Dogwifhat Price Prediction: WIF Plunges 9% As This New Solana Layer-2 Crypto Presale Goes Parabolic
The Dogwifhat price plunged over 9% in the last 24 hours to trade at $1.69 as of 10 p.m. EST as investors adjust their portfolios to pare holdings of the canine-themed meme coin. With the latest drop in the WIF price, the crypto’s weekly performance has been pushed deeper into the red zone. As a result, the Dogwifhat price is down more than 11% on the 7-day time frame. Dogwifhat Price Consolidates After A Negative Trend 1-hour chart for WIF/USD (Source: GeckoTerminal ) The Dogwifhat price has entered into a consolidation phase between $1.6462 and $1.7534 in the last few hours. This comes after the meme coin has been in a negative trend over the past couple of days. Should the crypto drop below the $1.6462 support level in the coming 6 hours, WIF might fall to the next technical crutch at $1.5055. The bearish thesis might be invalidated if traders identify the meme coin’s current price as a buy opportunity. In this alternative scenario, the Dogwifhat price could end up...