Analysts say Bitcoin must reclaim $103,000 support level to continue rally.
The crypto market is back in the red as the fallout from Monday's collapse continues to impact traditional and risk assets. Bitcoin (BTC) has struggled to build momentum, nearly slipping below $100,000 as it dropped to a low of $100,265 before recovering and moving to its current level of $101,600.
The forced closure of $2M short positions triggered a surge in buying pressure that saw WIF make a strong rebound above $1.
Nine months ago, the team raised $700,000 and promised to put the Dogwifhat logo on the Sphere. The WIF community is still waiting.
TL;DR Dogwifhat (WIF) has risen 8.90% in the last 24 hours, standing out among other popular cryptocurrencies like Dogecoin and Shiba Inu. Despite a widespread market decline, WIF has seen a significant increase in its trading volume and investor interest.
Dogwifhat (WIF), a prominent player in the memecoin market on the Solana blockchain, has recently captured the attention of the crypto community with a significant surge in trading activity.
Dogwifhat (CRYPTO: WIF) is bouncing back from a prolonged downtrend, prompting traders to speculate whether the popular meme coin has finally found its bottom. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogwifhat (CRYPTO: WIF) $1.35 $1.3 billion +18% -6.4% Dogecoin (CRYPTO: DOGE) $0.3288 $48.6 billion -1.6% -10% Shiba Inu (CRYPTO: SHIB) $0.00001844 $10.9 billion -2.9% -10% Trader Notes: Pseudonymous trader TheFlowHorse sees WIF as a strong play for a potential bounce, while prominent analyst Kevin highlighted to his followers that WIF hit “peak fear” under one dollar.
In the last 24 hours, dogwifhat (WIF) has surged by a notable 16% in price as it begins another rebound journey toward the $2 mark. According to CoinMarketCap data, WIF climbed 16.34% up to $1.34.
DogWifHat (WIF) is gaining attention again, with new buys from influencers, as well as whale rollovers from TRUMP. The token rallied by over 30% to bounce from recent lows under $1.
dogwifhat (WIF) soared a massive 20% in a single four-hour candle earlier today as a whale wallet purchased 900K WIF tokens.
Despite increased liquidations in the crypto space, the Solana-based Dogwifhat memecoin has outperformed top altcoins with its impressive rally overnight. Notably, the WIF price today has successfully retested its crucial support level with a bullish recovery of over 13%.
With key support levels being tested and RSI nearing oversold territory, is this the moment for a turnaround for Dogwifhat?
The crypto market is either going to recover and head into the next stage of the bull run, or we are already entering the bear market. With the former thesis in mind, where are the discount levels to buy $DOGE, $PEPE, and $WIF?
While newcomer TRUMP steals the spotlight, WIF holds its ground in the memecoin arena.
WIF's price action could change for the better in the near term soon.
After a prolonged period of downside momentum, Dogwihat (WIF), a popular Solana-based meme coin, is poised for a massive upside movement. This positive outlook can be attributed to the formation of bullish price action and the rising interest from traders over the past 24 hours.
Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching its all-time high at one point as the Trump administration completed its first day in office. Markets were choppy but stabilized after the United States Securities and Exchange Commission unveiled plans to overhaul rules and regulations for the sector.
Dogwifhat [WIF] has been experiencing notable market fluctuations, with a recent sharp decline of nearly 19% over the past 24 hours. While this sudden drop was largely influenced by a wider market downturn, signs suggest that the altcoin may be positioning itself for a rebound, possibly aiming for a new all-time high (ATH) at $5.
WIF seems positioned for a major swing; however, market indicators are not entirely in alignment.
The 3-month liquidation heatmap highlighted the $2.25 zone as a strong magnetic zone and the next price target.
De bekende Solana meme coin, dogwifhat (WIF), is vandaag met zo'n 8% gestegen naar $1,85. Momenteel ligt hij onder een sterke resistance, maar als hij hier bovenuit weet te breken, kan de meme coin met nog eens 50% stijgen.
Dogwifhat's (WIF) price has surged over 8% in the last 24 hours despite being down 36% over the past 30 days. As the sixth-largest meme coin, it remains a significant player in the market.
Dogwifhat (WIF), a popular Solana-based meme coin, is showing signs of reversing its prolonged downtrend, which began in December 2024. After experiencing a drop of over 60%, WIF has formed a bullish price action pattern on its daily time frame and is poised for a massive upside rally.
Cryptocurrency prices rose on Wednesday as US CPI data buoyed markets, with Bitcoin surging to above $100k. XRP reached $3 for the first time since 2018. Ethereum also climbed to reach prices above $3,450. Meanwhile, Binance coin BNB, meme coin dogwifhat and proof-of-work coin Kaspa broke higher. While BTC has dipped to near $99.
Check out some of the potential factors fueling the resurgence in the meme coin niche.
Traders online are scrutinizing the fundraising project done to raise $650,000 to put the dogwifhat icon on the Las Vegas Sphere due to inactivity.
Market skepticism is growing as WIF faces challenges from bearish metrics and declining engagement.
Sentiment analysis showed predominantly bearish market participants since late November.
dogwifhat (WIF) price has experienced a sharp decline, falling roughly 15% in the last 24 hours and dropping below $1.60 for the first time in four months. This recent dip adds to a 47% loss over the past 30 days, reflecting significant bearish momentum in the market, with multiple of the biggest meme coins dropping more than 10% in the last 24 hours.
Dogwifhat price crashed below the key support at $2 this week, mirroring the performance of Bitcoin and other Solana meme coins. Dogwifhat (WIF), one of the largest meme coins on the Solana network, tumbled to a low of $1.
dogwifhat whale has purchased 7.25 million WIF tokens worth $13.34 million as WIF dips by 10.74%.
Support for the meme coin segment is now stronger than before with a mysterious crypto whale wallet proceeding to purchase the likes of WIF, POPCAT, and other meme coins in large numbers. Solana meme coins are gaining traction across the crypto sphere even though the price change in the last 24 hours remained bearish.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Solana meme tokens attracted more buyers in the past two weeks, showing both demand and conviction in the top cult tokens.
As Bitcoin (BTC), the largest cryptocurrency, is making another attempt to conquer the $100,000 level, dozens of altcoins are losing their value. Popular meme cryptocurrencies are on the list of the worst performers, yet some new cryptos in this sphere have entered the top 100.
Economist Henrik Zeberg has made a bold prediction for the Solana-based memecoin Dogwifhat (WIF), suggesting that it could see a massive price surge of up to 840%, potentially reaching as high as $19 from its current price of $2.02.
Economist Henrik Zeberg says that the Solana (SOL)-based memecoin dogwifhat (WIF) is mirroring Bitcoin's (BTC) setup from November. In a new post on the social media platform X to this 172,200 followers, Zeberg says WIF could leap to the $19 range.
Short traders of two of the market's top meme coins have been stunned by liquidation imbalance in the last 24 hours. Notably, PEPE, born on the Ethereum blockchain, and dogwifhat (WIF) on Solana have recorded differences in short trade positions.
Positive funding rates show that long traders are willing to pay a premium to maintain their positions.
While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.
One of the standout performers of 2024, WIF could have a really exciting 2025 ahead!
price decline it has experienced over the last few weeks. As of today, December 28, 2024, WIF has begun experiencing upward momentum, with the price surge standing out notably compared to other assets.
Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.
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The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.