Blockchain

Dogwifhat Price Prediction: WIF Rises 5% as Traders Send $6.8 Million to New Solana Meme Coin Slotthana

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Dogwifhat price has surged 5% in the last 24 hours. Traded for $4.08 As of 0:24 AM ET, trading volume was up 4% to $883 million.

This is because WIF maintains its position among the top 30 cryptocurrencies with a market capitalization of over $4.12 billion.

Dogwifhat price is set to regain ATH.

Dogwifhat price 30-minute chart analysis Source: Tradingview.comDogwifhat price 30-minute chart analysis Source: Tradingview.com
WIFUSD 30-minute chart analysis Source: Tradingview.com

Dogwifhat prices showed an upward trend in the last week of March, with WIF soaring to an all-time high of $4.83 on March 31. However, the bears appear to have taken over the price as WIF is still down 14%. It forms a wedge pattern falling from ATH.

WIF bulls showed their dominance by pushing the price higher, using the $3.56 support level as a cushion.

Moreover, Dogwifhat price is trading above its 50-day simple moving average (SMA), confirming its bullish momentum. If the bulls continue to apply pressure, WIF is poised to break the 200-day SMA barrier.

The Relative Strength Index (RSI) on the 30-minute chart is also rising from the oversold level of 30 to the overbought area (currently 58). A rising RSI is evidence of investor optimism building as investors exert more buying pressure.

Dogwifhat price prediction

Dogwifhat price analysis on the 30-minute chart indicates that WIF bulls are preparing for a bullish trend reversal against the descending wedge pattern. RSI also suggests that investors are continuing to buy WIF, which could push the price higher to a new ATH of $4.88.

However, the 50-day SMA is trading below the 200-day SMA, forming a dead cross at $4.26. The dead cross shows that WIF may fall in a bearish trend over the next few days before rebounding.

In such a scenario, bears could take control of the price and bring it down to the critical support level of $3.6. However, if bears violate this level, WIF could invalidate the generally bullish outlook.

While WIF bulls prepare for a price surge, Slotthana is emerging as the new Solana meme coin with presales surpassing $6.8 million.

Slotthana: A promising alternative to WIF

The sloth-themed meme coin $SLERF has become a sensation, but it has a new kid on the block in the form of the office sloth. Slotana (SLOTH).

SLOTH is the primary token supporting the Slotthana ecosystem, which is currently riding a dynamic landscape of Solana-based meme coins.

Slotthana joins other meme coins, including $SLERF, $BOME, $PUMP, and $PUNDU, in creating a new launch method on Solana. The launch method does not require price tiers, timers, or hard caps. All the buyer does is send SOL to the token address and then the team airdrops the tokens to their wallet.

You can also use widgets. official website Specify the amount of $SOL you wish to exchange for $SLOTH. Click the ‘Buy Now’ button, select your wallet and complete the transaction.

Traders Sending Over $6.8 Million SOL To Slotthana For 100x Profits?

Slotthana continues to make incredible strides in the cryptocurrency community, earning over $6.8 million in just over a week.

According to 99Bitcoins, a popular cryptocurrency channel on YouTube, $SLOTH could generate 100x profits upon launch.

The team hasn’t specified any pricing tiers or timers, so there’s uncertainty about when the pre-sale may end. This means that now is the best time to buy before the tokens sell out.

To participate, purchase or send $SOL. here. For every 1 SOL sent to that address, you will receive 10,000 $SLOTH.

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