Dogwifhat Price Breaks Out as Crypto Pro Sees It Hitting $100

Dogwifhat price could jump to $100, according to one analyst, who cited its strong technicals and fundamentals
By crispus
Updated February 3, 2025
Dogwifhat Price

Highlights

  • Dogwifhat token price has done well, rising to its highest point in five months.
  • One cryptocurrency analyst believes that the WIF price could jump to $100.
  • The coin has soared by over 187% from its lowest level in August.

Dogwifhat price rallied for three consecutive days, reaching its highest level in five months, as the cryptocurrency surge accelerated. WIF token soared to a high of $3.21, up by 187% from its lowest level since August 5 as analysts predict more gains ahead.

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Crypto Analyst Sees Dogwifhat Price Hitting $100

Crypto analysts are increasingly bullish on the WIF price as the crypto price rally gains steam, with Bitcoin sitting above $82,000. 

In an X post, Bitforce, a crypto analyst, predicted that the Dogwifhat price would jump to $100 after going nowhere for eight months. Such a move would imply a 3,233% increase from the current level. 

Dogwifhat Price Forecast
Dogwifhat Price Forecast

Such big moves are possible in the cryptocurrency industry, especially when a bull run is underway. For example, X Empire price jumped by over 3,300% between October 24 and November 10. Similarly, RabBitcoin and Peanut the Squirrel (PNUT) surged by over 250% on Monday.

Meanwhile, Dylan, another popular analyst with over 400k followers, said that the Dogwifhat price would jump to $4 by December. He pointed to an inverse head and shoulders and the harmonic XABCD chart patterns. 

WIF Price Forecast
WIF Price Forecast

Dogwifhat’s price action is being influenced by the ongoing crypto bull run and inflows into Solana meme coins. Bonk price has jumped by 43% in the last seven days, while Popcat, Cat in a dogs world, and GOAT have jumped by 30%, 31%, and 71%, respectively. Altogether, data by CoinGecko shows that the total market cap of all Solana meme coins has jumped to $15.7 billion. 

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WIF Price Analysis As It Flips Key Resistance

The Dogwifhat coin price bottomed at $1.056 in August as most coins retreated. It has now rebounded and moved above the important psychological level of $3. 

WIF has also flipped the crucial resistance level at $2.97, its highest swing on October 14, and the 50% Fibonacci Retracement level. By flipping that resistance, Dogwifhat invalidated the double-top pattern, whose neckline was at $1.88. 

Dogwifhat Price Chart
Dogwifhat Price Chart

Dogwifhat surged to the Ultimate Resistance level of the Murrey Math Lines tool. Therefore, the path of the least resistance is upwards, with the next logical target being at $4.08, the highest level in May this year. That target is about 35% above the current level and is also at the 78.2% retracement. For the Dogwifhat token to soar to $100, it will need to first flip the all-time high of $4.86.

The bullish view will become invalid if the WIF price drops below $1.88, the neckline of the double-top pattern and the ascending trendline that connects the lower highs since August 5.

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Frequently Asked Questions (FAQs)

1. Will The Dogwifhat Price Jump To $100?

One analyst believes that the WIF price will jump to $100. While this is possible, a 3,300% increase from the current level will likely take time.

2. Why Is WIF Price Surging?

The coin is rising as investors react to the ongoing crypto bull run after Bitcoin rose to $82,000 for the first time on record.

3. Which Are The Other Top Alternatives To DogWifHat?

The other popular alternatives to WIF are Solana meme coins like Bonk, Cat in a dogs World, and GOAT.
crispus
Crispus is a seasoned Financial Analyst at CoinGape with over 12 years of experience. He focuses on Bitcoin and other altcoins, covering the intersection of news and analysis. His insights have been featured on renowned platforms such as BanklessTimes, CoinJournal, HypeIndex, SeekingAlpha, Forbes, InvestingCube, Investing.com, and MoneyTransfers.com.
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