Dogwifhat Explodes 80% in a Week — Is $1.80 the Next Stop?
CryptoPotato
Updated at: 4 hours ago
{"content":"Dogwifhat Explodes 80% in a Week — Is $1.80 the Next Stop?
Solana memecoin Dogwifhat (WIF) hopes to recoup $1.80 and continue its bullish surge after its breakthrough. Some experts believe fresh highs are imminent if the coin maintains above a key threshold.
Dogwifhat Gets $1
Dogwifhat has risen 190% in a month, returning to $1.00. After achieving its Q4 2024 high of $4.19 in November, memecoin has fallen 92% in five months.
Most memecoins struggled during Q1 2025 retraces after the disputed TRUMP memecoin and LIBRA token releases. WIF fell below $1.00 for the first time in a year.
The crypto market recovered from last month's pullbacks, and dogwifhat reached $0.60 at the end of April after hitting a 14-month low of $0.32. WIF has risen over 70% since then, recovering $1.00 resistance on Monday.
After reaching a three-month high of $1.32 four days ago, memecoin has traded between $1.00 and $1.20 this week. After rebounding from $0.95 on Thursday, it retested the previously regained level as support.
After recent performance, market analyst Rose Premium issued a positive technical forecast for the cryptocurrency. The trader said dogwifhat had “a classic bullish structure after rebounding from the Fibo Zone,” between $0.95 and $0.98.
If the memecoin maintains $1.00, WIF's trend should continue. This might push the token to $1.15, $1.26, and $1.37.
Trader Coinvo said WIF's “classic break and re-test pattern” would send memecoin prices soaring. The Moon Show expert Carl Runefelt said dogwifhat is “potentially ready to continue its rally to new highs.”
The chart shows WIF in a symmetrical triangular pattern over the previous week, with price breaking out of the top limit after rising above $1.05.
The formation predicts $1.80 for the cryptocurrency if it breaks out. This horizontal level was a major rebound place during the 2024 retraces and might boost dogwifhat to higher goals if regained.
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