Connect with us

Bitcoin

Dogwifhat Price Prediction: WIF Crypto Plunges 13% As This Solana Rival Blasts Past $15M With Less Than Four Days Left To Buy

Published

on

Meme coins
Google News Recentlyheard

Google News Recentlyheard

Be a part of Our Telegram channel to remain updated on breaking information protection

The Dogwifhat worth has dipped 13% previously 24 hours to commerce for $2.9369 as of 07:33 a.m. EST.

It follows the broader pattern out there, as altcoins observe the Bitcoin (BTC) worth decrease. Whereas most altcoins are dumping, the sentiment is worse amongst meme cash, with some dropping by double-digits.

Meme coins

In keeping with one analyst, @CredibleCrypto on X, the dump within the Dogwifhat worth is attributed to interaction between WIF’s buying and selling quantity and open curiosity. The analyst says that the outlook of those metrics hints at a doable crash coming, if historical past repeats or rhymes. @CredibleCrypto’s goal goal is a fall of almost 50% to $1.50.

Dogwifhat Value Prediction

Dogwifhat worth is buying and selling inside an ascending parallel channel after breaking above a descending trendline. The outlook is bullish, however this potential is threatened because the WIF bulls aren’t exhibiting up. The Relative Energy Index (RSI), which seems subdued because it winds alongside the ‘50’ imply stage reveals this.

The identical is proven by the Shifting Common Convergence Divergence (MACD), which is intently knit with its sign line, each in unfavourable territory.  Additionally, the Superior Oscillator (AO) reveals the identical bearish outlook, recording a purple histogram bar within the unfavourable territory. The three indicators recommend a strengthening bearish cycle.

Until Bitcoin (BTC) worth reveals energy, the Dogwifhat worth may drop beneath the 50% Fibonacci placeholder. Dropping this stage may ship the WIF worth to the 61.8% Fibonacci placeholder of $2.4745. A decisive candlestick shut beneath this stage on the day by day timeframe would invalidate the prevailing bullish thesis. Such a transfer would encourage extra promote orders, sending the altcoin to the 78.6% Fibonacci retracement stage of $1.8260.

Dogwifhat priceDogwifhat price

TradingView: WIF/USDT 1-day chart

Then again, if the 50% Fibonacci placeholder holds as assist at $2.9300 and the bulls present energy, the Dogwifhat worth may push north. Whereas a break and shut above the 38.6% Fibonacci retracement stage of $3.3855 can be supreme, affirmation of the uptrend would solely occur as soon as the Dogwifhat worth data a candlestick shut above the 23.6% Fibonacci retracement stage of $3.9490.

In the meantime, SLOTH, which is a peer of WIF crypto token on the Solana chain, has blasted previous the $15 million mark in presale gross sales with solely just a little over three days left to purchase.

Promising Different To Dogwifhat

SLOTH, the ticker for the Slothana ecosystem, is among the many hottest tokens on the Solana community proper now. It incorporates a 420-friendly sloth with large ambitions.

Buyers are hoping to seize the identical success from the Slothana ICO as others did with related Solana meme tokens like SLERF, WIF, and BONK.

Meme cash, significantly these operating on the Solana blockchain, are the most recent sensation within the crypto enviornment. That is after the current present of energy by the Solana worth, attributed partially to its robust group and tradition.

SLOTH Change Listings

The attract of the Slothana undertaking is its laid-back character, dwelling and lounging on the blockchain. As talked about, its inspiration sprouts from the successes of established Solana meme cash like BOME and SLERF that went earlier than it.

Slothana goals to copy their spectacular development and is already planning listings on each decentralized (DEX) and centralized (CEX) platforms.

With markets anticipating an altcoin season after a profitable halving, early investments in initiatives like Slothana could also be primed to blow up.

To participate within the SLOTH presale, go to and purchase Slothana right here. One SOL buys 10,000 $SLOTH, which implies every token has an approximate worth of $0.014361 on the time of writing

Additionally Learn:

Smog (SMOG) – Meme Coin With Rewards

Smog tokenSmog token
  • Airdrop Season One Stay Now
  • Earn XP To Qualify For A Share Of $1 Million
  • Featured On Cointelegraph
  • Staking Rewards – 42% APY
  • 10% OTC Low cost – smogtoken.com

Smog tokenSmog token


Be a part of Our Telegram channel to remain updated on breaking information protection

Advertisement

Advertisement

Advertisement

Trending