Dogwifhat Price Prediction: WIF Plunges 15% As This Multi-Chain Dogecoin Derivative Rockets Towards $1 Million.

adminApril 10, 2024

join us telegram A channel to stay up to date on breaking news coverage

Dogwifhat price has plummeted 15% in the last 24 hours. Deal for $3.49 As of 0:18 AM EST, trading volume was down 11% to $596 million.

WIF has seen impressive growth since its launch in December 2023 and recently surpassed Pepe (PEPE) to become the third-largest meme coin by market capitalization.

Dogwifhat price set for trend reversal for bullish pennant

Dogwifhat price chart analysis Source: Tradingview.com — WIFUSD Chart Analysis Source: Tradingview.com

Dogwifhat prices experienced a bull market in March, reaching an all-time high of $4.60, followed by a price correction period in early April.

A slight retracement brought WIF down to the $3.19 support level, which served as an immediate support level and allowed the bulls to push the price towards the upper limit of the bullish pennant.

Despite the price reverting to the current price of $3.49, WIF remains up 68% over the past 30 days.

Additionally, Dogwifhat is trading above its 200-day simple moving average (SMA), indicating that WIF is poised for further upside. If bulls maintain their bullish momentum, the price could eventually overcome the 50-day SMA threshold above $3.70.

The Relative Strength Index (RSI) on the 4-hour chart indicates that investors are selling as the RSI moves downward towards the oversold level, which is currently at 40, which is consistent with the current downtrend.

Dogwifhat price prediction

Dogwifhat price analysis on the 4-hour chart indicates that WIF is currently in a downtrend, but there are signs of a trend reversal as the price is still trading within the bullish pennant boundary.

A golden cross at $0.3 further supports the bullish potential of the price. Additionally, an RSI crossing oversold territory could indicate that a trend reversal to the uptrend may be occurring. WIF bulls could take advantage of these factors to push the price higher, targeting $5.5.

However, if the bears continue to apply more pressure, the price may fall through a retracement, which could push the bulls back towards $3.04, in line with the 200-day SMA.

Meanwhile, investors are buying $DOGEVERSE to capitalize on the buzz surrounding International Doge’s Day on April 20th. Red Hot Meme Coin is on track to raise $1 million in just two days on the market and has already completed the first phase of pre-sale.

Dogeverse Achieves Over $1 Million in Less Than Two Days

DOGEVERSE As the hype for all things DOGE heats up, a new cryptocurrency project aims to capitalize on the upcoming Doge Day on April 20th.

Dogeverse is distinct from other meme coins in that it is built on a multichain network consisting of Ethereum, BNB Chain, Polygon, Solana, Avalanche, and Base.

🌟 #Cosmo It’s the first face #memecoin Across 6 majors #blockchain! 🐾
start date #ETH, #BNB, #polygon, #brush, #avalanche and #Base, $DOGEVERSE provides easy multichain access with minimal gas costs. 🚀
Cosmo is on the rise #viceroy Take your culture to a whole new multichain level! 🔗 pic.twitter.com/YjXvNhcOsl
— DogeVerse (@The_DogeVerse) April 9, 2024

The face of the project is Cosmo the Doge, a chain-hopping dog born from a collapsing supernova. This will allow the dog to leapfrog itself among the stars of the cryptocurrency world, propelling its multichain utility.

Buy and stake $DOGEVERSE to receive 1,493% annual rewards.

You can earn passive income through the platform’s staking option. Stake $DOGEVERSE It achieved an impressive Annual Percentage Yield (APY) of 1,493%.

With Dogeverse selling so quickly, ClayBro, a cryptocurrency analyst and YouTuber with over 125,000 subscribers, said he had already purchased tokens, adding, “It will sell out so quickly.”

You can participate in the pre-sale by purchasing $DOGEVERSE at a discounted price of $0.000291 per token. Another price increase is scheduled for within 4 days and the second tier cap is likely to be reached before then, so buy quickly if you’re interested.

Participation, You can purchase $DOGEVERSE on the official website here. Use ETH, USDT or bank card.