Dogwifhat (WIF) Surges 14% in 4 Hours – Is a Bigger Move Coming?
2025-01-29
Category: None

Dogwifhat (WIF) has jumped over 14% in just 4 hours, reaching $1.34 by 12 p.m. EST, as investor interest in this Solana-based meme coin picks up. However, despite this rapid surge, WIF is still battling broader market struggles, having dropped over 7% in the past week and more than 30% in the last month.

According to GeckoTerminal, WIF recently broke through its $1.2451 support level, signaling renewed buying momentum. If it successfully pushes past $1.40, it could trigger a fresh buying wave, potentially sending the price toward $1.7045 and even $2.1221.

However, indicators are painting a mixed picture. While the EMA trend suggests downward movement, the MACD shows signs of buyers stepping in. The MACD lines are inching closer, meaning the next few hours could determine whether WIF sustains its gains or reverses course.

For now, WIF traders are eyeing the $1.40 breakout. If momentum holds, this meme coin could see another leg up. But if resistance remains strong, further consolidation may be in store.