dogwifhat

Date: Tue, Sept 24, 2024, 11:39 AM GMTThe cryptocurrency market is heating up after the Federal Reserve&#39;s decision to cut interest rates, sparking an impressive rally across various digital assets. Among the biggest winners today is Dogwifhat (WIF), a popular Solana-based <a href="https://coinsprobe.com/wif-whale-strikes-again-4-5m-borrowed-to-buy-2-55m-tokens-holding-over-57m/" rel="noopener noreferrer nofollow">memecoin</a>, which has surged 13% following a key breakout.Earlier today, Dogwifhat broke out of a descending wedge pattern on the 1-day chart. We had <a href="https://coinsprobe.com/dogwifhat-wif-surges-by-double-digits-is-2-on-the-horizon/" rel="noopener noreferrer nofollow">previously identified</a> support around $1.41, but the real action happened when WIF decisively broke through resistance at $1.80, sparking steady momentum. Now, WIF is trading at $1.91, showing strong potential for continued growth.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/b99b6103a48f48488ea69fa890c7c866.png" />If the bullish momentum continues and Dogwifhat manages to break through its previous swing high of $2.04, the memecoin could be headed for a full-blown rally. On the daily chart, the next major resistance is at $2.68, which represents a 40% upside from its current price.While the breakout looks promising, traders should be cautious and stay updated on market conditions.Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.Also Read: <a href="https://coinsprobe.com/uxlink-and-fida-surges-following-new-exchange-listing-announcement/" rel="noopener noreferrer nofollow">UXLINK and FIDA Surges Following New Exchange Listing Announcement</a>

Dogwifhat (WIF) Confirms Major Breakout: Is This the Start of a Bullish Rally?

CoinsProbe

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Technical works Decimal. Information as of 24.09.24

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