{"id":544354,"date":"2024-07-08T10:14:39","date_gmt":"2024-07-08T10:14:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=544354"},"modified":"2024-07-08T10:14:39","modified_gmt":"2024-07-08T10:14:39","slug":"dogwifhat-price-prediction-wif-dives-12-in-latest-crypto-market-crash-as-investors-pivot-to-this-ai-meme-coin-for-parabolic-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/dogwifhat-price-prediction-wif-dives-12-in-latest-crypto-market-crash-as-investors-pivot-to-this-ai-meme-coin-for-parabolic-gains","title":{"rendered":"Dogwifhat Price Prediction: WIF Dives 12% In Latest Crypto Market Crash As Investors Pivot To This AI Meme Coin For Parabolic Gains"},"content":{"rendered":"

The Dogwifhat price slumped 12% in the last 24 hours to trade for $1.6595 as of 01:38 a.m. EST on trading volume that soared 13%.<\/p>\n

WIF followed the broader market south as altcoins dump in the wake of Bitcoin weakness.<\/p>\n

Dogwifhat Price Prediction<\/h2>\n

The Dogwifhat price remains bearish below the foothold of the trendline of the Fibonacci retracement indicator.  Prospects for more losses remain high, with the Relative Strength Index (RSI) below the mean level of 50.<\/p>\n

In the same way, the Moving Average Convergence Divergence (MACD) is teasing with a pending sell signal. This will be executed once it decisively crosses below the signal line (orange band).<\/p>\n

If this happens, the Dogwifhat price could extend the fall, clearing the range low of $1.5020. A lower low relative to this threshold would confirm the continuation of the downtrend.<\/p>\n

\"Dogwifhat<\/a><\/p>\n

GeckoTerminal: WIF\/USD 1-day chart<\/a><\/p>\n

On the flip side, if the $1.5020 support level holds, the Dogwifhat price could recover. A strong break above the resistance due to the trendline would be ideal, but the WIF token would still be at risk. This is because even above the trendline, it would still need to confront resistance due to the Fibonacci Golden Zone. In a northbound directional bias, therefore, only a candlestick close above the 38.2% Fibonacci retracement level of $3.6178 would invalidate the bearish thesis.<\/p>\n

With the Dogwifhat price likely facing further downside, some meme coin lovers are turning to a hot new presale called WienerAI (WAI), which has rocketed past $7.2 million in funds raised.<\/p>\n

YouTuber Jon Trading says it is the top AI crypto meme coin in 2024.<\/p>\n