Dogwifhat Price Prediction: WIF Is The Top Gainer With A 20% Pump As Traders Stock Up On This Solana Rival With Only 9 Days Left

By Inside Bitcoins
about 1 month ago
TOKEN SOL APRIL GMRX SLOTH

The Dogwifhat price has surged 20% in the last 24 hours to trade at $2.91 as of 7:30 a.m. EST on a 36% jump in trading volume to $833 million.

WIF has also emerged as the top performer among the top 100 cryptos by market capitalization, according to CoinMarketCap. 

Dogwifhat Price

Dogwifhat Price Forms A Double Bottom Pattern

Dogwifhat’s price seems poised for a bull rally as the bulls seek a rebound on the support zone forming a double-bottom pattern which signals a bullish trend reversal.

Dogwifhat Price

WIFUSDT Analysis. Source: Tradingview.com

WIF’s price has dropped from its peak of $4.84 to around $2.32, where it’s maintaining stability. Bulls are showing signs of resilience to turn things around, but the recent downtrend has been quite strong, with bears exerting pressure to push the price down again.

WIF is showing signs of recovery, bouncing back from a double bottom pattern. It’s currently trading just above the 50 Simple Moving Average (SMA). If the momentum continues to build, we can expect bulls to drive the price above the 200 SMA, confirming the upward trend.

The relative strength index (RSI) also shows positive signs, trending upwards from the oversold level of 30 past the midline level of 50. If this momentum continues, the RSI could enter the overbought territory, indicating that buyers exert significant pressure.

Dogwifhat Price Bulls Initiate A Bullish Trend Reversal

The double-bottom pattern has given the bulls a chance to initiate a rally. The price is holding steady around the pattern’s support trendline, which shows that the bulls are hanging tough, allowing them to gather momentum and push the price to reclaim the $4.84 high.

Conversely, if the support zone starts to falter, the bears could seize control, causing the price to drop to the $2.07 support level.

A Promising Alternative To Dogwifhat

As the WIF price surges, investors are showing interest in Slothana (SLOTH). Its presale soared past $10 million in less than two weeks, and is now offering investors a final opportunity to buy before it hits exchanges. 

Slothana’s joining a new type of presale on the Solana blockchain, drawing on inspiration from popular meme coins like SLERF, PUMP, PUNDU, and BOME that pioneered the method.

This new type of presale has no stages, no timer, no hard cap, and no roadmap. Investors have two options to buy: they can send SOL to the project’s wallet address or make a direct purchase on the Slothana website here after connecting their wallets. Token distribution occurs at the presale’s end.

Cryptonews, a prominent crypto channel on YouTube, suggests Slothana could potentially see a 10X increase after launch.

Investors have a little over 9 days left to buy SLOTH. If you are interested, go to the official website here to participate in the presale. One SOL buys 10,000 SLOTH tokens.

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