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The Dogwifhat price is up 100% over the past week despite a 5% plunge in the last 24 hours to trade at $1.12 as of 3:30 a.m. EST on a 9% drop in trading volume to $1.12 billion.
Dogwifhat Price Surges Past Key Resistance After Long Bearish Trend
The WIF/USDT pair has staged a huge bullish breakout after months of consolidation and a persistent bearish trend. The daily chart shows a clear transition from a descending channel that began in late December 2024 to a strong upward movement that gained traction in early May 2025.
Following the formation of a solid support zone around the $0.35–$0.45 range, the price reversed its trend and has since rallied, peaking above $1.10. This breakout confirms a significant change in market sentiment, pushing WIF into overbought territory on the RSI, which currently stands at 80.43, a signal of strong bullish momentum.
Before the surge, the asset was trapped in a prolonged bearish channel, steadily declining from highs around $2.50 and bottoming out just under $0.40.
WIFUSDT Analysis Source: Tradingview
Since then, the Dogwifhat price has reclaimed previous minor highs and convincingly broken through a key resistance level at approximately $0.68, flipping it into support. The strong rally was accompanied by a spike in the Relative Strength Index (RSI), suggesting heightened demand and aggressive buying pressure.
Overbought RSI Signals Possible Pullback
Traders are now closely watching the new order block (OB) around the $0.75–$0.85 zone as a potential area for the price to retest before continuing its climb. With upside liquidity swept and the price reacting positively , bullish traders may see $1.50 as the next psychological level if momentum holds.
However, the extreme RSI readings at 81 hint at the possibility of a short-term pullback or consolidation before the next leg up. In the event of a retracement, the previous resistance-turned-support zone and the order block below offer critical areas to watch for potential bullish continuation.
WIF’s breakout from the bearish channel and its ability to maintain above the old resistance suggest a strong bullish bias in the short to medium term.
The combination of technical signals, including the market structure break, holds support. If buying interest remains strong, this rally could begin a broader trend reversal and sustained upward move for WIF.
BTCBULL Meme Coin Presale Zooms Past $5.6M – Next Crypto To Explode?
While the Dogwifhat price continues its bullish momentum, investors are turning their attention to BTC Bull Token (BTCBULL), a new Bitcoin-themed meme coin that has already raised over $5.6 million in its presale.
Unlike other meme coins, BTCBULL has a unique reward system offering holders free Bitcoin through airdrops, with rewards increasing as Bitcoin price rises, adding real-world value to the token.
The project is based on the belief that Bitcoin will eventually reach $1 million. As such, certain BTC price milestones will trigger Bitcoin airdrops to the token’s investors, making BTCBULL a long-term play for those bullish on BTC’s future.
Don't fade the bull. 🐂💨 pic.twitter.com/EanKfbR77z
— BTCBULL_TOKEN (@BTCBULL_TOKEN) May 10, 2025
BTCBULL Holders Will Start Getting Bitcoin Rewards
When Bitcoin hits $150,000 for the first time, BTC Bull Token holders will start receiving Bitcoin rewards. More rewards will be unlocked at every $50,000 increase in Bitcoin’s price, up to $1 million. The amount each person gets depends on how much they invested during the presale, giving early buyers a big edge.
A major airdrop will also happen when Bitcoin reaches $250,000, with 10% of BTCBULL’s 21 billion token supply set to be released at this milestone. This could mean strong returns for long-term holders, especially with signs of a new crypto bull run.
Popular YouTube channel 99Bitcoins, which has over 725k subscribers, predicts BTCBULL could surge 10X after its launch.
Get BTCBULL For 73% Staking Rewards
BTC Bull Token will also start burning tokens when Bitcoin hits $125,000, and again every time BTC goes up by $25,000. This lowers the supply and could help boost BTCBULL’s price.
Additionally, investors can earn a 73% annual return through staking, offering a strong passive income opportunity, especially for early buyers.
BTCBULL is priced at just $0.00251 and can be bought through the project’s website via an easy-to-use widget.
You can buy tokens with either crypto or a bank card. The next price increase is in a little over 2 days, so now may be a good time to get in.
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