Dogwifhat Price Prediction: WIF Plunges 8% As Investors Rush To Buy This Meme Coin Rival With Time Running Out
The Dogwifhat price plunged over 8% in the last 24 hours to trade at $3.06 as of 11:09 p.m. EST as investors offload their holdings in the Solana meme coin on the market. With the latest drop in the WIF price, the altcoin’s weekly performance has been pushed into the red zone. WIF is now down more than 5% over the past 7 days as a result. Dogwifhat Price Approaching The $2.7712 Support 4-hour chart for WIF/USD (Source: GeckoTerminal) The Dogwifhat price has printed a series of lower lows and lower highs on its 4-hour chart throughout the past few days, resulting in the formation of a descending price channel. Should the meme coin continue this downward trend, it could be at risk of testing the immediate support level at $2.7712. Persistent sell pressure might even lead to WIF plunging to $2.1763. However, the Dogwifhat price overcoming the major resistance level at $3.3983 could bring an end to the meme coin’s drop. Breaking above this technical barrier will place WI...