WIFUSD The frenzy is approaching a technical Resistance.Dogwifhat (WIFUSD) has been the revelation of the last 3 weeks as during that time it grew by more than +1000%. This rally is mostly euphoria driven and the frenzy may very well push even higher. But we can't neglect the technical Resistance levels along the way.
The strongest of them is the top (Higher Highs trend-line) of the Channel Up pattern since it first started trading. The 1D MACD formed a Bearish into Bullish Cross pattern and last time we saw this was on January 25 2024, when the price started pulling back. In that sense, a short-term correction back to the 1D MA50 (blue trend-line) and Support 1 (1.01500) is a realistic scenario if the market is to find new buyers.
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Wif
🔥 WIF: Newest Memecoin Reversal SignalWIF is one of the newer memecoins on the market and is placed in an illustrous list together with the likes of PEPE, DOGE, SHIB, FLOKI etc.
As of earlier today, WIF has successfully confirmed the reversal from the bottom support of the parallel channel. This, together with an oversold RSI (for the first time since it hit Binance!) has convinced investors of a pending reversal.
Stop under the most recent swing low, target at the top resistance. You can potentially turn this trade into a long-term one if the price breaks through the top resistance.
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$. It highly depends on will it be listed on binance and other major exchange or not.
Why would be good for exchanges to list WIF to their platform? VOLUME! Exactly, trade volume, they earn money by hjaving more and more people trading there. and if there is something which gained this much popularity, it is only patience what we need, because almost 100% that it will be listed.
Lastly, the problem here that there is no clear and valuable meaning behind this token, that is true. But please ask yourself, how much cryptocurrency literally have no meaningful existence by the term of technology nowadays, but we still trade it ? :) We trade what is tradeable where there is volume. Imagine dogecoin, shib, bonk, BITCOIN is also useless with its't technology nowadays, the only thing that keep its price up is it's prestige..
Let's talk, discuss what you think about this solana trashcoin haul and especially this cutie, the Dog Wif Hat . :)
Best of luck and don't forget, this is not a financial advise and i will never share any kind of such thing.
WIF About to hit 2.5 USD2.19 is holding super strong for the shortterm timeframe, for over 1 hour now WIF has tried to break 2.19 but everytime it comes down it jumps up again..
This is not even a TA ,i just saw this "bullflag" on shorter TF and think it will hit pretty good as soon as we break resistance at 2.3 USD wich we will do within 1-2 hour i believe..
Dogwifhat ($WIF) Hits All-Time high Dogwifhat ($WIF) has emerged as a standout performer, achieving an all-time high fueled by a remarkable surge of over 250% in the past week. This Solana-based memecoin, launched just three months ago, has captured the attention of investors and enthusiasts alike as it defies expectations and continues its meteoric rise.
A Memecoin Phenomenon:
Dogwifhat's ($WIF) journey from its humble beginnings, trading at $0.0045 upon launch, to its current valuation surpassing $1, epitomizes the volatile yet enticing nature of meme coins in the crypto market. The latest surge towards $1.13 signifies a newfound fervor surrounding the token, propelled by the ongoing bull market and heightened activity in the memecoin sector.
Market Dynamics and Whale Accumulation:
The recent rally in $WIF's price can be attributed to several factors, including the overall bullish sentiment in the crypto market, particularly within the memecoin segment. As the crypto market cap swells by 2.6%, with memecoin market growth reaching $37.8 billion, Dogwifhat stands out as a prime beneficiary of this surge.
Moreover, the listing of Dogwifhat ($WIF) on Robinhood has further catalyzed its momentum, resulting in a significant increase in trading volume. However, it's the whale movements that have truly accelerated WIF's price hike, with a Solana whale purchasing a staggering $1.34 million worth of WIF tokens shortly after the Robinhood listing.
Surpassing Milestones:
With a current market cap exceeding $1.1 billion, Dogwifhat ($WIF) has surpassed notable competitors like FLOKI and CorgiAi to claim its position as the fifth-largest meme coin in the market. This achievement underscores the growing prominence and potential of Dogwifhat ($WIF) within the crypto ecosystem, as it continues to captivate investors and solidify its presence.
Looking Ahead:
As Dogwifhat's ($WIF) ascent shows no signs of slowing down, investors and analysts alike are closely monitoring its trajectory. With its robust performance, strategic listings, and whale accumulation driving its growth, Dogwifhat ($WIF) is poised to carve out a prominent niche within the ever-expanding landscape of meme coins.
In conclusion, Dogwifhat's ($WIF) remarkable journey from obscurity to prominence serves as a testament to the dynamism and potential of meme coins in the crypto market. As it continues to ride the waves of success, Dogwifhat ($WIF) stands as a beacon of innovation and opportunity, reshaping the narrative of memetic assets in the digital age.
WIF NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
The resistance of the previous analysis was cleared and a flip zone was created for us.
Examining the waves, it looks like we have a diametric that has now ended wave C and entered wave D of this diametric.
Each wave of this diametric is between 19 and 12 days.
By maintaining the flip range, we expect a rise from WIF
WIF NEW UPDATE (4H)This analysis is an update of the analysis that you can see at the bottom of this page, in the related analysis section
The resistance of the previous analysis was cleared and a flip zone was created for us.
Examining the waves, it looks like we have a diametric that has now ended wave C and entered wave D of this diametric.
Each wave of this diametric is between 19 and 12 days.
By maintaining the flip range, we expect a rise from WIF
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
WIF Has formed a divergence at the support zone WIF Has formed a divergence at the support zone. Soon it should go up
🔵Entry Zone 0.2939 - 0.3064
🔴SL 0.2735
🟢TP1 0.3312
🟢TP2 0.3669
🟢TP3 0.4000
🟢TP4 0.4407
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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WIF (Y24.P1.E1). Good looking chartHi traders
We missed the bottom entry and what a miss it was.
We are close to the previous levels and it has much liquidity.
The timing might align with BTC 50,700 of a potential local top and hence we see a potential shorting position as well.
All the best,
S.SAri
WIF - New coin, is 1400% possible? Here is whyWIF is another meme coin with a doge with a hat logo. A lot of exchanges are starting to list this coin, so prepare for a massive pump, but I need to warn you. You need to take profit when the pump ends; otherwise, you may be stuck in a bad trade for a long time (years). But in the short term, this coin can return 15x your investment. From a technical perspective, we can see that the coin is near its all-time high, which is really bullish. I see a strong impulse wave as well, which adds to my bullish bias. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
The meme coin WIF turned out to be one of the biggest hits in the Solana ecosystem recently, alongside bonk (BONK)
According to the blockchain analytics platform Lookonchain, the whale calls themselves a “Binance insider” and “seems to want to tell everyone” that the token will be listed on the largest exchange by trading volume.
WIF wouldn’t be the first Solana meme coin supported by the company (assuming it really has intentions to embrace it). In December, Binance listed Bonk Inu (BONK), contributing to the token’s all-time high price rally and its brief market cap ascent above $2 billion.