- Bitcoin's recovery has created a positive outlook for WIF price, targeting $5.00.
- The 4-hour chart for Dogwifhat shows that the price is consistently rejected at the resistance trendline, currently trading 47.40% lower than its peak of $4.85.
- Despite a drop to the crucial support trendline below the 200D EMA at $2.29, there is bullish momentum building, surpassing the $2.50 mark.
- The bullish momentum looks to challenge the death cross in the 4-hour WIF Price chart and confront the resistance trendline.
- If the price can maintain the $2.29 level, it may lead to a breakout rally towards $5.00.
- Increased selling pressure could push WIF's price below $2.00.
- According to Coingabbar analysis, the Dogwifhat price prediction for 2030 suggests stabilization around $20.00, with expectations of reaching $50.00 by 2040.
KEY LEVELS :
RESISTANCE LEVEL : $3.000-$3.800
SUPPORT LEVEL : $2.000-$1.400
Disclaimer: The guidance and chart analysis provided by Coingabbar on cryptocurrencies, NFTs, or other decentralized investments is purely for informational purposes and not financial advice. Users are advised to conduct their research, use their judgment, and understand the risks associated with financial instruments. Coingabbar holds no responsibility for any financial losses. The cryptocurrency and NFT markets can be highly volatile, so users should seek advice from financial professionals and evaluate their risk tolerance before making investments.
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