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coinpedia 2025-01-04 08:35:59

Dogwifhat (WIF) Price Could Surge 840% in 2025, Predicts Economist Henrik Zeberg

Dogwifhat (WIF) Price Could Surge 840% in 2025, Predicts Economist Henrik Zeberg

The post Dogwifhat (WIF) Price Could Surge 840% in 2025, Predicts Economist Henrik Zeberg appeared first on Coinpedia Fintech News Economist Henrik Zeberg has made a bold prediction for the Solana-based memecoin Dogwifhat (WIF), suggesting that it could see a massive price surge of up to 840%, potentially reaching as high as $19 from its current price of $2.02. Zeberg points to several technical indicators that are showing signs of an impending rally, similar to the setup Bitcoin experienced before its explosive run in November. With Bitcoin’s rise meme coins tend to rise and WIF is one of the hot meme coins traders are looking at. Let’s see what the technicals say about the Dogwifhat (WIF) journey in 2025. WIF Price Rally Possible.. If Zeberg highlights key technical factors that suggest WIF is on the verge of a significant price increase. He observes a positive divergence in the Relative Strength Index (RSI), which indicates that buying momentum is building despite the price action. Plus, the Moving Average Convergence Divergence (MACD) is about to cross in a bullish manner, further suggesting an upcoming upward movement. The Relative Vigor Index (RVGI) is also trending higher, which signals increasing buying interest. These technical signals, combined with the price pushing into a descending wedge pattern, lead Zeberg to believe that WIF is entering the final phase of a larger wave structure, specifically wave 3, which could boost the price to new heights. The bullish sentiment came after a Golden Cross pattern appeared, where the short-term 13-day moving average crossed above the longer 49-day moving average. This is a sign that prices could rise. However, for the trend to be confirmed, the price needs to break through the $2.467 resistance level. Moreover, the open interest for WIF is at $445.64 million, which has gone up by 4.29%. This steady increase since November shows that more people are getting involved and expect the price to be more volatile soon. Dogwifhat on a Rising Path WIF is moving strong with a 13% surge in the last 24 hours, showcasing investor confidence. Zeberg believes that this is a signal of the big rally on the way where WIF can go as high as $19 with a whopping 840% increase from its current price, making it a highly attractive investment choice for traders to gain maximum profit. Altcoins Show Bullish Signals Despite Market Conditions In addition to his focus on WIF, Zeberg has shared his broader outlook on the crypto market. He believes that altcoins are showing strong bullish signals, with the first phase of Bitcoin dominance (wave 1) already underway. However, he expects the real altcoin rally to take off in wave 3, which is already starting. Despite the challenges posed by macroeconomic conditions, Zeberg is confident that altcoins like WIF are poised for a significant rally. He advises traders to stay on the right side of the trade to capitalize on the potential gains ahead.

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