Dogwifhat Price Prediction: Analysts See Bullish Wave Targets Beyond $2 as Breakout Builds
The post Dogwifhat Price Prediction: Analysts See Bullish Wave Targets Beyond $2 as Breakout Builds appeared on BitcoinEthereumNews.com.
Dogwifhat has recently captured analyst attention after multiple chart signals began aligning for a potential bullish continuation. Analysts on X outlined technical setups that support the view that the token could be entering the early stages of a larger upside wave structure. With market data from BraveNewCoin also showing increasing liquidity, momentum appears to be building around the meme-inspired token. Long-Term Chart Highlights Strong Accumulation Phase In a recent post, analyst Don pointed to WIF’s multi-month price structure, which shows consolidation within a defined accumulation zone. His chart illustrated a wide green box where the asset has been trading sideways, forming a potential long-term base. A strong green arrow projection highlights the possibility of a breakout rally once the consolidation resolves. Source: X This type of extended base-building phase is often viewed as constructive, as it suggests that sellers are being gradually absorbed while buyers quietly accumulate. If confirmed by a breakout above the upper boundary of this range, Don’s analysis implies that the coin could transition from a stagnant phase into an aggressive upward leg. The chart’s emphasis on a large breakout arrow underscores bullish conviction, with the chart implying that the token may be gearing up for a move that targets prior highs seen earlier in its trading history. Market Data Shows Rising Liquidity and Steady Support According to BraveNewCoin data, WIF is currently trading at $0.93, reflecting a 3.70% gain in the past 24 hours. The token’s market capitalization stands at $926.3 million, supported by a robust 24-hour trading volume of $163.3 million. With nearly 999 million tokens in circulating supply, the coin is ranked 132nd by market capitalization, showing notable traction among mid-cap cryptocurrencies. Source: BraveNewCoin Short-term data further illustrate healthy participation: intraday trading ranged between $0.89 and $0.94, with liquidity consistently above $250 million in…
Filed under: News - @ September 14, 2025 2:26 am