- Bullish WIF price prediction for 2024 is $1.954 to $2.902.
- dogwifhat (WIF) price might reach $5 soon.
- Bearish WIF price prediction for 2024 is $1.069.
In this dogwifhat (WIF) price prediction 2024, 2025-2030, we will analyze the price patterns of WIF by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
DOGWIFHAT (WIF) PRICE PREDICTION 2024 |
|
| DOGWIFHAT (WIF) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
dogwifhat (WIF) Current Market Status
| Current Price | $1.48 | 24 – Hour Price Change | 6.36% Down |
| 24 – Hour Trading Volume | $290.46M |
| Market Cap | $1.48B |
| Circulating Supply | 998.85M WIF | All – Time High | $4.85 (On Mar 31, 2024) |
| All – Time Low | $0.0677 (On Jan 08, 2024) |
(Source: CoinMarketCap)
What is dogwifhat (WIF)?
| TICKER | WIF |
| BLOCKCHAIN | Solana |
| CATEGORY | Meme coin |
| LAUNCHED ON | November 2023 |
With a market cap of around $4 billion, Dogwifhat (WIF) is now the third biggest meme coin after DOGE and SHIB – a feat it achieved within four months of its launch. The project’s success is attributed to its catchy meme concept of a dog wearing a hat.
Additionally, WIF’s rise has also positively impacted Solana’s recovery, as investors had to buy SOL to convert it into WIF. Further, the community’s ambitious fundraising campaign to display their meme on the Las Vegas Sphere raised nearly $700,000.
WIF 24H Technicals
dogwifhat (WIF) Price Prediction 2024
dogwifhat (WIF) ranks 49th on CoinMarketCap in terms of its market capitalization. The overview of the WIF price prediction for 2024 is explained below with a daily time frame.
In the above chart, dogwifhat (WIF), laid out a Descending Channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a security’s price with parallel trendlines to show a downward trend.
Within a descending channel, a trader could make a selling bet when the security price reaches its resistance trendline. An ascending channel is the opposite of a descending channel. Both ascending and descending channels are primary channels followed by technical analysts.
At the time of analysis, dogwifhat (WIF) was recorded at $1.506. If the pattern trend continues, then the price of WIF might reach the resistance levels of $1.650, $2.045, and $2.485. If the trend reverses, then the price of WIF may fall to the support of $1.373.
dogwifhat (WIF) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of dogwifhat (WIF) in 2024.
From the above chart, we can analyze and identify the following as resistance and support levels of dogwifhat (WIF) for 2024.
| Resistance Level 1 | $1.954 |
| Resistance Level 2 | $2.902 |
| Support Level 1 | $1.396 |
| Support Level 2 | $1.069 |
dogwifhat (WIF) Price Prediction 2024 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of dogwifhat (WIF) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current dogwifhat (WIF) market in 2024.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $1.511 Price = $1.502 (50MA > Price) | Bearish/Downtrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 48.033 <30 = Oversold 50-70 = Neutral >70 = Overbought | Nearly Neutral |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak Volume |
dogwifhat (WIF) Price Prediction 2024 — ADX, RVI
In the below chart, we analyze the strength and volatility of dogwifhat (WIF) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of dogwifhat (WIF).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 20.215 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 49.56 <50 = Low >50 = High | Low Volatility |
Comparison of WIF with BTC, ETH
Let us now compare the price movements of dogwifhat (WIF) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of WIF is dissimilar to that of BTC and ETH. That is, when the price of BTC and ETH increases, the price of WIF decreases, if the price of BTC and ETH decreases, the price of WIF increases.
dogwifhat (WIF) Price Prediction 2025, 2026 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of dogwifhat (WIF) between 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| dogwifhat (WIF) Price Prediction 2025 | $8.5 | $1.80 |
| dogwifhat (WIF) Price Prediction 2026 | $10.23 | $1.48 |
| dogwifhat (WIF) Price Prediction 2027 | $13.4 | $0.98 |
| dogwifhat (WIF) Price Prediction 2028 | $15.7 | $1.56 |
| dogwifhat (WIF) Price Prediction 2029 | $12.3 | $0.32 |
| dogwifhat (WIF) Price Prediction 2030 | $20 | $0.87 |
Conclusion
If dogwifhat (WIF) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish dogwifhat (WIF) price prediction for 2024 is $2.902. Comparatively, if unfavorable sentiment is triggered, the bearish dogwifhat (WIF) price prediction for 2024 is $1.069.
If the market momentum and investors’ sentiment positively elevate, then dogwifhat (WIF) might hit $10. Furthermore, with future upgrades and advancements in the dogwifhat ecosystem, WIF might surpass its current all-time high (ATH) of $4.85 and mark its new ATH.
FAQ
1. What is dogwifhat (WIF)?
Dogwifhat is a meme coin on the Solana blockchain featuring a dog wearing a hat, becoming the third largest meme coin post-launch.
2. Where can you buy dogwifhat (WIF)?
Traders can trade dogwifhat (WIF) on the following cryptocurrency exchanges such as Binance, Bybit, Bitget and more
3. Will dogwifhat (WIF) record a new ATH soon?
With the ongoing developments and upgrades within the dogwifhat platform, dogwifhat (WIF) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of dogwifhat (WIF)?
dogwifhat (WIF) hit its current all-time high (ATH) of $4.85 on Mar 31, 2024.
5. What is the lowest price of dogwifhat (WIF)?
According to CoinMarketCap, WIF hit its all-time low (ATL) of $0.0677 on Jan 08, 2024.
6. Will dogwifhat (WIF) hit $5?
If dogwifhat (WIF) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.
7. What will be the dogwifhat (WIF) rice by 2025?
dogwifhat (WIF) price might reach $8.5 by 2025.
8. What will be the dogwifhat (WIF) price by 2026?
dogwifhat (WIF) price might reach $10.23 by 2026.
9. What will be the dogwifhat (WIF) price by 2027?
dogwifhat (WIF) price might reach $13.4 by 2027.
10. What will be the dogwifhat (WIF) price by 2028?
dogwifhat (WIF) price might reach $15.7 by 2028.
Top Crypto Predictions
Aave (AAVE) Price Prediction
MANTRA (OM) Price Prediction
Helium (HNT) Price Predict
Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/dogwifhat-wif-price-prediction/