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Dogwifhat

WIF: Channel Up BreakoutTrade setup : Trends are mixed. Price had a bearish breakout from a Channel Up pattern, which could be followed by further weakness and downside risk to $2.00 support. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Down, Medium-term trend is Neutral and Long-term trend is Down. Momentum is Bearish but inflecting. MACD Line is still below MACD Signal Line but momentum may have bottomed since MACD Histogram bars are rising, which suggests that momentum could be nearing an upswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
Long
by altFINS
WIF: This one is CRUCIALThe price of WIFUSD is moving in a pennant on the daily chart. Due to the recent sell-of in the market, the price is now sitting at a major support. This moment is crucial for WIF! Bullish Case: A strong reaction from the buyers, forming a V-shape recovery with $3 as our next technical resistance A small retrace followed by push to the trend-resistance at $3.60 Bearish Case: WIF is breaking through the support within the next two days with $2.26 as the next short-term support A re-test of the trend resistance (previous support) followed by another drop to the key support level at $1.95 Is this a necessary cool-off period for meme coins? Share your thoughts in the comments and boost this idea if you agree with it. Cheers, Ares
by Anton_XBT
WIF: Channel UpTrade setup : Price is in an Uptrend, trading in a Channel Up pattern. Swing Traders can trade the channel: enter near channel support trendline and exit near channel resistance trendline. Near-term upside potential to $4.25. Pattern : Price is trading in a Channel Up pattern. With emerging patterns, traders who believe the price is likely to remain within its channel can initiate trades when the price fluctuates within its channel trendlines. With complete patterns (i.e. a breakout) - initiate a trade when the price breaks through the channel's trendlines, either on the upper or lower side. When this happens, the price can move rapidly in the direction of that breakout. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $2.00. Nearest Resistance Zone is $3.50, then $4.20.
Long
by altFINS
$WIF LONG - 2021 $DOGE vs 2024 $WIFCRYPTOCAP:WIF is the 2024 version of 2021 CRYPTOCAP:DOGE , except even better (wif a hat) similar chart structure strong advance up similar to CRYPTOCAP:DOGE , leading to ~3 month re-accumulation, targeting the same fib (14.618) which would be a 10x from here at ~ SGX:40B market cap ($42.069B market cap for the memes) would not fade the hat, this is the strongest meme coin on CRYPTOCAP:SOL , CRYPTOCAP:SOL is the strongest blockchain in the space, with all the mindshare currently. have been in this coin since december, at prices less than $0.10, and have added to my bags in this range. NFA GL HF. HAT. STAYS. ON. -@CryptoCurb
Long
by CryptoCurb
Dogwifhat ($WIF) Has Recorded 12% Gains for The 2nd Day in a RowDogwifhat ( CRYPTOCAP:WIF ) has recorded 12% gains for the second day in a row, with daily trading volume crossing $1.5 billion in the latest rally. The number of CRYPTOCAP:WIF holders increased by 6.7% in the past 30 days. If the price closes above the $4 mark, it could confirm a bullish breakout, potentially driving CRYPTOCAP:WIF to new highs above $5 by the end of the month. Dogwifhat's ( CRYPTOCAP:WIF ) market cap has soared past $4.0 billion, and daily trading volumes have surged by 30%. In the past seven days, CRYPTOCAP:WIF has demonstrated remarkable performance, being 15 times stronger than $ETH. Over the past 30 days, CRYPTOCAP:WIF saw a 6.7% increase in the number of token holders, indicating that investors are buying the dip. Additionally, the token experienced a positive net flow, with $162 billion in buying volume compared to $158.8 billion in selling volume. The Dogwifhat ( CRYPTOCAP:WIF ) price surged more than 30%, nearing the $4 mark, just 12% shy of its all-time high. Given the current market trend, it seems the bulls maintain a strong hold on the rally, potentially driving the price to test the current ATH soon. To confirm a bullish breakout near the current ATH of approximately $4.65, the price needs to close the daily trade above the ascending trend line around $4. Market sentiment continues to favor crypto, with volume remaining under bullish influence. The Dogwifhat price ( CRYPTOCAP:WIF ) is expected to stay elevated in the coming days, with a fresh bullish push towards new highs above $5 by the end of the month.
by DEXWireNews
WIF goes sleep on a 4-Hour TimeframeKey Support and Resistance Levels - Immediate Support : The immediate support level is around 2.9156, which aligns with the lower boundary of the upward channel. - Immediate Resistance : The immediate resistance is near 3.1687. - Major Resistance : The major resistance level is identified at 3.4438, which is the upper boundary of the upward channel. - Major Support : Below the immediate support, another significant support level is around 2.7784, with a further key level at 2.4577. Price Targets - Bullish Scenario : If the price continues to follow the upward channel: The first target is the resistance at 3.1687. If it breaks this level, the next target is 3.4438. Bearish Scenario : If the price fails to maintain the upward channel: The first downside target is 2.9156 (lower channel boundary). A further breakdown could lead to a test of the 2.7784 level. Further decline may find support at 2.4577.
Short
by Z4F4R
APEWIFHAT MAY BE CONSOLIDATING FOR A HUGE BREAKOUTHey Traders im getting straight to the point on this one. #ApeWifHat is currently consolidating in between a neutral channel. Support has been found and tested numerous times around 0.00000002275. A clash between multiple key levels from different time frames is highly possible. I highlighted a red circle in the area I think the breakout could happen. I predict within the next 4 days we will see that breakout. If it does happen, then I believe APEWIFHAT will find success and then follow suit of the other Meme & Crypto Coins. If BTC rises, then ETH rises, and then the strong Meme Projects really rise. This is one of the winners in my eyes. 10x easy, 100x in sight, 1000x possibility. Like, Share, & Comment if this helps you in any way apewifhat.net #meme #memecoins #solano #apewifhat
Long
by itsmoty
Dogwifhat Price Surges 10% Flips two Ethereum L2s on Market CapDogwifhat ( CRYPTOCAP:WIF ), a meme coin, has risen nearly 10% to become the largest gainer among the top nine Ethereum Layer 2 (L2) networks, Optimism and Arbitrum. The rise in Dogwifhat's price follows the recent surge of Pepe ( CRYPTOCAP:PEPE ) and Cat in a Dogs World ($MEW), as Solana-based meme coins lead the sector. Solana's fast and scalable blockchain technology has contributed to the success of meme coins built on the platform, such as CRYPTOCAP:WIF , $MEW, and Bonk Inu ( SEED_DONKEYDAN_MARKET_CAP:BONK ). With low transaction fees and high processing speeds, Solana provides an attractive environment for meme coin projects to operate efficiently and engage with a large audience. Optimism and Arbitrum are among the most famous L2 scaling solutions on Ethereum due to their reduced transaction costs, compatibility with Ethereum Virtual Machine (EVM) and existing Ethereum smart contracts, and prioritization of security and decentralization through mechanisms like optimistic rollups. Several prominent decentralized finance (DeFi) projects and decentralized applications (dApps) have integrated with Optimism and Arbitrum, highlighting their practical utility and effectiveness. Community backing has also helped raise awareness and adoption of Optimism and Arbitrum. However, the contention between Ethereum Layer 2 chains and Solana on matters of scalability continues. Transaction costs were significantly lowered by Ether's Dencun upgrade, and while the hard fork on the Ethereum mainnet has reduced fees for chains like Optimism and Base relative to Solana, critics argue that this may change with competition among Layer 2 chains.
Long
by DEXWireNews
DAILY DOUBLE BOTTOM FORMING?What's up traders and holders. I charted up #ApeWifHat on the daily timeframe to show you what I think could come by the end of this month. In Orange are daily Key Levels, Purple is a Key Zone, and Blue is the possible double pattern formation. Prediction: Price rises to Key Zone and battles it. From there it could beat resistance then rise to a daily key level @0.00000008225. If it fails to beat resistance, it could consolidate back and forth between the key zone and daily support. Ape Wit Hat has been bearish since the beginning, but I think that it has found its floor. I predict big bullish action in the coming days if BTC and SOL were to rise. It's currently at a $2.6 Mil market cap which is baby compared to other meme coins that has already hit and sustained a Billion Dollar market cap. This is an early opportunity for people who enjoy getting money. apewifhat.net #memecoins #apewifhat #solano
Long
by itsmoty
Short Term Price Action SentimentHey again! Earlier I posted about #APEWIFHAT on whether I believed it will rise or not. Im also posting these so that others can discover this hidden GEM before it takes off in the bull run. For reference, the trend line and support line are both from the 4HR Timeframe. The blue resistance level is from the 1HR Timeframe. I added direction bias for both sides of the action for this post. In the short term, I believe we will have retracement to the support zone and maybe a little bit of consolidation there. It could completely skip retracing to support, but I doubt it. So if it does, I will just BUY more. On the flip side it could ignore the support level like I said and then rise above the 1HR resistance level, have a slight pullback to make that same level support, then go on to test the 4HR Trend resistance. My Long Term Bias is SUPER BULLISH Whether it goes up or down, I will still be in it. Community is STRONG so I'm Holding. What's your thoughts on #apewifhat meme coin? apewifhat.net #memecoin #solano
Short
by itsmoty
1
I don't see anyone else posting about ApeWifhat so I will!For starters my overall sentiment is bullish. I am a holder, but I'm not biased. If it never rises, I will be fine. Now to my analysis... This is a fairly new project that launched in March. It's currently consolidating but it had a strong bullish uprise then found its first all time low. Its currently in a downtrend and has found a solid area of support as indicated on the chart. We are possibly going to retest it soon but if we don't, than we may be in for a moon ride. Ive indicated a simple trend and support from the 4hr timeframe, which I think is crucial for predicting this so early. I think everyone should grab them some of this memecoin before all of the big whales come along and takeover. Just like they did with the others. I will post more on Ape Wif Hat soon but for today I kept it short and sweet because I had to get the party started. *Ps The community is big, strong, and active just like an Ape. Amazing team and project here with no false utility agenda. These are RARE! #apewifhat #memecoin apewifhat.net
Long
by itsmoty
2
Dogwifhat (WIF) Futures Debut on Coinbase Fails to Ignite RallyThe eagerly anticipated listing of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase International Exchange and Coinbase Advanced stirred excitement among crypto enthusiasts, yet failed to catalyze a significant rally for the beloved dog-themed meme coin. Despite the fanfare surrounding its debut, CRYPTOCAP:WIF struggled to mirror the explosive surge witnessed by its counterparts, plummeting by 7.44%. Underwhelming Response Amidst Market Turbulence In contrast to the notable rally witnessed following PEPE's futures listing in April, the unveiling of WIF perpetual futures on Coinbase failed to garner the same fervent response from investors. While limit, market, and stop limit orders became available for the token's futures contract, enthusiasm waned as US customers found themselves unable to participate in the trading frenzy on Coinbase's platforms. Although CRYPTOCAP:WIF experienced a modest uptick of 0.9% post-listing, the absence of a substantial price surge indicated a broader hesitance among investors to leverage the futures debut as a bullish signal. This tepid response can be attributed, in part, to the prevailing downturn in the crypto market, where many assets, including meme coins, have faced stagnation amid fluctuating market conditions. Coinbase's Stance and Ongoing Support Despite the subdued market reaction, Coinbase continues to demonstrate its commitment to nurturing emerging cryptocurrency projects on its international platforms. With plans to introduce Aevo, Ethena, and Etherfi perpetual futures on May 2, Coinbase reaffirms its role as a catalyst for innovation within the crypto ecosystem. The platform's proactive approach towards supporting nascent projects underscores its dedication to fostering growth and diversity within the burgeoning crypto marketplace. Navigating Market Volatility and Future Prospects As meme coins navigate the complexities of market volatility and investor sentiment, the debut of CRYPTOCAP:WIF perpetual futures on Coinbase serves as a microcosm of the evolving landscape of meme coin investments. While some projects may experience meteoric rises, others may encounter more subdued receptions, reflecting the multifaceted nature of investor behavior and market dynamics. In the face of ongoing market fluctuations, the resilience and adaptability of meme coins will be tested, with projects seeking to differentiate themselves and capture the imagination of investors amidst a crowded digital landscape. As WIF and its contemporaries navigate the road ahead, their ability to innovate, capture market sentiment, and foster community engagement will ultimately shape their trajectory in the ever-evolving world of cryptocurrency. A Reflection of Market Realities The debut of Dogwifhat ( CRYPTOCAP:WIF ) perpetual futures on Coinbase represents a pivotal moment for the meme coin community, highlighting both the potential and challenges inherent in meme coin investments. While the futures listing failed to trigger a significant rally, it serves as a poignant reminder of the nuanced dynamics at play within the crypto market, where investor sentiment, market conditions, and platform support converge to shape the trajectory of emerging projects. As the crypto landscape continues to evolve, CRYPTOCAP:WIF and its peers stand poised to navigate the complexities of market volatility and emerge as resilient contenders in the ever-expanding world of cryptocurrency.
by DEXWireNews
Dogwifhat Bulls Charge Ahead: Eyes Set on New All-Time HighIn a dazzling display of resilience, the Solana-based meme coin Dogwifhat ( CRYPTOCAP:WIF ) has staged an impressive comeback, surging 15% in the last 24 hours and setting its sights on a new all-time high above $4.60. The resurgence comes on the heels of a correction in the first week of April, reigniting investor interest and propelling WIF into a bullish flag pattern. After experiencing a week of consolidation, recent media trends indicate a notable uptick in CRYPTOCAP:WIF 's social dominance, suggesting a potential turning point for the cryptocurrency. Santiment's Social Dominance metric, which tracks media traction surrounding specific projects, has doubled from 0.04% to 0.08% in the last 48 hours, signaling a renewed spotlight on Dogwifhat. The recent price movements of CRYPTOCAP:WIF reflect its rollercoaster journey in the crypto market. March witnessed an astounding 505% price rally for CRYPTOCAP:WIF , followed by a pullback of 33.9% in the first week of April. However, with the current surge, CRYPTOCAP:WIF appears poised to overcome immediate resistance at $4.60, potentially paving the way for a decisive breakout towards $6 and beyond. Since its inception in December 2023, Dogwifhat ( CRYPTOCAP:WIF ) has already delivered over 2,300% gains, capturing the attention of both investors and analysts. CoinCodex, a prominent on-chain metrics and price forecasting company, offers an optimistic outlook for WIF, projecting a trading range between $3.68 and a staggering $17 by 2025. This forecast not only underscores the bullish sentiment surrounding CRYPTOCAP:WIF but also highlights its potential for substantial growth in the coming years. A surge to $17 would represent a remarkable 325% increase from its current value, cementing Dogwifhat's position as a formidable contender in the ever-evolving crypto landscape. As WIF continues to ride the waves of market sentiment and media attention, investors brace themselves for what could be a historic ascent to new heights. Dogwifhat's ( CRYPTOCAP:WIF ) daily chart depicts a bullish flag pattern which adds to the bullish trend of $WIF. The 68 Relative Strength Index (RSI) also concurs with the thesis simultaneously.
Long
by DEXWireNews
1
Which Way Will It Swing?WIF , also known as Dogwifhat, is making waves as a new meme cryptocurrency. On the 1-hour chart, it's sitting just under a tough resistance point, which is the price level it needs to break to continue its climb. This resistance has been tested before, and the price hasn't been able to push through yet. On the indicator side, the Stochastic Oscillator is suggesting that WIF might be sold more than it should be right now, hinting that a price increase could be on the horizon if traders take this as a buying signal. However, there's a bit of caution from the MACD indicator. While it shows that the trend has been up, the decreasing histogram points to the momentum slowing down a bit. This tells us that the strong buying push that WIF experienced recently is starting to lose some power. It doesn't mean the price will definitely fall, but it's a sign that the rapid rise might take a breather. The RSI is sitting at a comfortable middle ground, neither indicating an overbought nor an oversold condition. This neutral stance suggests that the market isn't leaning heavily in one direction. What we're seeing is a balance between buying and selling pressures. Combining these indicators, the current scenario for WIF is a standoff between the potential for further growth and a possible need for the price to take a break and stabilize. Traders might be watching for a sustained increase in volume, which would support a push through the resistance level, or a fall in volume, which could see the price retract to stronger support levels where it has stopped falling before. In simpler terms, WIF is at a spot where its next move is not clearly defined by the indicators, and it could either break out and rise if there's enough buying interest or dip to find support if the sellers take over. Watching the volume and news for any developments that could sway market sentiment will be crucial for anyone trading WIF. Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
by MonoCoinSignal
WIF Is Going To Come Down Hard Be CarefulWIF is way overextended and overvalued. There is bearish divergence on many indicators on almost all higher timeframes. I think WIF comes down to tap the trendline at $1.40 and a small bounce then it falls swiftly into the wedge again. Where is goes from there I dont know but I will update the chart at that time. This is not finainclal advice this is just my opinion. LIKE, AND FOLLOW ME + THIS IDEA FOR CONSTANT UPDATES. THANK YOU
Short
by Bitgolder
13
Dogwifhat Meme NFT Sold for $4 Million to GCR Original Dogwifhat meme featuring Achi in a pink beanie got sold for 1,210 ETH ($4M) to trader GCR, igniting a short rally in CRYPTOCAP:WIF price. The original Dogwifhat meme, depicting Achi the dog wearng a pink beanie hat, has been sold for 1,210 Ether ( CRYPTOCAP:ETH ), equivalent to approximately $4 million. A trader named GiganticRebirth (GCR) got the acquisition, which led to a short term rally in the values of Dogwifhat ( CRYPTOCAP:WIF ), a meme coin built on the Solana blockchain. Dogwifhat Auction Sparks Widespread Interest The sale occurred on Foundation, a website dedicated to crypto art and auctions, where the original piece was listed for an opening price of 0.15 ETH. The auction was marked by a heated bidding war, mostly between GCR, bidding anonymously as “PleasrDAO” and Memeland, another major player in the crypto world. The Dogwifhat meme, deriving its charm from the image of Achi, captured global attention upon its debut, quickly evolving into a symbol celebrated across the internet. The subsequent auction and participation of GCR greatly increased WIF’s appeal. The participation of GCR in the acquisition has an integral effect on the market performance of $WIF. Known for their insightful market analysis and successful predictions, GCR has amassed a substantial following within the crypto community. Following the acquisition by GCR, the CRYPTOCAP:WIF coin witnessed a 17% surge in its price within just an hour followed by a sharp decline of 10.9%. Apparently, analysts have attributed this surge to GCR’s purchase and a recent post by Elon Musk on X, featuring images of dogs in hats, which further fueled the enthusiasm around Dogwifhat. WIF’s market capitalization and 24-hour trading volume surged by 15.87% and 49.99% respectively to $2,805,344,838 and $1,102,407,126, respectively.
Long
by DEXWireNews
Arthur Hayes Predicts Dogwifhat (WIF) To Hit $10The price of CRYPTOCAP:WIF , the meme coin associated with the Dogwifhat community, has skyrocketed by an astounding 80%. This surge comes on the heels of the completion of community funding efforts aimed at a grandiose plan involving the iconic Las Vegas Sphere. BitMEX co-founder Arthur Hayes has added fuel to the fire by predicting a further surge in WIF's price, foreseeing it reaching $10. Such bold forecasts have ignited discussions and speculation within the crypto community, further propelling interest in WIF. The surge in CRYPTOCAP:WIF 's price, which has exceeded $3 for the first time, is particularly noteworthy amidst a broader trend of meme coins struggling to maintain their momentum. However, CRYPTOCAP:WIF has managed to defy the odds, securing its position as the fourth-largest meme coin by market capitalization. The ambitious plans of the Dogwifhat community to leave their mark on the Las Vegas skyline have captured the attention of investors and enthusiasts alike. With the completion of community funding, efforts are underway to secure ad space on the exterior dome of the Las Vegas Sphere—a digital marvel renowned for its immersive entertainment experiences. The fundraising, which initially aimed to raise $650,000, saw donations exclusively accepted in USD Coin (USDC). Recent reports indicate that the target has been met, paving the way for the Shiba Inu mascot, emblematic of the Dogwifhat community, to be prominently displayed on the Las Vegas Sphere. This ambitious endeavor not only showcases the passion and dedication of the Dogwifhat community but also underscores the growing influence and potential of meme coins within the broader crypto landscape. As meme coins continue to capture the imagination of investors, WIF stands out as a symbol of innovation and community-driven initiatives. Moreover, the surge in CRYPTOCAP:WIF 's price reflects a renewed confidence in meme coins, particularly those within the Solana network. With Solana experiencing a significant uptick in price and investor interest, meme coins built on its platform, like WIF, are positioned to capitalize on the positive sentiment surrounding the ecosystem.
Long
by DEXWireNews
DOGWIFHAT $WIF - Potential for a massive 10x move!Dear Traders, I was away for a while, this mainly due to holidays, but i have also started to investigate the haul around these trashtokens in the solana ecosystem. I was shocked and surprised that how much the history repeats itself. Do you guys remember the ERC-20 trash token months back in 2021 ? Yes, the similar happening nowadays. People are getting rich and more people poor by purchasing and trading these coins. But however there is a road here also which can be followed fairly safe. DOG WIF HAT! , this is what i am just showing to you guys. I don't want to give to much for the TA this time, morely want you to focus on the market and the power of communities here and there. Currently WIF are traded in 0,2$. Twitter page have more than 20k followerts in just a few weeks. Crypto.com already announced the listing of it. Others are waiting now, but there is a massive chance that this will be the newest memecoin whihc will gain massive popularity. It is still very early now to buy in. I am expecting the price will reach 1$ very fast, and then probably its peak will be at 2$. It highly depends on will it be listed on binance and other major exchange or not. Why would be good for exchanges to list WIF to their platform? VOLUME! Exactly, trade volume, they earn money by hjaving more and more people trading there. and if there is something which gained this much popularity, it is only patience what we need, because almost 100% that it will be listed. Lastly, the problem here that there is no clear and valuable meaning behind this token, that is true. But please ask yourself, how much cryptocurrency literally have no meaningful existence by the term of technology nowadays, but we still trade it ? :) We trade what is tradeable where there is volume. Imagine dogecoin, shib, bonk, BITCOIN is also useless with its't technology nowadays, the only thing that keep its price up is it's prestige.. Let's talk, discuss what you think about this solana trashcoin haul and especially this cutie, the Dog Wif Hat . :) Best of luck and don't forget, this is not a financial advise and i will never share any kind of such thing.
Long
by Arokthomasso
6