The post Dogwifhat Price Prediction: Bullish MACD Crossover Signals Breakout Toward $1.20 Resistance appeared on BitcoinEthereumNews.com.

A momentum shift is underway for Dogwifhat (WIF), with bullish indicators signaling the possibility of a breakout toward the $1.20 resistance zone. The token is showing resilience after a brief retracement, as buying pressure stabilizes it near $0.96. With open interest holding steady and technical signals aligning, traders are watching for a decisive move above the key $1.00 level. Price Structure Signals Short-Term Resilience On the 1-hour chart from Open Interest, WIF displayed a notable rally from the $0.83–$0.85 accumulation range to a session high above $1.08. This upward momentum, which began on July 9, was driven by aggressive buying interest, visible in the large bullish candles and elevated trading volume. However, resistance emerged at the $1.05–$1.08 level, leading to a retracement back toward $0.96. Source: Open Interest Following the pullback, the price established a series of lower highs but found support near the $0.90–$0.93 zone. This level has since acted as a critical buffer, preventing deeper declines. Price is consolidating around $0.96 as the market awaits a potential breakout. The structure suggests that bulls may be building strength below the $1.00 mark, setting the stage for renewed upside momentum if that level is breached. The open interest chart below the price action reveals sustained speculative participation. Open interest rose steadily throughout the rally and peaked in alignment with the price high. The absence of significant unwinding during the recent retracement suggests that market participants are still positioned for a potential upside continuation. A renewed increase in open interest coupled with price strength above $1.00 could confirm a continuation of the upward trend. WIF Holds Ground Despite Volatility Additionally, BraveNewCoin’s 24-hour performance data shows WIF trading at $0.96, reflecting a 1.51% decrease. Price fell as low as $0.91 before recovering to its current range, supported by consistent buying activity. The…

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Filed under: News - @ July 13, 2025 9:32 pm