dogwifhat

Dogecoin

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 <p>A top crypto analyst is issuing a warning that <a rel="noopener noreferrer nofollow" title="dogwifhat" href="https://thebittimes.com/tag/dogwifhat.html">dogwifhat</a> (WIF) could collapse if the memecoin dips below a key level.</p>
 <p>In a new strategy session, pseudonymous analyst DonAlt tells his 58,800 YouTube subscribers that WIF could plummet in value if it fails to hold $3 as support.</p>
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 <p><em>“If Dogecoin goes up, maybe WIF goes back up too, so you can kind of make up your own minds, but I think a close below $3 would be quite catastrophic. So if you’re bullish on WIF, it’s trading quite a bit above $3, but if it starts trading below $3, I think that is a major shift in momentum.” </em></p>
 <p>However, the analyst says there is a possibility that if WIF dips below $3 it could take off on another run beyond $4.50 – or it could just chop around $3 for a while.</p>
 <p><em>“If you start selling at $3 and it does this, you might be upset because there’s a chance that it does this and then goes for another run. But then it’s basically you close below $3 and you reopen above and then there’s a chance it just chops you out a bunch but that’s how it goes if you really want to trade these things.”</em></p>
 <figure id="attachment_283451" aria-describedby="caption-attachment-283451" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-283451 size-full" src="https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp" alt="" width="2526" height="1366" srcset="https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 2526w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=300,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 300w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=768,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 768w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=1024,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 1024w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=1536,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 1536w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=2048,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 2048w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=750,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 750w, https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp?resize=1140,https://cdn.thebittimes.com/images/2024/04/12/5af0adcade93869cb8270ff9a4acd2af.webp 1140w" sizes="(max-width: 2526px) 100vw, 2526px">
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   Source: DonAlt/YouTube
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 <p>WIF is trading for $3.56 at time of writing, up more than 2% in the last 24 hours.</p>
 <div class="video-container"><iframe title="YouTube video player" src="https://www.youtube.com/embed/5kmRqSvpHvM?si=2iZtAdnoQlcUnKe0" width="560" height="315" frameborder="0" allowfullscreen></iframe>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-analyst-issues-warning-on-dogwifhat-memecoin-says-a-drop-below-this-level-will-be-quite-catastrophic-tbt85139.html">https://thebittimes.com/top-analyst-issues-warning-on-dogwifhat-memecoin-says-a-drop-below-this-level-will-be-quite-catastrophic-tbt85139.html</a></p>

Top Analyst Issues Warning on dogwifhat Memecoin, Says a Drop Below This Level Will Be ‘Quite Catastrophic’

TheBitTimes

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