dogwifhat

Spike

<p>In the analysis we did on Wednesday,<a href="https://captainaltcoin.com/best-meme-coins-to-buy-as-crypto-prices-dip-mog-pepe-wif-and-brett/" target="_blank" rel="noopener noreferrer nofollow"> we predicted that dogwifhat (WIF)</a> was approaching strong support and the price could start to recover from the $1.54 level. It eventually bounced off the support and recovered by more than 25%. The meme coin is looking ready to continue the move. But we need to consider the next possibilities.</p>
<p>Going forward, the price could continue the rally, and we may see another 20–25% spike. However, there is a strong resistance at around $2.3. That price level was a strong support, which was broken on June 17. It has now become a potentially strong resistance.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="484" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-1024x484.png" alt="" class="wp-image-521444" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-1024x484.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-768x363.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-1536x726.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-2048x968.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-317x150.png 317w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-740x350.png 740w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178-788x372.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-178.png 1963w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/layerzeros-zro-crypto-price-pumping-heres-why/" target="_blank" rel="noopener noreferrer nofollow">LayerZero’s ZRO Crypto Price Pumping: Here’s Why</a></em></strong></p>
<p>If the price is not able to break above the resistance, then we may see it return to the $1.54 level. However, if the <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin’s price breaks above it, then WIF should enter the next consolidation zone between $2.4 and 3.4.&nbsp;</p>
<p>With very strong market sentiment and a rally from the broader market, the price could quickly recover and continue a strong rally.&nbsp;</p>
<h2 class="wp-block-heading" id="bonk-at-make-or-break-level">BONK at Make or Break Level</h2>
<p>BONK is playing out differently as the price action is showing an inverse header shoulder pattern and, at the same time, a proper head and shoulder pattern.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="484" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-1024x484.png" alt="" class="wp-image-521460" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-1024x484.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-768x363.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-1536x726.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-2048x968.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-317x150.png 317w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-740x350.png 740w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180-788x372.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-180.png 1963w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>The price is currently bullish, bouncing off the shoulder of the proper head and shoulder pattern. However, it could still go in either direction. If the ongoing recovery is sustained, then we could see it rally to the head, which is around $0.000039—this is also within a large consolidation zone that started in March. Such a move will represent a more than 70% spike.&nbsp;</p>
<p>However, if it comes back to break the support, we could see a price dip of around 40% to $0.0000124. Thus, the support at $0.000020 is important for the medium-term price direction.&nbsp;</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/dogwifhat-wif-meme-coin-going-as-predicted-could-spike-another-25-bonk-trading-at-make-or-break-support/" rel="noopener noreferrer nofollow">Dogwifhat (WIF) Meme Coin Going as Predicted; Could Spike Another 25%: BONK Trading at Make-or-Break Support</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Dogwifhat (WIF) Meme Coin Going as Predicted; Could Spike Another 25%: BONK Trading at Make-or-Break Support

Table of Contents

CaptainAltcoin

Other articles published on Jul 6, 2024

The Moon Memes, a New Meme Coin, Raises $120000 in Presale – The Next 150x Meme Coin!

PawFury (PAW) Presale Skyrockets to Over $4 Million: Killer Rewards & Transparent Strategies Swoo...

Bitcoin Schadenfreude: Crypto Fans Revel in Germany’s Euro Loss

Worldwide Crypto Fever: BlockDAG’s $56.4M Presale Decimates Bitcoin Cash & Chainlink Rivals

MoonBag's Scalability Sets a Trend, Igniting Kangamoon and Cardano with Envy

Ripple’s XRP price continues to decline despite legal win against the U.S. SEC

Join our free newsletter for daily crypto updates!