Dogwifhat Price Prediction: WIF Soars 21% In A Week, But Traders Eye This Solana Layer-2 For 100x Gains As Listing Nears

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Dogwifhat price
Dogwifhat price

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The Dogwifhat price has soared 21% in the past week and 0.2% in the last 24 hours to trade at $1.14 as of 6:57 a.m. EST on an 18% drop in its daily trading volume to $431 million.

Dogwifhat Price Holds Strong Above $1 As Bullish Momentum Builds

The Dogwifhat price is sitting at $1.134, with an intra-day high of $1.15 and a low of $1.09 in the last 6 hours, according to the WIF/USDT chart. That’s some solid action.

The 6-hour chart also shows WIF price previously breaking out, climbing past key resistance levels with ease, before hitting a snag and consolidating around the $1 mark. Nevertheless, the momentum is giving major “to the moon” energy according to technical indicators.

The price has been riding above both the 50-day ($1.064) and the 200-day ($0.70) simple moving averages (SMAs) for the past month, which is a bullish signal. When the short-term SMA is above the long-term one, you know the bulls are in control.

Momentum Indicators Signal 62% Breakout In Sight

Technical indicators are also pointing to a bullish outlook for the WIF price. The Relative Strength Index (RSI) is at 53.46, which is about neutral, not too overbought, not too oversold. This shows WIF has room to run before it gets overcooked.

Dogwifhat price

WIFUSDT Analysis Source: Tradingview

The Moving Average Convergence Divergence (MACD) supports this bullish sentiment, showing a bullish crossover as the MACD line is above the signal line (orange). That’s a green flag for more upside.

The chart also shows Dogwifhat price testing a key resistance zone around $1.326 (labelled as a 0 Fibonacci retracement level). If WIF blows past this, we could see it hit the next big level at $1.824 (161.8% Fib extension) for a 62% increase from here.

But if the bears come out to play, support around $0.828 (0.618 Fib) and $0.692 (0.786 Fib) could hold the line. For now, the trend and the ascending triangle pattern signal a bullish breakout is in the works

WIF’s 21% surge shows the meme coin’s got strong momentum, and the chart suggests more gains could be coming if it breaks $1.326. But keep an eye on those support levels in case the market decides to turn around.

Solaxy (SOLX) Presale Roars Past $41 Million – Under 20 Days Left

As the Dogwifhat price gears up for a potential breakout, so the Solaxy (SOLX) presale has rocketed $41.1 million.

Designed to maintain Solana’s high speed while reducing network congestion, Solaxy is gaining traction among traders and developers seeking scalable, low-fee solutions.

Solaxy provides an off-chain processing system designed to streamline activity on the Solana blockchain. By handling transactions off-chain, bundling them, and then settling them back on the mainnet, Solaxy aims to reduce network congestion and enhance overall performance.

The solution mirrors the scaling strategies employed by Ethereum layer-2 networks like Arbitrum and Optimism. It’s particularly effective during surges in meme coin trading and DeFi activity, maintaining low fees and high speeds without compromising the core security and integrity of the Solana network.

But Solaxy is not just about speed. It’s also building a bridge to Ethereum, letting users tap into Ethereum’s massive liquidity while keeping Solana’s blazing-fast performance. This cross-chain feature could be a game-changer for developers building decentralised apps (dApps) for gaming, NFTs, or DeFi. 

In addition, Solaxy’s new Igniter Protocol, a no-code launchpad, lets SOLX holders create their own tokens, potentially sparking a new wave of projects on the platform.

That’s why crypto YouTube channel 99Bitcoins, with 723K subscribers, is predicting a 100X surge post-launch.

Investors can also stake their SOLX tokens for a 98% annual return.

Right now, SOLX tokens are priced at $0.001738 and can be bought with ETH, USDT, SOL or a credit card

Interested buyers have less than 20 days left to buy one of the most successful presales of the year.

Visit the Solaxy website to learn more.

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