bullish

Resistance

Coin

<ul class="wp-block-list news-points">
 <li>Dogwifhat (WIF) nears breakout, recovering 78% after hitting $1 low in August 2024.&nbsp;&nbsp;</li>
 <li>WIF forms a symmetrical triangle, signaling a potential bullish breakout above resistance.&nbsp;&nbsp;</li>
 <li>WIF’s 50-day moving average trends bullish, while 200-day MA poses resistance ahead.</li>
</ul>
Dogwifhat (WIF) is nearing a critical breakout point as it bounces back from a long downtrend. Using both technical indicators and market analysis, we can see signs of a potential upward price movement.
As of this writing, WIF is priced at <a href="https://coinmarketcap.com/currencies/dogwifhat/" target="_blank" rel="noopener noreferrer nofollow">$1.88</a>. Over the last 24 hours, it has gained 10.59% and has a total market capitalization of $1.87 billion. Plus, the 24-hour trading volume also jumped by 33.74% to $409.5 million.
The <a href="https://coinedition.com/dogwifhat-wif-price-prediction/" rel="noopener noreferrer nofollow">WIF price</a> dropped to a significant low of $1 on August 5, after a period of decline. But then, it recovered, pushing the price up by 78%. Over the past 50 days, WIF has formed a symmetrical triangle pattern, moving sideways and consolidating after testing key support levels.
It is now testing a major descending resistance level, which hints at a possible breakout. Technical analysis suggests that a break above this resistance could mean a shift into a new bullish phase for the…
The post <a href="https://coinedition.com/dogwifhat-wif-nears-breakout-bulls-eye-3-resistance/" rel="noopener noreferrer nofollow">Dogwifhat (WIF) Nears Breakout: Bulls Eye $3 Resistance</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Dogwifhat (WIF) Nears Breakout: Bulls Eye $3 Resistance

Coin Edition

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