Dogwifhat Price Prediction: WIF Plummets 10% As This New SOL Meme Coin Rival Raises Over $19.1 Million In Presale
The Dogwifhat price plunged over 10% in the last 24 hours to trade at $0.6241 as of 9:58 p.m. EST as investors decrease their exposure to the Solana meme coin. With this recent drop in the WIF price, the crypto’s weekly performance has been pushed more than 10% into the red as well. Dogwifhat Price Resting On Support Daily chart for WIF/USDT (Source: GeckoTerminal ) The Dogwifhat price has been in a negative trend over the last couple of weeks, resulting in the formation of a long-term descending channel, GeckoTerminal data shows. Now, the meme coin is resting on the support level at $0.5334. A drop below this technical safety net might lead to the altcoin plunging to the next key support at $0.1676 in the short term. On the other hand, a more bullish scenario might see the Dogwifhat price break above the closest resistance level at $0.8383, which is also confluent with the upper boundary of the bearish price channel. A daily candle close above this technical barrier could...