Bitcoin's recovery triggers a promising setup for WIF price, with a potential target of $5.00.
In the 4-hour chart, #Dogwifhat price faces consistent rejection from the resistance trendline, currently trading at a 47.40% discount from its peak of $4.85.
Despite dropping to the crucial support trendline below the 200D EMA at $2.29, bullish momentum is gaining traction, surpassing the psychological milestone of $2.50.
The bullish resurgence aims to challenge the death cross in the 4-hour WIF Price chart and confront the resistance trendline.
Maintaining the $2.29 level could lead to a breakout rally, possibly reaching $5.00.
Heightened selling pressure in the market could drive WIF's price below the $2.00 mark.
According to Coingabbar analysis, #Dogwifhat price prediction 2030 will potentially stabilize around $20.00, while Dogwifhat price prediction 2040 with expectations of a surge to $50.00.
KEY LEVELS :
RESISTANCE LEVEL : $3.000-$3.800
SUPPORT LEVEL : $2.000-$1.400
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