{"id":471408,"date":"2024-01-11T12:18:14","date_gmt":"2024-01-11T12:18:14","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=471408"},"modified":"2024-01-11T12:18:14","modified_gmt":"2024-01-11T12:18:14","slug":"dogwifhat-price-outlook-wif-pumps-40-as-analysts-say-these-might-be-the-best-meme-coins-to-ride-the-next-bitcoin-bull-run","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-outlook-wif-pumps-40-as-analysts-say-these-might-be-the-best-meme-coins-to-ride-the-next-bitcoin-bull-run","title":{"rendered":"Dogwifhat Price Outlook: WIF Pumps 40% As Analysts Say These Might Be The Best Meme Coins To Ride The Next Bitcoin Bull Run"},"content":{"rendered":"

The Dogwifhat price has pumped 40% in the past 24 hours to trade at <\/span>$0.1763<\/span><\/a> as of 09:36 p.m. EST, with its trading volume surging 190% to $58 million.<\/span><\/p>\n

Dogwifhat Price Breaks Above The Asymetrical Triangle<\/span><\/h2>\n
\"Dogwifhat
WIFUSDT Chart Analysis. Source: Tradingview.com<\/figcaption><\/figure>\n

WIFUSDT Chart Analysis. Source: Tradingview.com<\/span><\/p>\n

The WIF price has broken above the asymmetrical triangle with support at $0.06 after facing resistance at $0.35, and a downtrend ensued, impacting profits for some bulls. Yet, support at $0.06 has enabled the bulls to break above the triangle. <\/span><\/p>\n

The retest on the triangle’s upper boundary affirms the short bull rally ahead that could propel the price to reclaim the previous resistance at $0.35.<\/span><\/p>\n

The Dogwifhat price has also surpassed the 50-day Simple Moving Average (SMA), signaling intense buying pressure. However, the bulls need to surmount the challenge of the 200-day SMA to confirm a general bullish rally. <\/span><\/p>\n

The Relative Strength Index (RSI) indicates a bounce back from the 50 midline level to  68, approaching the overbought zone. This suggests a prevailing bullish sentiment with robust buying pressure.<\/span><\/p>\n

The Dogwifhat Price Prediction<\/span><\/h2>\n

The bulls aim to reclaim the previous high of $0.35 and achieve new highs in 2024. A sustained bullish momentum could drive the price to $0.40 or $0.45, representing a potential 164% increase from the current price.<\/span><\/p>\n

However, if the bears intervene, the price could fall back to $0.12 support. A slip below the upper boundary of the asymmetrical triangle would continue the downtrend and potentially head to support at $0.054.<\/span><\/p>\n

Meanwhile, investors looking for alternative coins that have growth potential similar to Dogwifhat may find SpongeV2, Meme Kombat, and Wall Street Memes (WSM) to be the best choices for capitalizing on the next Bitcoin bull run. Experts say these coins have explosive potential for gains.<\/span><\/p>\n

SpongeV2 Poised for 100X Returns, Buy Fast<\/span><\/h2>\n

Sponge V2<\/span><\/a> is looking to achieve 100X gains, following in the footsteps of the successful Sponge V1. It presents the opportunity to buy and stake $SPONGE through the provided widget, enabling you to receive a bonus in V2 tokens.<\/span><\/p>\n

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— $SPONGE (@spongeoneth) January 6, 2024<\/a><\/p><\/blockquote>\n