WIF Holds Above $0.75 as Analysts Watch $1.38 for Bullish Breakout

Generated by AI AgentCoin World
Friday, Aug 15, 2025 6:29 pm ET1min read
WIF
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Aime RobotAime Summary

- Dogwifhat (WIF) holds above $0.75 support, with analysts tracking $1.38 resistance as a key bullish trigger.

- Technical analysis shows WIF forming a triangle pattern, with a potential $2.00 breakout if $1.38 is decisively breached.

- Current indicators (RSI: 47.10, MACD: -0.0003) suggest neutral momentum, while Binance volume hit $87.5M despite recent 8.72% price decline.

- Projected price targets include $1.50–$2.10 after clearing $1.08–$1.18 thresholds, with $3.00 retest possible if $2.10 becomes new support.

Dogwifhat (WIF) remains above the $0.75 support level, with analysts closely monitoring the $1.38 resistance as a potential trigger for the next bullish wave. Current price action suggests the market is consolidating, with WIF trading at $0.9195 as of the latest update. Technical indicators and volume patterns indicate a possible upward trend, particularly if the price moves past the key $1.38 level [1].

According to analysis from Crypto Monkey, WIF has been trading between $0.60 and $3.00 on a weekly chart from February 2024 to August 2025. The token reached a peak near $3.00 in early 2025 before retreating to $0.55 in April 2025, followed by a recovery to $1.25 in June. The $0.75 support level has held consistently, with recent consolidation observed around the $0.95 pivot point. A clear breakout above $1.38 is expected to set the stage for a more substantial rally [1].

Ali Martinez, another market observer, notes that WIF is forming a triangle pattern, with a bullish breakout toward $2 still possible. The $1.38 level is considered a critical threshold. While previous attempts to breach this level have been met with selling pressure, a successful move could lead to higher price targets [1].

Current technical indicators show the RSI at 47.10, indicating neutral momentum, while the MACD histogram stands at -0.0003, suggesting weak bearish momentum. WIF remains within its

Bollinger
Bands at a 0.41 position, suggesting potential for an upward move toward the upper band at $1.08. Recent trading volume on Binance reached $87.5 million, despite an 8.72% decline in the asset’s value over the past few days [1].

Analysts project that if WIF breaks above the $1.08 upper Bollinger Band and the immediate resistance at $1.18, the price could move toward the $1.50–$2.10 range. Should $2.10 become new support, the bullish scenario strengthens further. A successful breakout above $1.38 could lead to a retest of early 2025 highs near $3 [1].

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Source: [1]

Dogwifhat
Holds Above $0.75 as Analysts Track $1.38 Breakout Trigger for Next Bullish Wave (https://cryptofrontnews.com/dogwifhat-holds-above-0-75-as-analysts-track/)