Dogwifhat Dropped -64.70% in Last Month and is Predicted to Reach $ 0.854986 By Feb 21, 2025

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Dogwifhat is down -3.87% today against the US Dollar
  • WIF/BTC decreased by -2.47% today
  • WIF/ETH decreased by -2.86% today
  • Dogwifhat is currently trading 22.48% below our prediction on Feb 21, 2025
  • Dogwifhat dropped -64.70% in the last month and is up 73.42% since 1 year ago
Dogwifhat price$ 0.662790
Dogwifhat prediction$ 0.854986 (30.32%)
SentimentBearish
Fear & Greed index54 (Neutral)
Key support levels$ 0.667745, $ 0.647839, $ 0.618432
Key resistance levels$ 0.717058, $ 0.746465, $ 0.766371

WIF price is expected to rise by 30.32% in the next 5 days according to our Dogwifhat price prediction

Dogwifhat price today is trading at $ 0.662790 after losing -3.87% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.68% in the same time period. WIF performed poorly against BTC today and recorded a -2.47% loss against the world’s largest cryptocurrency.

According to our Dogwifhat price prediction, WIF is expected to reach a price of $ 0.854986 by Feb 21, 2025. This would represent a 30.32% price increase for WIF in the next 5 days.

WIF Price Prediction Chart

Buy/Sell Dogwifhat

What has been going on with Dogwifhat in the last 30 days

Dogwifhat has been displaying a negative trend recently, as the coin lost -64.70% in the last 30-days. The medium-term trend for Dogwifhat has been bearish, with WIF dropping by -80.80% in the last 3 months. The long-term picture for Dogwifhat has been positive, as WIF is currently displaying a 73.42% 1-year price change. On this day last year, WIF was trading at $ 0.382180.

Dogwifhat reached its all-time high price on Mar 31, 2024, when the price of WIF peaked at $ 4.80. The current WIF cycle high is $ 0.792919, while the cycle low is at $ 0.560674. WIF has been displaying high volatility recently – the 1-month volatility of the coin is at 35.12. Dogwifhat recorded 6 green days in the last 30 days.

Dogwifhat technical analysis for today – Feb 17, 2025

The sentiment in the Dogwifhat markets is currently Bearish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.667745, $ 0.647839 and $ 0.618432, while $ 0.717058, $ 0.746465 and $ 0.766371 are the key resistance levels.

Bearish sentiment for Dogwifhat

5 indicators are currently signaling a bullish prediction for Dogwifhat, while 22 indicators are showing a bearish forecast. With 81% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Dogwifhat.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 54 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Dogwifhat moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Dogwifhat is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 0.996889 (SELL)$ 0.977884 (SELL)
MA5$ 0.850124 (SELL)$ 1.15 (SELL)
MA10$ 0.876179 (SELL)$ 1.39 (SELL)
MA21$ 0.937294 (SELL)$ 1.68 (SELL)-$ 0.58 (BUY)$ 2.01 (SELL)
MA50$ 1.43 (SELL)$ 2.11 (SELL)$ 0.764186 (SELL)$ 0.670591 (SELL)
MA100$ 2.18 (SELL)$ 2.30 (SELL)
MA200$ 2.16 (SELL)$ 2.30 (SELL)
PeriodValueAction
RSI (14)32.51BUY
Stoch RSI (14)100.00SELL
Stochastic Fast (14)25.49NEUTRAL
Commodity Channel Index (20)-66.67NEUTRAL
Average Directional Index (14)45.69BUY
Awesome Oscillator (5, 34)-0.48NEUTRAL
Momentum (10)-0.11NEUTRAL
MACD (12, 26)0.02NEUTRAL
Williams Percent Range (14)-74.51NEUTRAL
Ultimate Oscillator (7, 14, 28)42.52NEUTRAL
VWMA (10)0.67BUY
Hull Moving Average (9)0.62BUY
Ichimoku Cloud B/L (9, 26, 52, 26)1.04NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Dogwifhat is at 32.51, suggesting that WIF is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Dogwifhat over the last 50 days. Currently, Dogwifhat is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the WIF closing price for the last 200 days. WIF is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Dogwifhat prediction

After considering the above factors, we can conclude that the current forecast for Dogwifhat price prediction is Bearish. WIF would have to increase by 30.32% to hit our $ 0.854986 target within the next five days. Moving forward, it will be important to monitor the WIF market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Dogwifhat price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/63219/dogwifhat-prediction-february-17-2025/