Dogwifhat (WIF) is consistently rising on the crypto radar and is working consistently towards stabilizing its price and establishing its reputation as a leading meme coin. With the meme coin frenzy taking over the market, WIF is currently a topic of discussion among analysts, with one noteworthy expert calling its jump to $3.10 imminent.
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Dogwifhat: New Analysis Signals A Possible $3.10 Rebound
WIF is currently dubbed one of the few meme coins that have made significant progress in a short span of time. The token was launched in 2024 and soon captured the attention of investors, which catapulted it to new highs.
WIF is now on the verge of breaking out. The token forms a rising channel, a noticeable pattern that may help turn the tables around. Per Ali, a new price prediction for WIF has come up. The expert claims that WIF’s rebound to $3.10 is on the cards soon.
Ali took to X to share his prediction, adding that WIF’s price chart displays a rising wedge, a positive tell sign signaling its impending bullish hike. The expert later shared that if WIF manages to hold the lower boundary of $2.50, it could soon skyrocket to hit the $3.10 price level in no time.
“#Dogwifhat $WIF could be forming a rising wedge! If the lower boundary at $2.50 holds, we could see a rebound to $3.10!”
#Dogwifhat $WIF could be forming a rising wedge! If the lower boundary at $2.50 holds, we could see a rebound to $3.10! pic.twitter.com/xg3sy3tyfo
— Ali (@ali_charts) October 17, 2024
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The Token’s Technical Price Forecast: When $3?
Per the leading technical platform CoinCodex, WIF’s surging popularity may help the token ascend higher than the predicted $3 level.
According to CoinCodex, WIF may soon sit at a new price level of $9 if the market momentum continues to support its ascent.
“According to our current Dogwifhat price prediction. The price of Dogwifhat is predicted to rise by 232.99% and reach $8.56 by November 16, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 71 (greed). Dogwifhat recorded 17/30 (57%) green days with 16.74% price volatility over the last 30 days. Based on the Dogwifhat forecast, it’s now a good time to buy Dogwifhat.”
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