52nd largest cryptocurrency. Zeberg warns that the ongoing cryptocurrency bull market may be nearing its end, cautioning against reliance on prolonged bullish forecasts
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