Dogwifhat Price Prediction: WIF Surges to New ATH to Overtake PEPE, But Traders Shift Focus to This Other SOL Meme Coin and Its Next Quote | Trending Viral hub

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The price of Dogwifhat arose more than 19% in the last 24 hours to trade at $3.69 at 2:30 am EST, as investors bet big on the Solana meme coin.

WIF was also able to set a new all-time high of $4.01 in the last 24 hours and surpassed Pepe in terms of market capitalization. Dogwifhat is currently the third largest meme coin by capitalization.

Dog with that price

The largest meme coins by market capitalization (Source: CoinMarketCap)

Dogwifhat Price Breaks Major ResistanceBINANCE: Image of the WIFUSDT chart by StevenWalgenbach

4-hour chart for WIF/USDT (Source: TradingView)

Dogwifhat price formed a positive price channel after it printed a series of higher highs and higher lows. This bullish momentum allowed the meme coin to not only break through the $2.7730 barrier, but also surpass the $3.4157 resistance level.

Traders have started taking profits as WIF trades at the upper boundary of the ascending price channel. If sellers continue to put pressure on the cryptocurrency, it may risk retesting the recently surpassed $3.4157 mark. This is a key level to watch because it is near the lower boundary of the aforementioned bullish channel. Therefore, a break below this point could indicate a bearish reversal in the WIF trend.

WIF could then look for support at the next key level of $2.7730. Continued selling pressure should the meme coin reach this point could see Dogwifhat price fall as low as $2.0661 in the near term.

On the other hand, a sustained position above the $3.4157 level could invalidate the bearish thesis. In this alternative scenario, the altcoin can continue its positive streak to reach new heights.

Technicians Suggest Dogwifhat Price Could Retrace

Technical indicators on the WIF 4-hour chart suggest that the cryptocurrency’s bullish momentum is cooling. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) warn of an imminent correction.

A major bearish technical signal is also about to be triggered by the RSI on the 4-hour chart, as the RSI is busy collapsing towards its simple moving average (SMA) line. The fall of the former below the latter is generally considered a sign that sellers have gained an advantage over buyers. As such, it may be easier for bears to lower the price of Dogwifhat over the next 24 hours than for bulls to raise it over the same period.

Since the MACD line is also approaching the MACD signal line, it appears that the WIF uptrend has peaked and is losing strength. A crossover between these two lines in the next 24 hours could indicate that the meme coin has entered a short-term bearish cycle.

As WIF tries to continue rising, investors turn to Smog (SMOG) as the team previews an upcoming stock market listing.

Potential will increase 10-fold shortly after going public

Smog piqued the interest of the crypto community with the “biggest airdrop of all time.” By completing a variety of missions listed in the project’s Zealy campaign, investors can accumulate XP. Each investor’s XP will be used to determine how much of the $1 million airdrop they will receive. More than 6 million missions have already been completed, as investors rush to get their share of this new Solana meme coin pie. Although the first season is scheduled to end in five days, investors can still participate in the campaign to build their XP.

As the second season begins, the Smog team announced that the meme coin will appear in its first major exchange “very soon!” Speculation over which exchange could welcome the token to its platform continues to grow, especially after Solana’s meme coins Book of Meme (BOME) and WIF gained listings on Binance, causing their prices to skyrocket.

Even if the next listing is not on Binance, Smog’s price is likely to rise due to the fact that listing on any exchange increases the exposure of a cryptocurrency, potentially opening it up to more buyers. SMOG is also perfectly positioned to take advantage of the Solana meme coin hype, which has seen investors pour millions of dollars into these cryptocurrencies in just the last two weeks.

It’s not too late to fight smog before it pumps

Investors who do not want to wait for the exchange listing to appear to purchase SMOG can acquire the token by completing Zealy quests or purchasing it from its official website.

SMOG, which is sold at a 10% discount on its website, can be purchased using USDT, ETH, or bank card. Once purchased, investors can gain access to additional rewards by staking their tokens. The staking program currently offers investors at this early stage an APY of 42%.

SMOG can be purchased here.

Related Posts:

Smog (SMOG) – Meme Coin with Rewards

smog sheet
  • First Airdrop Season Available Now
  • Earn XP to qualify for a share of $1 million
  • Featured on Cointelegraph
  • Staking Rewards: 42% APY
  • 10% discount on free sale – smogtoken.com

smog sheet


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