Cryptocurrency News Articles
Dogwifhat (WIF) Surges 17% over the Past 24 Hours, Following a Wider Market Rally in Light of the Federal Reserve's Interest Rate Cut
Sep 19, 2024 at 10:54 pm
Crypto trader Bleeker stated that while the timeline is silent on WIF, he is "enjoying that." He predicts nothing less than a 100% price breakout for WIF.
Meme coin Dogwifhat (CRYPTO: WIF) has seen a 17% increase over the past 24 hours, amidst a broader market rally following the Federal Reserve’s interest rate cut.
What Happened: Crypto trader Bleeker noted that while the timeline is silent on WIF, he is "enjoying that." Expecting nothing less than a 100% price breakout for WIF.
Bleeker also reiterated his Sep. 10 observation that Dogwifhat is approaching its crucial $1.70-$1.75 resistance, where it could either break out to $1.95 or correct to $1.45. He concluded that it is "starting to look very constructive on its SOL pairing, nearing a break-up."
Another crypto trader, RookieXBT, anticipates that WIF is set to erase six months’ worth of downtrend in two to three weeks.
$WIF has broken out!Our prediction is playing out well 🤝1st target: $1.72nd target: $2.3 https://t.co/ehxGxK8jsf pic.twitter.com/ND6Scrkjje
Another crypto trader, RookieXBT, anticipates that WIF is set to erase six months’ worth of downtrend in two to three weeks.
See More: Best Meme Coins To Buy Now
Another crypto trader, RookieXBT, anticipates that WIF is set to erase six months’ worth of downtrend in two to three weeks.
$WIF has broken out!Our prediction is playing out well 🤝1st target: $1.72nd target: $2.3 https://t.co/ehxGxK8jsf pic.twitter.com/ND6Scrkjje
American cryptocurrency exchange Gemini announced on Thursday that Dogwifhat is now available on the exchange for trading, spurring on the meme coin’s 17% daily gains.
While traders are currently bullish on the meme coin, it’s crucial to remember that the volatility of cryptocurrency can lead to drastic price movements.
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