#Bitcoin's price demonstrated resilience around the $70,000 mark, positively impacting meme coins like #Dogwifhat.
WIF experienced notable price fluctuations over the past week, ranging from $1.96 to $3.35.
A recent pivot from the lower boundary on March 23rd led to a 50% increase within five days.
The ongoing recovery of WIF's price can be tracked through a 4-hour time frame chart's ascending trendline.
However, $WIF faced significant supply pressure at the $3.55 resistance level, as indicated by a rejection candle in the 4-hour chart.
Crossing the $3.26 resistance might signal a bullish resurgence, potentially driving the price towards the $3.55 record high and even reaching the $5.00 resistance level.
Conversely, a trend reversal could push $WIF back to the $3.00 foundational support, with further downside potentially leading to the $2.00 support zone, indicating a bearish outlook.
According to Coingabbar's analysis, #Dogwifhat price prediction 2030 hovers around $10.00, while Dogwifhat price prediction 2040 with expectations of a surge to $50.00
KEY LEVELS :
RESISTANCE LEVEL : $5.00000-$7.00000
SUPPORT LEVEL : $2.00000-$1.00000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
