The post Dogwifhat Price Prediction: Bullish Wedge Breakout Sets Stage for Massive $5 Surge appeared on BitcoinEthereumNews.com.

Dogwifhat (WIF) has returned to the spotlight with a renewed surge in price and momentum, signaling a possible continuation of its bullish structure. A recent breakout from a recurring wedge formation has pushed WIF above the psychological $1.00 threshold, marking a technical shift in market behavior. With momentum indicators and volume metrics supporting the move, analysts are now closely watching resistance zones and extended upside targets. Reversal Patterns Reinforce Bullish Structure Technical insights from analyst @Attalos_Brgm highlight a series of falling wedge breakouts on the WIF/USDT chart, beginning with a pronounced downtrend from late 2024. That trend was confined within a descending wedge pattern until a breakout occurred in April 2025. A secondary, shorter-term falling wedge emerged in June and resolved upward, reinforcing the broader reversal narrative. These repeated breakout structures form the foundation of a gradually strengthening bullish trend. Source: X Currently, WIF is trading near $1.04 after breaching resistance around the $1.00 mark. Price action has shown consistently higher lows, with $1.03–$1.05 now acting as a resistance band under test. Future resistance zones identified at $1.20 and $1.79 represent interim targets, while a sustained breakout above those levels could open the path toward higher projections. According to the chart shared, the pattern’s extension aligns with a potential rally toward $3.57, implying a substantial upside if current conditions persist. Volume and Market Data Validate Breakout Potential In addition, the 24-hour chart confirms a positive trend, with WIF recording a 2.09% gain to reach a high of $1.06 before stabilizing at $1.04. This movement came after an intraday low of $0.96, reflecting increased market activity during key sessions. High volatility was observed between 16:00 and 18:00 UTC, where two price spikes signaled heightened demand. Trading volume remained strong throughout the day, with a reported $645.73 million in 24-hour activity. Source:…

---

Filed under: News - @ July 17, 2025 3:28 am