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The Dogwifhat price surged 11% in the last 24 hours to trade at $0.9636 as of 1:43 a.m. EST, with trading volume increasing 78% to $473 million.
The increase in the WIF price has put the crypto at the number 1 spot of CoinMarketCap’s list of biggest gainers.
Dogwifhat Price Poised For More Gains Over A Rounded Bottom Pattern
The WIF price action on the 4-hour chart shows a clear rounded bottom pattern, a bullish reversal formation that marks the transition from a downtrend to an uptrend.
This rounded bottom began forming after a strong bearish trend in late May, with the Dogwifhat price declining steadily before stabilizing around the $0.80 level, as GeckoTerminal data shows.
The curvature of the bottom is smooth, showing steady accumulation without panic selling or sharp spikes.
The breakout above both the 200 and 50 Simple Moving Averages (SMAs) suggests that bullish momentum is now gaining traction.
Meanwhile, the Relative Strength Index (RSI) is currently at 58.07, reflecting positive momentum without being overbought. This level implies that there is still room for upward movement.
Additionally, the price of Dogwifhat is approaching a previous supply zone between $1.05 and $1.10, where significant selling occurred previously. This zone should be closely monitored, as it could either stall the rally or, if broken, serve as a launchpad for further gains.
With the rounded bottom now complete and a successful breakout above the $0.91 support, the near-term outlook for the WIF price looks bullish.
As long as the price of WIF remains above the 200 SMA, the bias favors a move toward the $1.05–$1.10 resistance zone.
A breakout above that key resistance band, especially if accompanied by RSI strength, could lead to the meme coin targeting the $1.20 level next, aligning with prior swing highs.
However, failure to clear this zone could result in a minor pullback toward the $0.85 area, which would now act as support for the Dogwifhat price.
Meanwhile, opportunistic investors are redirecting their funds to a new ICO called Snorter Token (SNORT). According to 99Bitcoins, a popular YouTube channel with over 723K subscribers, SNORT could soar 10X on launch.
Snorter Token Presale Racing Towards The $1 Million Mark – A Promising Alternative?
Positioned as a Solana-based meme crypto trading bot, Snorter aims to blend the humor and culture of meme coins with high-performance trading tools.
From day one, the presale has generated strong interest, with over $385K raised within the first couple of days.
Snorter is the fastest and most affordable bot on Solana, transforming your Telegram feed into a weaponized trading terminal.
It has the fastest execution and lowest fees of any bot on Solana, making sniping a breeze. It also comes with cutting-edge MEV protection, which gives it a competitive advantage compared to other solutions, such as Trojan and BonkBot.
Went outside. Touched grass. Immediately hated it. Back to the chaos. pic.twitter.com/w211JnAvpI
— Snorter Support 📥 (@SnorterToken_) May 29, 2025
It stands out from bots like BONKbot or Maestro by offering lower fees (just 0.85% for SNORT holders), while protecting users with advanced honeypot and rugpull detection.
In addition to its trading features, annual staking rewards currently sit at 820%, which decreases as more investors join.
Tokens can be purchased at a discounted price of $0.0941 using SOL, ETH, BNB, or a bank card directly on the official website.
Interested investors should consider buying before the next scheduled price increase, which is approximately 2 days away.
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