Dog Wearing Hat Price Prediction: WIF Soars 14%, But Is This Solana Meme Coin The Best Crypto Buy Right Now?

Dogwifhat price has risen by 14% in the past 24 hours to $3.69 as investors pile into the Solana memecoin. WIF has already performed well on longer timeframes, with the 24-hour gain bringing it up by 30% in the past seven days and 20,33% in the past year.
Dogwifhat price is attempting to break above the $3.6773 resistance level. If it succeeds in breaking above this level, the memecoin could have the technical foundation to enter an uptrend. However, rejection from this technical resistance could cause WIF to drop to the immediate support level of $3.3488 over the next 24 hours. If the altcoin drops to this level, continued selling pressure could drop the Dogwifhat price to $2.9774 in the near term.
Technical indicators on WIF’s 4-hour chart suggest that the meme coin could continue to rise over the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators are showing bullish signs. The RSI has risen above 70. Since RSI values above 50 indicate bullish strength, the current values could indicate that buyers are overpowering sellers on WIF’s 4-hour chart.
Meanwhile, the MACD line is crossing above the MACD signal line. Traders often view the former above the latter as an indicator that cryptocurrencies are in a positive trend. As the gap between the two lines widens, the positive momentum of WIF seems to be getting stronger.
Traders will be keeping a close eye on the RSI over the next 12 hours as it warns that WIF is currently overbought. This is often seen as a sell signal given that the cryptocurrency has more downside potential than upside potential. If traders enter a short position on WIF over the next 12 hours, it could cause the cryptocurrency’s price to test the aforementioned $3.3488 support level.
As Dogwifhat price attempts to break resistance, traders and investors are eyeing new Solana memecoin ICO project Sealana for 10x gains.
Investors have poured millions of dollars into the Solana memecoin and Solana token presale. Well-known projects such as BONK and WIF have led the charge in the active Solana memecoin space. Now, Sealana is looking to capitalize on the investor frenzy. As a seal-themed token, SEAL is looking to break out in the lighthearted cryptocurrency space, which has been dominated by canine-themed tokens.
From the beginning, SEAL has attracted the attention of big players. Within just a few minutes of being launched, the Sealana ICO attracted $100,000 in investments. Large investors are not the only ones betting on SEAL. Crypto YouTuber Tyler Hill told his 919,000 subscribers in a recent video that he was "crazy" about investing in the new Solana meme coin. He then speculated that the altcoin has the potential to generate huge returns for investors and said that Sealana may be one of the best "degen plays" on the market right now.
More than $3.1 million has been sent to SEAL's ICO. Anyone who wants to buy SEAL at this early stage can do so through a simple purchase widget embedded on the project's website. Investors can acquire the token using ETH, USDT, BNB, SOL, or a bank card.
Buy the official SEAL website here.
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