GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

dogwifhat (WIF) Leads the Markets with 20% Upswing While Bulls Aim for Another 10% Rise

WIF Price Explodes! Dogwifhat Token Transforms $310 into $3.12 Million in 3 Months

The post dogwifhat (WIF) Leads the Markets with 20% Upswing While Bulls Aim for Another 10% Rise appeared first on Coinpedia Fintech News

The traders appear to have been fascinated with the growth of the memecoins as they continue to prosper regardless of the ongoing market trend. Once again, Pepe initiated a strong bullish trend that shook up the entire crypto space, specifically the memecoins. Since then, a majority of them have swelled, with significant gains inducing the dogwifhat (WIF) price and hence the trend is expected to remain elevated for some more time. 

After breaking above the decisive symmetrical triangle, the WIF price remained heavily elevated, gaining more than 30% and has reached close to $4, just 12% away from the highs. Considering the current market trend, it appears that the bulls may hold a tight grip over the rally, which may help the price test the current ATH very soon. 

The latest push has assisted the rally in testing one of the key resistance levels after surpassing the range in the past couple of days. The RSI is displaying some bearish divergence before reaching the upper threshold and hence a minor pullback could be possible before validating a breakout above the range. However, even after the breakout, the price is believed to remain consolidated along the resistance for a while. 

To certify a bullish breakout close to the current ATH around $4.65, the price is required to close the daily trade above the ascending trend line at around $4. The market sentiments continue to favour crypto as the volume remains under bullish influence. Therefore, the WIF price is expected to remain elevated in the next few days. By the end of the month, the dogwifhat price could initiate a fresh bullish push towards new highs above $5.

Latest Press

post-thumbnail
News
4 hours ago
Venezuela’s Bitcoin Mining Crisis: Government Actions and Potential Gas-Powered Solutions
Venezuelan Bitcoin miners halt operations as government disconnects power, citing strain on national...
READ MORE
post-thumbnail
News
4 hours ago
Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s Price?
The post Solana Faces Bearish Pressure Despite Bullish On-Chain Metrics: What’s Next for SOL’s P...
READ MORE
default post thumbnail
News
4 hours ago
DOGE To The Moon: This Dogecoin Metric Just Turned Bullish For The First Time Since 2020
Dogecoin (DOGE) is again in the spotlight as the foremost meme coin could be ready for takeoff. This...
READ MORE
default post thumbnail
News
4 hours ago
Lido (LDO) Poised For Explosive Surge To $17, Expert Forecasts ‘Massive Breakout’
Lido Finance, the liquid staking protocol for the Ethereum (ETH) network, has experienced significan...
READ MORE
default post thumbnail
News
4 hours ago
Curve Founder Faces Massive Blow As CRV Price Dives 40%, Multi-Million Dollar Liquidations
A sudden and dramatic crash in the value of Curve Finance’s native token, CRV, has resulted in sub...
READ MORE
default post thumbnail
News
4 hours ago
Analyst Predicts 35% Jump For Bitcoin In Next Step Of ‘Magic Bands’
Despite the price crash after rising to $69,000, the Bitcoin price remains in the game, with bulls c...
READ MORE
default post thumbnail
News
4 hours ago
Bitcoin Stuck: Here Are 2 Things That Must Happen For BTC To Break $72,000
At spot rates, Bitcoin is firm, but traders doubt the uptrend following the unexpected dump on June ...
READ MORE
default post thumbnail
News
4 hours ago
Memecoin Fight: DADDY Surpasses MOTHER Despite Insider Trading Activity Allegations
The celebrity memecoin mania has added a new player with the recently launched Daddy Tate (DADDY). T...
READ MORE
post-thumbnail
News
4 hours ago
These Altcoin Projects Have Raised the Most Capital in 2024
In 2024, several altcoin projects have secured substantial funding, showcasing growing investor conf...
READ MORE
default post thumbnail
News
4 hours ago
Paxos Reportedly Downsizes Workforce by 20%: Details
Stablecoin issuing company Paxos has laid off 20% of its workforce, decreasing its employee count by...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started