Dogwifhat Price Prediction
Dogwifhat price analysis on the 4-hour chart shows that WIF is currently in a downtrend but there are signs of an upcoming trend reversal as the price is still trading within the boundaries of a bullish pennant.
The bullish potential of the price is further supported by the golden cross at $0.3. Moreover, the RSI crossing oversold territory could indicate an imminent trend reversal in the uptrend. WIF bulls are looking to take advantage of these factors, which could push the price higher as they target $5.5.
However, if the bears continue to apply more pressure, the price could decline via a retracement, which could lead the bulls back to $3.04, in line with the 200-day moving average.
Meanwhile, investors are also buying $DOGEVERSE as they aim to take advantage of the excitement surrounding International Dog Day on April 20. The hot meme token has raised $1 million just two days after its listing and has already completed the first phase of presale.
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