Dogwifhat's (CRYPTO: WIF) underperformance has caught the attention of traders, who think better times are on the horizon for the canine-themed meme coin. What Happened: Despite falling prices, crypto trader asad sees the risk-to-reward ratio for a run to $10 for Dogwifhat as favorable.
WIF wild pump could cool-off but here are likely market re-entry levels for sidelined bulls.
Bitcoin (BTC) is down just over 1% in the past 24 hours, declining after briefly flirting with the $70,000 mark. The current week is crucial in dictating market dynamics, with the US elections and Fed meeting set to commence.
Dogwifhat (WIF), the popular Solana-based meme coin has turned bearish as Bitcoin (BTC), the world's largest cryptocurrency breached its crucial support level. Following this incident, the sentiment across the cryptocurrency landscape has significantly shifted towards a downtrend.
Dogwifhat's bearish price trend might end soon as a bull pattern appeared on its daily chart.
Dogwifhat (WIF) price has shown mixed signals, with gains of 22.43% over the last three months but a decline of 5.53% in the past week. The Ichimoku Cloud on the WIF chart indicates a period of indecision, with the price hovering near the cloud and reflecting a neutral market stance.
Dogwifhat (WIF) has emerged as one of this cycle's standout meme coins, and a major move might be imminent. WIF is trading just above $2.5, a key support level that top analyst and investor Ali Martinez believes could be a launchpad for a 17% surge to the $3 mark.
Dogwifhat (WIF) has grown from $0.0015 to $2.636 since November 2023, with various analysts providing mixed short and long-term price predictions while its success remains dependent on community support and broader market conditions.
Solana meme coins soar, led by Dogwifhat's 1300% rise, as Ethereum's Cutoshi emerges as a strong contender for market dominance. #sponsored
As Bitcoin hovers near its all-time high of $73k, crypto investors are witnessing a green run, especially in meme coins, including Dogwifhat (WIF).
With the Bitcoin price inching closer to a new all-time high above the $73,800 mark, the meme coins are expressing a massive uptrend at play. The dog-themed meme coins rank high among the top performers in this bull run.
WIF has garnered substantial interest from investors and is currently on an upward path, showing promising signs of a potential rally. The coin's recent price action highlights an attempt to solidify gains, with strong inflows suggesting rising investor interest.
With the current bullish trend, and the hype around meme coins, here are the top 5 meme coins to watch this week!
Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.
After surging 42% in the last 2 weeks, DOGE investors are ready to diversify into Dogecoin rivals. Following Elon Musk's bold promise to cut down public spending by $2 trillion through the Department of Government Efficiency (D.O.G.E), three dogecoin alternatives are positioned to seize the spotlight and potentially thrive.
WIF could be on the edge of a potential breakout, but does that mean
Dogwifhat (WIF), the popular Solana-based meme coin, is poised for an impressive rally as its price action flashes a potential upside rally in the coming days. This bullish outlook emerges on the WIF daily chart following a price correction of over 25%, in the past week.
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.
Dogwifhat (WIF), a popular meme coin on the Solana blockchain, has recently witnessed a notable surge in its market value. Over the past 24 hours, the WIF price has seen remarkable gains, attracting growing attention from investors.
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 $70,000. Amid this renewed momentum, selling these three altcoins now could be a missed opportunity for investors as they are poised for a prolonged rally in November.
Vantard launched on October 22nd and its Meme Index Fund lets you buy a portfolio of the best performing memes in one click.
Popular Solana meme coin DogWifHat ($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.