Dogwifhat Price Prediction: WIF Up 16%, But Experts Say New Solana Meme Coin Smogs Consider For 100X Gains.

adminMarch 3, 2024

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Dogwifhat price has surged 16% in the last 24 hours. Traded for $0.9769 As of 5:02 a.m. EST, trading volume was down 2% to $240 million.

Dogwifhat has surged 224% over the past week as meme coin mania returns. Overall, a space for meme tokens has been created. Over $7.5 billion Trading volume shows the size of investor interest.

WIF has been able to overturn market powerhouses such as FLOKI in terms of market value, evidence of its growing influence.

Dogwifhat price bullish, set to soar higher than bullish pennant

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

Dowifhat prices fell this week, defying investor expectations. The rally within the markup phase allowed the bulls to break through the psychological barrier of $0.5, reaching an all-time high (ATH) of $1.01 before slightly reverting to the current price.

WIF is currently trading across a 50-day and 200-day simple moving average (SMA), which indicates a growth trend and positive upward momentum.

Additionally, the Relative Strength Index (RSI) is currently at 73, maintaining movement in overbought territory. An RSI above 70 indicates strong buying pressure, confirmation of investor optimism, and positive momentum.

Dogwifhat price

Moreover, the moving average convergence divergence (MACD) further supports the bullish sentiment, with the moving average line (blue) trading above the signal line (orange), indicating a bullish crossover.

Green bars in the histogram extend above the zero line, indicating positive momentum.

Dogwifhat Price Prediction – Bulls Target $1.2.

Dogwifhat price short term analysis shows a bullish trend when the price breaks above the bullish pennant. Additionally, the 50-day SMA is crossing the 200-day SMA, forming a golden cross at $0.29. MACD bullish crossovers encourage investors to add to positions.

WIF bulls are taking advantage of these factors to push the price higher, targeting the next resistance level of $1.2 and aiming for a breakout of the resistance of $1. The current target is just a 20.34% decline, and if this level is reached, more buying may occur and push the price even higher.

However, RSI has already entered overbought territory, which could mean that a price correction could occur soon. In this case, the bears could control the price and push WIF back towards the $0.50 support area, in line with its 50-day SMA.

Meanwhile, as WIF prices soar, expectations for large-scale smog airdrop plans are rising, and investors are also investing in smog.

Buy SMOG: Your Next 100X Opportunity?

smoga newcomer to the Solana blockchain, aims to dominate the Solana-based meme coins BONK, MYRO, and WIF and uses the slogan “One meme coin to rule them all.”

one #memecoin To rule them all! 🚀
Get ready for the best moment #airdrop Distributed in History #Solana. 💰
join #smog From Jilly! 🔥
Profile link 🔗 pic.twitter.com/vsn4p5cSF4
— Smog (@SMOGToken) February 8, 2024

At the core of the plan is a commitment to the mother of all airdrops, which allocates 35% of the 1.4 billion token supply.

The easiest and most direct way to receive Smog airdrops is to purchase and hold Smog tokens. You can also accumulate points by participating in various tasks managed by Zealy. The platform already has over 10,000 airdrop members who have performed over 700,000 actions.

The buzz surrounding the token has grown exponentially, with over 30,000 holders, a cross-platform community of over 68,000, and a market capitalization of $54 million.

Smog has already risen 16% in the last 24 hours to $0.06945 as the hype continues.