TronWeekly

Crypto World News

You are here: Home / Archives for WIF Price News

WIF Price News

Dogwifhat (WIF) Rockets 40% in One Week: Breakout Sets Stage for $1+ Targets

by

  • WIF jumped 40% over the past week, reaching $0.5363 as trading volume doubled to $430.7 million.
  • The token broke a long‑standing descending trendline and is now testing the 50‑period EMA at $0.506.
  • Analysts see the breakout as setting up a potential 2× move.

Dogwifhat (WIF) is capturing the spotlight in the cryptocurrency world, recording an impressive 40% price surge over the past week amid a broader altcoin rally. As meme coins gain renewed investor interest, WIF’s breakout performance underscores its growing appeal to traders seeking high-volatility, high-reward opportunities.

With its price climbing to $0.5363, coupled with a dramatic doubling of 24-hour trading volume to $430.7 million and a market capitalization of $535.8 million, WIF has firmly established itself among the top-performing tokens of the month.

WIF 7D graph coinmarketcap
Dogwifhat (WIF) Rockets 40% in One Week: Breakout Sets Stage for $1+ Targets 4

Dogwifhat Breakout Sets Stage for Potential 2x Move

From a technical analysis perspective, Dogwifhat has just cleared a long-standing descending trendline—an on-chart barrier that capped gains for weeks. Today’s near‑10% intraday rally validates that bullish momentum is building.

image 222

The immediate hurdle now is the 50-period exponential moving average, currently sitting near $0.506. A decisive close above this level could ignite a rapid advance and confirm a sustained shift from bearish structure to bullish dominance. If volume remains elevated and key resistance levels break, WIF eyeing upside zones at $0.80, $1.30, and potentially $1.97.

Moreover, chart experts at World Of Charts highlight that WIF’s successful breakout from the descending channel “looks primed for a 2× move,” setting the stage for a strong rally.

image 221 1

Several factors are contributing to Dogwifhat’s renewed momentum. First, the ongoing revival of the meme‑coin sector has driven capital into high‑beta assets as investors seek outsized returns. Second, WIF benefits from an active and engaged community, whose social media buzz and grassroots initiatives continue to fuel buying pressure.

Finally, the technical breakout itself often attracts momentum traders, creating a self‑reinforcing cycle of demand as more participants jump on board.

For those tracking the next big move in meme cryptocurrencies, Dogwifhat’s recent price action and technical strength make it a token to watch. As WIF navigates its immediate resistance levels, the coming days will be crucial in determining whether this meme coin can sustain its rally and reach its loftier price objectives.

Read More: Bitcoin Hits $94K as BTCBULL Token Nears $5M: New Crypto Bull Run?

WIF Set to Explode? Solana’s Surge Could Launch Memecoin to $1

by

  • Dogwifhat (WIF) gains nearly 14% in 24 hours, showing signs of a bullish breakout.
  • WIF is forming a bullish falling wedge, approaching a critical resistance zone.
  • A breakout could push WIF toward the $1 level as memecoin momentum builds.

Dogwifhat (WIF), a popular memecoin built on the Solana blockchain, is showing strong signs of a bullish breakout. Over the past 24 hours, WIF has gained nearly 14%, signaling renewed investor interest and building momentum in the memecoin sector. This surge comes as the overall cryptocurrency market enters a bullish phase, with Solana-based tokens leading the charge.

Currently, Dogwifhat (WIF) is trading at $0.4288, supported by a daily trading volume of $175.19 million and a market capitalization of $428.43 million. This upward movement positions WIF for a potential rally toward higher price levels in the near term.

WIF 1D graph coinmarketcap
WIF Set to Explode? Solana’s Surge Could Launch Memecoin to $1 8

Solana Strength Could Power WIF Rally

WIF’s price action is closely tied to the performance of Solana (SOL), which is currently testing a key resistance area around $125. SOL has shown a strong rebound and is now pressing against a critical confluence zone, the intersection of a major downtrend resistance and a horizontal price level.

image 119 7
WIF Set to Explode? Solana’s Surge Could Launch Memecoin to $1 9

A breakout above this region could trigger a broader recovery across the Solana ecosystem, giving WIF the momentum it needs to break higher.

Dogwifhat Targets $1 as Momentum Builds

Technical analysis shows that WIF is forming a bullish falling wedge pattern, a structure often associated with trend reversals. The memecoin is also approaching a significant resistance zone defined by a descending trendline and horizontal ceiling. A breakout above this dual resistance area could initiate a strong upward move.

Market momentum, technical indicators, and Solana’s strength all point toward a potential breakout for Dogwifhat. If WIF manages to clear the current resistance levels, the next target lies at $1, representing a major psychological and technical milestone for the memecoin.

image 119 8

As Solana regains strength and memecoins start to heat up again, Dogwifhat (WIF) is well-positioned to lead the next leg of memecoin mania. A confirmed breakout could open the door for explosive gains in the coming days.

Related Reading | Acting SEC Chair Calls For Urgent Temporary Crypto Regulations

Dogwifhat (WIF) Price Analysis: Analysts Eye $6.7 Target Amid Bullish Momentum

by

Dogwifhat (WIF) has witnessed an extraordinary surge in its market value, effortlessly breaching major resistance barriers. With the momentum building up, analysts are brimming with optimism, foreseeing a promising trajectory for WIF’s future price movements, with predictions pointing towards a substantial uptick in its valuation.

Over the past week alone, WIF has demonstrated an impressive surge, marking a staggering 28% increase, signaling further potential for price appreciation. Zooming out to assess its performance over a broader timeframe, WIF has been riding an upward trend, boasting a remarkable 40% surge over the past 30 days.

As of the time of reporting, the price of Dogwifhat stands firmly at $3.75. A robust 24-hour trading volume amounting to $2.34 billion contributes to a substantial market capitalization of $3.74 billion. Despite a slight dip of -0.91% in the past 24 hours, the overall sentiment remains bullish, indicating strong investor interest and confidence in WIF’s potential.

WIFUSDT 2024 05 29 18 56 09

Analyst Eyes $6.7 Target For WIF

Renowned crypto analyst Alex Clay has recently expressed his bullish stance on the price trajectory of WIF. According to Clay, the $WIF token has successfully breached the Key Zone situated around $3.3 after a meticulous accumulation phase spanning 43 days.

This breakthrough marks a pivotal moment for WIF, signaling potential market dynamics and investor sentiment shift. With the Key Zone conquered Clay anticipates a notable uptick in bullish momentum, with eyes set on a retest of the $4.4 Major Supply Zone. Should WIF manage to break out beyond this critical resistance level, Clay envisions a further ascent in its valuation, setting a bold target of $6.7.

image 39 2

Echoing a similar sentiment, another prominent analyst known as Crypto Scient has also weighed in on WIF’s price trajectory. In alignment with Clay’s analysis, Crypto Scient emphasizes the importance of the $3.5 mark (red line) as a crucial level of support.

Should $3.5 transition into a support level, Crypto Scient foresees WIF’s price ascending towards $3.85 and $4.2 in the near term. However, failure to maintain support above the red line may lead to a period of consolidation or even a downward trend.

image 39 4

Such valuations from the two analysts describe that the bull is the dominating force in the WIF market, and these critical support and resistance levels will have market participants eagerly watch them for potential trade entries.

Related Reading | Chainlink’s Bullish Rebound Signals Potential Price Surge; Analyst Eyes 150-300% Gain

Dogwifhat (WIF) Predicted to Dip to $1.60-$1.30 Before Potential 1200% Rally, Analyst Claims

by

Dogwifhat (WIF), a meme coin built on the Solana blockchain, has see­n flat growth lately. Over the past we­ek, WIF’s value went down by almost 4%. This slide­ happened when most crypto asse­ts were growing. Other popular meme coins like PEPE, DOGE, and Shiba Inu saw huge price jumps during that time.

Eve­n with WIF’s steady and slow progress, the coin is now ge­tting lots of notice from investors and expe­rts. This new interest come­s from an upbeat view of where­ WIF’s price could head next. More­ and more analysts discuss scenarios that could impact WIF’s future price­ changes.

At the­ time of this writing, Dogwifhat’s cost is $2.71. The coin has a $1.28 billion trading volume in the­ past 24 hours. Additionally, WIF has a market value of $2.71 billion, showing its prese­nce in the meme­ coin market. However, it’s important to note­ that WIF’s price has decrease­d by 3.61% in the last 24 hours.

WIFUSDT 2024 05 22 03 33 47

Dogwifhat Price Could Reach $16-$20 After Correction

Crypto analyst Scient has noted that Dogwifhat (WIF) is currently consolidating within a daily bull pe­nnant pattern. According to Scient, the coin has re­cently experie­nced a Higher High (HH) followed by a Lowe­r High (LH), which is considered a bullish sign suggesting that the­ consolidation phase may soon end. Howeve­r, depending on which side of the­ trend breaks, the subse­quent breakout could prese­nt a more straightforward trading opportunity compared to attempting to hit the­ market bottom.

image 30 24

Another analyst, Crypto Patel, has used the Elliott Wave Analysis to give a positive view on WIF’s price rally in addition to Scient’s analysis. According to the analyst, importantly, the fifth wave in WIF’s five-wave cycle is wrapping up at press time, followed by the coin’s entry into an A-B-C correction phase. The next move may be a huge rally that will see the price of the coin shooting massively up towards the $16-$20 range, which translates to at least 1200% upside from the current price levels.

image 30 25

During the correction phase, analysts e­xpect the price to dip to around 0.382 on the­ Fibonacci level, putting it betwe­en $1.60 and $1.30. The analyst also mentions a worst-case­ scenario where inve­stors should consider exiting if the price­ falls below the bull flag’s red line­, indicating a bearish trend.

Related Reading | ADA Surges Past 200MA: Analyst Predicts Bullish Momentum