{"id":632076,"date":"2024-07-29T23:00:02","date_gmt":"2024-07-29T23:00:02","guid":{"rendered":"https:\/\/ktsl888.com\/?p=632076"},"modified":"2024-07-29T14:15:31","modified_gmt":"2024-07-29T14:15:31","slug":"all-time-highs-ahead-dogwifhat-wif-poised-for-big-growth-analyst","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/all-time-highs-ahead-dogwifhat-wif-poised-for-big-growth-analyst\/","title":{"rendered":"All-Time Highs Ahead? Dogwifhat (WIF) Poised For Big Growth \u2014 Analyst"},"content":{"rendered":"<p>Popular meme coin Dogwifhat (WIF) has lately attracted attention because of its market performance. Over the last week, its value dropped by around 5%; but, over the prior month it sustained a 22% rally. <a href=\"https:\/\/www.coingecko.com\/en\/coins\/dogwifhat\" target=\"_blank\" rel=\"noopener nofollow\">Dogwifhat,<\/a> which now commands a 0.10% portion of the market and has a market cap of $2.47 billion, is valued at $2.50.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin-on-fire-20-surge-in-3-weeks-teases-record-breaking-potential\/\" target=\"_blank\" rel=\"noopener \">Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential<\/a><\/div>\n<h2>Bullish Indicators Start To Show<\/h2>\n<p>Recent comments on WIF&#8217;s potential price trajectory from crypto analyst Crypto Scient show a somewhat bullish view. Dogwifhat has displayed notable positive signs in its market structure, claims the analyst. Establishing this as a new support zone, the coin has effectively regained and turned a key 1-day support and resistance level at $2.25.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$WIF<\/a>, Starting to look good again as the daily structure has flipped bullish again.<\/p>\n<p>\u2022 Reclaimed and flipped key 1D S\/R at $2.25 to support<br \/>\n\u2022 Flipped 1D 50 and 100EMA Bullish.<\/p>\n<p>Up next is key 1D resistance at $3.3 \u2014 Price makes an attempt to test this level over the next few\u2026 <a href=\"https:\/\/t.co\/7RtYCcPCtu\" rel=\"nofollow\">https:\/\/t.co\/7RtYCcPCtu<\/a> <a href=\"https:\/\/t.co\/OA3PbVAcsN\" rel=\"nofollow\">pic.twitter.com\/OA3PbVAcsN<\/a><\/p>\n<p>\u2014 Scient (@Crypto_Scient) <a href=\"https:\/\/twitter.com\/Crypto_Scient\/status\/44256895?ref_src=twsrc%5Etfw\" rel=\"nofollow\">July 27, 2024<\/a><\/p><\/blockquote>\n<p>Also moving up are the 50-day and 100-day exponential moving averages (EMAs). EMAs are important signs for traders because they help them spot changes in the trend and keep price swings in check. The change in these EMAs makes people more hopeful about WIF.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-632080\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?resize=1024%2C656\" alt=\"\" width=\"1024\" height=\"656\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=1265 1265w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b1d64a.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<p>The resistance level at $3.30 marks WIF&#8217;s next noteworthy movement. WIF should try to reach this level in the next days to weeks, analysts forecast. Breaking through this barrier would open the path for significant higher action and maybe new all-time highs (ATHs). Investors should keep in mind that gains around $3.30 are likely to be important for risk management, so they should keep that in mind.<\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/KP7jFIRm\/\" alt=\"\" width=\"2475\" height=\"1163\"><figcaption class=\"wp-caption-text\">WIF market cap currently at $6.8 billion. Chart: <a href=\"http:\/\/TradingView.com\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<h2>WIF Price Forecast<\/h2>\n<p>Based on CoinCodex&#8217;s present price estimate, <a href=\"https:\/\/coincodex.com\/crypto\/dogwifhat\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">Dogwifhat may climb to as high as 220%<\/a> to reach $8.36 by August 28, 2024. The current market vibe surrounding the coin is negative even with this very optimistic long-term view.<\/p>\n<p>Measuring market mood, the Fear &amp; Greed Index comes out with a 74 (Greed). This suggests that the market could be headed for a correction as it seems to be too optimistic.<\/p>\n<p>Dogwifhat has experienced 17 out of 30 green days with a price volatility of 17%. These numbers show the inherent risks in the crypto market even if they imply great possibility for a price growth.<\/p>\n<figure id=\"attachment_632083\" aria-describedby=\"caption-attachment-632083\" style=\"width: 997px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-632083 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?resize=997%2C300\" alt=\"\" width=\"997\" height=\"300\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?w=997 997w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_b75c9d.png?w=750 750w\" sizes=\"auto, (max-width: 997px) 100vw, 997px\"><figcaption id=\"caption-attachment-632083\" class=\"wp-caption-text\">WIF seen climbing in price in the next 30 days. Source: <a href=\"https:\/\/coincodex.com\/crypto\/dogwifhat\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinCodex<\/a><\/figcaption><\/figure>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/fantom-ftm-regains-momentum-after-weeks-long-bleed-will-this-continue\/\" target=\"_blank\" rel=\"noopener \">Fantom (FTM) Regains Momentum After Weeks Long Bleed \u2013 Will This Continue?<\/a><\/div>\n<h3>Investor Mood: Proceed With Caution<\/h3>\n<p>The recent short-term drop and pessimistic mood recommend caution for WIF even if the positive technical indicators and optimistic price projections present a good picture.<\/p>\n<p>One should pay close attention to the significant resistance level around $3.30. Should this level not be broken, WIF&#8217;s price could revert to the $2.25 support, therefore defining a trading range between $2.25 and $3.30.<\/p>\n<p><em>Featured image from Bestchange, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular meme coin Dogwifhat (WIF) has lately attracted attention because of its market performance. Over the last week, its value dropped by around 5%; but, over the prior month it sustained a 22% rally. Dogwifhat, which now commands a 0.10% portion of the market and has a market cap of $2.47 billion, is valued at $2.50. Related Reading: Bitcoin On Fire: 20% Surge In 3 Weeks Teases Record-Breaking Potential Bullish Indicators Start To Show Recent comments on WIF&#8217;s potential price trajectory from crypto analyst Crypto Scient show a somewhat bullish view. Dogwifhat has displayed notable positive signs in its market structure, claims the analyst. Establishing this as a new support zone, the coin has effectively regained and turned a key 1-day support and resistance level at $2.25. $WIF, Starting to look good again as the daily structure has flipped bullish again. \u2022 Reclaimed and flipped key 1D S\/R at $2.25 to support \u2022 Flipped 1D 50 and 100EMA Bullish. Up next is key 1D resistance at $3.3 \u2014 Price makes an attempt to test this level over the next few\u2026 https:\/\/t.co\/7RtYCcPCtu pic.twitter.com\/OA3PbVAcsN \u2014 Scient (@Crypto_Scient) July 27, 2024 Also moving up are the 50-day and 100-day exponential moving averages (EMAs). EMAs are important signs for traders because they help them spot changes in the trend and keep price swings in check. The change in these EMAs makes people more hopeful about WIF. The resistance level at $3.30 marks WIF&#8217;s next noteworthy movement. WIF should try to reach this level in the next days to weeks, analysts forecast. Breaking through this barrier would open the path for significant higher action and maybe new all-time highs (ATHs). Investors should keep in mind that gains around $3.30 are likely to be important for risk management, so they should keep that in mind. WIF Price Forecast Based on CoinCodex&#8217;s present price estimate, Dogwifhat may climb to as high as 220% to reach $8.36 by August 28, 2024. The current market vibe surrounding the coin is negative even with this very optimistic long-term view. Measuring market mood, the Fear &amp; Greed Index comes out with a 74 (Greed). This suggests that the market could be headed for a correction as it seems to be too optimistic. Dogwifhat has experienced 17 out of 30 green days with a price volatility of 17%. These numbers show the inherent risks in the crypto market even if they imply great possibility for a price growth. Related Reading: Fantom (FTM) Regains Momentum After Weeks Long Bleed \u2013 Will This Continue? Investor Mood: Proceed With Caution The recent short-term drop and pessimistic mood recommend caution for WIF even if the positive technical indicators and optimistic price projections present a good picture. One should pay close attention to the significant resistance level around $3.30. Should this level not be broken, WIF&#8217;s price could revert to the $2.25 support, therefore defining a trading range between $2.25 and $3.30. Featured image from Bestchange, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":632095,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[6664,91713,83767,91711],"class_list":["post-632076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-dogwifhat","tag-meme-coins","tag-wif"],"acf":[],"yoast_head":"\n<title>Dogwifhat (WIF) Poised For Big Growth \u2014 Analyst<\/title>\n<meta name=\"description\" content=\"Popular meme coin Dogwifhat (WIF) has lately attracted attention because of its market performance. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. 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