Dogwifhat Price Prediction: WIF Plunges 22% In A Week As Experts Say Consider This New Meme Coin For Parabolic Gains

The Dogwifhat price plunged 22% in the past week after tumbling 2% in the last 24 hours to trade at $2.03 as of 2.30 a.m. EST on trading volume that declined 1% to $316.47 million.

Dogwifhat Price Prediction

While the WIF price did see a strong drop in the last 24 hours, which resulted in the token’s decline to a support at $1.9, the popular meme coin is showing signs of recovery. Its Bollinger bands have seen a widening over the last few hours, and the price has returned to the upper band, pushing it further up.

In the last few hours, it briefly dipped back to the middle area between the two bands before it started growing back to the upper line. This is also in line with the behavior of another metric — the project’s Relative Strength Index (RSI).

The RSI value surged from the oversold zone, after dropping nearly to the value of 20, only to reach the value of 74.43 within nine hours. After venturing into the overbought zone, many traders seemingly decided to take profit, which caused the RSI to dip again to the value of 58.

However, it seems like a new wave of buyers rushed in at this time, as the RSI started going up again, and right now, at the time of writing, the bulls and the bears are battling it out.

The Dogwifhat price has been very reactive too, fluctuating between $2.00 and $2.05 over the last few hours. Overall, there is both optimism and uncertainty, as the Dogwifhat price does show signs of wanting to grow, which means that a large portion of traders are bullish, likely seeking to profit from a recovery from the week-long losses.

But, at the same time, day traders are trying to make small profits from any positive price movement, and so the price is struggling to surge back up to its previous levels.

Promising Alternative To Dogwifhat

Fortunately for those who are not willing to take a risk with the WIF recovery at this time, there are safer alternatives that may offer just as big, if not greater potential.

Some of the biggest opportunities come from meme coins that are still in presale, and among those one of the most promising is Crypto All-Stars, a new project that is revolutionizing meme coin staking.

That’s because it created a new smart contract for staking called MemeVault, which allows users to stake around a dozen major meme coins, rather than just the project’s native token, STARS.

This enables investors with large meme coin portfolios to stake their meme coins in one place. MemeVault already supports DOGE, PEPE, SHIB, MOG, TURBO, BRETT, COQ, LADYS, BONK, FLOKI, and TOSHI, and it will add support for new ones after it goes live.

All of this gives Crypto All-Stars massive potential, and experts such as ClayBro, a crypto YouTuber with over 130k subscribers, believe it could be the next 10x crypto.

If you are eager to join investors who have pumped more than $3 million into STARS, you can buy its tokens for $0.0015432 each. With a price hike coming in less than 22 hours, buy soon for the best deal.

Visit STARS here.

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