Dogwifhat (WIF) maintains $2.5 price level with increased trading volume of $490M while forming a bull flag pattern that suggests potential upward movement to $3.3
The crypto market witnessed a sudden pump during Sunday's low volatility as Bitcoin headed back to $70,000. Amid the renewed bullish sentiment for the Quater 4 rally, a crypto analyst highlights potential bottom formation in Dogwifhat price with key technical indicators, proposing a reversal opportunity.
WIF shows resilience, potential breakout, and strong futures interest despite recent struggles.
Today, Oct. 26, 2024, all crypto markets are in red, scared by yesterday's announcement about the alleged DoJ investigation against Tether. Meme coins perform even weaker than their competitors, but seasoned cryptocurrency commentator Miles Deutscher indicates some opportunities here.
If WIF's uptrend continues, short-sellers will become forced buyers and aid in a price recovery.
The crypto market is gradually embracing a bullish sentiment in Q4, with Bitcoin on the verge of a breakout toward $70,000. Amid this renewed momentum, selling these three altcoins now could be a missed opportunity for investors as they are poised for a prolonged rally in November.
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Popular Solana meme coin DogWifHat ($WIF) tumbled more than 11% in 24 hours amidst a market-wide sell-off, according to data posted in the early hours of the morning UTC.
The WIF price is already down over 16% from its October high of $2.92, trading at just $2.44 at press time. The meme coin is creating another red candle today on Tuesday and is down by 4% in the past 24 hours.
Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.
Despite the decline on weekly charts, market fundamentals suggest that WIF is merely undergoing a pullback.
Crypto analyst Murad Mahmudov argues that meme coins represent a new digital asset paradigm, driven by community belief rather than utility or technology. What Happened: During an interview on The Block Crunch podcast, Mahmudov referred to meme coins as “tokenized vessels of faith,” stating that they absorb societal discontent, especially among younger generations facing economic hardships.
Dogwifhat (WIF), the largest meme coin by market capitalization on Solana, registered notable recovery over the last 30 days. This rebound ensured that WIF's price climbed by 50% and almost retested $3.
Dogwifhat (WIF), a leading Solana-based meme coin, finds itself grappling to regain the critical $3 level despite experiencing a robust 78% rally over the past month. WIF hit a four-month high of $2.97 on October 16, after which the meme coin seems to have entered a consolidation phase.
Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.
Dogwifhat price staged an over 70% rally over the past month as memecoin traders reset their positions.
Book of Meme surged in the past 24 hours as meme coins led the crypto market rally on Oct. 18. Following Bitcoin's (BTC) impressive rise above $68k, meme coins have taken the spotlight. Dogecoin (DOGE) jumped 10%, reaching an 11-week high, while other dog-themed tokens like Brett, Bonk, and Popcat also saw significant gains.
Dogwifhat (WIF) has resumed its upward trajectory, with the price approaching the key $2.89 level as bulls take back control. After a period of consolidation, renewed buying pressure has fueled the meme coin's rise, signaling that momentum is once again favoring the bulls.
WIF shows bullish potential despite correction, supported by community growth and accumulation.
Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.
DOGE bulls capitalized on the "dip" in the previous cycle, delivering a surprising defeat to WIF.
The price of a meme-inspired cryptocurrency Dogwifhat ($WIF) could keepon rising in the near future after enduring a slight correction, with a key technical indicator now flashing a buy signal amid a wider cryptocurrency market recovery.
According to a technical indicator, Solana-based meme coin Dogwifhat is gearing up for an upside move. Top analyst Ali Martinez recently shared a bullish perspective for Dogwifhat on social media platform X, with the TD Sequential indicator indicating a buy signal.
After a notable rally of over 26%, the popular Solana-based meme coin, Dogwifhat (WIF), has undergone a price correction but is now poised for a massive upside rally. Additionally, the WIF daily chart supports this positive speculation.
It has come to light, thanks to an observation by prominent crypto analyst Ali Martinez, that popular meme cryptocurrency dogwifhat (WIF), based on Solana, could be forming a rising wedge pattern.
A widely followed analyst and trader is offering his outlook on Bitcoin (BTC) and two memecoins amid a bounce in crypto prices. The analyst pseudonymously known as Bluntz tells his 284,000 followers on the social media platform X that Bitcoin could experience a correction before trending higher.
DogWifHat (WIF) is testing a critical $2.5 support level as analysts observe bullish signals, potentially setting the stage for a rally if current momentum persists.
Top Solana meme coin Dogwifhat is facing the risk of a steep price correction, even as the Bitcoin price is attempting to push past the $68k resistance.
DogWifHat (WIF) is emerging as one of the top meme coins in the market, currently testing a critical liquidity level that could propel the price to new highs. As the broader crypto market navigates a period of volatility and uncertainty, traders eagerly search for confirmation of a potential rally.
WIF's correction is likely before a bounce, fueled by bullish sentiment and positive indicators.
A crypto strategist is warning meme tokens Pepe (PEPE) and dogwifhat (WIF) are now in prime spots to witness deep corrective moves. Pseudonymous trader Credible Crypto tells his 425,900 followers on the social media platform X that he's leaning bearish on PEPE.
With Bitcoin (BTC) potentially at the point of rejection, the rest of the cryptocurrencies could become a difficult hold, at least in the short to medium term. At the top of the risk curve, memecoins are even more perilous.
The cryptocurrency market continued its strong start to the week, with almost all major cryptocurrencies in positive territory. Bitcoin (BTC) is up over 2% in the past 24 hours and briefly climbed above $66,000 before dropping to its current level of $65,500.
Solana meme coins are rising in dominance, challenging those minted on Ethereum and even the first of them all, Dogecoin. While Dogecoin is the most valuable, it increasingly faces stiff competition from Pepe and Shiba Inu.
A widely followed crypto strategist and trader believes that steep rallies are in store for one Solana (SOL) challenger.
The overall cryptocurrency market sentiment appears to have shifted to an uptrend. Amid this, the popular Solana-based meme coin Dogwifhat (WIF) is poised for a significant upside rally as it is on the verge of a mega breakout.
The head macro strategist at Swissblock is predicting major moves for one Dogecoin (DOGE) rival ahead of a potential blow-off top for risk assets. Henrik Zeberg tells his 155,900 followers on the social media platform X that Solana (SOL)-based memecoin dogwifhat (WIF) may be on the verge of an explosive breakout beyond the $3.10 level.
dogwifhat could soar by over 30% to reach the $4 mark if it closes a daily candle above the $2.96 level.
Recent trading activity reveals that WIF is gaining bullish momentum, with its price surging toward the critical $2.89 resistance level. After a brief pullback, buyers are stepping in, driving the asset higher and setting the stage for a potential breakout.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
WIF may be poised for 20% gains with strong technicals, liquidity, and bullish sentiment.
The Solana-based dogwifhat (WIF) is an emerging memecoin that has gradually gathered investors' attention with high momentum rally and whale movement. This community-driven token features a Shiba Inu dog wearing a pink knitted hat.
WIF's decentralized user base minimizes coordinated selling pressure, but bearish forces remain a concern.
Bitcoin's price has shown resilience by staying just above the $62,000 mark, despite uncertainty in the market. Minor fluctuations have kept the price within a predictable range, while traders and investors await a potential breakout. The key resistance level remains at $65,000, a psychological threshold that could signal new upward momentum if breached.
Dogwifhat price prediction: WIP, a digital asset on the Solana blockchain, has recently seen a notable market value surge. Over the past 24 hours, the WIF price has experienced significant gains, drawing attention from market analysts who speculate about its potential to reach a new all-time high (ATH).
Cryptocurrency Prices Today, October 11: The broader market on Friday witnessed mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price continued trading along the $60K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices traded in the green territory.
Dogwifhat (WIF) has surged 42% over the past 30 days, but sustaining this momentum and reaching $3 again remains uncertain.