Dogwifhat (WIF) has risen by 13.17% over the past 24 hours, currently trading at $0.97. The increase aligns with improving market conditions following Bitcoin's new all-time high.
Dogwifhat (WIF) Market Overview
As of the press time, Dogwifhat (WIF) trades at $0.97, marking a 13.17% increase in the past 24 hours. The market has seen improved sentiment following Bitcoin achieving a new all-time high. Other meme coins, including PENGU and SPX6900, have also witnessed price surges. WIF has experienced a 4.41% gain over the past week, with daily trading volumes reaching $570 million. The price fluctuated between $0.855 and $0.98 in the last 24 hours and $0.82 to $0.98 over the last week.
Strength Signals: Cup and Handle Breakout
Chart data confirms a breakout from a cup-and-handle pattern, which often precedes upward price continuation. This breakout is supported by a golden cross between the 50-day and 200-day simple moving averages, indicating a potential shift toward sustained bullish pressure. WIF is now approaching resistance at $1.031. Immediate support is visible around $0.9, and traders are monitoring whether the asset can maintain momentum above this level.
Fibonacci and New Support Levels
Analysts indicate that the breakout has left behind a strong demand zone between $0.8550 and $0.8776, coinciding with the 0.618–0.75 Fibonacci retracement range. The price may revisit this zone in the event of a pullback, where buyers could re-enter the market. These levels are being closely monitored for confirmation of sustained upward price action.
WIF's price increase reflects overall market improvement and strong technical signals, encouraging trader interest in continued purchases. Monitoring key support and resistance levels will be essential for predicting future price movements.
