Amid the broader market correction, memecoins Dogwifhat (WIF) and Dogecoin might lose the bullish sentiment in the near term. In the meantime, DTX Exchange’s key metrics indicate a strong rally in the making. Its presale count has reached nearly $7.5 million in a mind-blowing timeframe, urging investors to join this top-selling crypto network amid the broader market shift.
Dogwifhat (WIF) Price Analysis & Future Outlook
Dogwifhat (WIF) has seen considerable volatility since last Wednesday, as it pushed above crucial resistance levels. After posting a massive surge of almost 15% on Wednesday, Dogwifhat (WIF) fell back by 0.91% on Thursday following the 20-day SMA acting as resistance. Volatility increased considerably on Friday as buyers and sellers attempted to take control.
Ultimately, sellers pushed Dogwifhat (WIF) down almost 3% to $2.38. However, market sentiment picked up on Saturday as Dogwifhat (WIF) registered an increase of 7.34% to go above the 20 and 50-day SMAs and settle at $2.48. Bullish sentiment persisted on Sunday as Dogwifhat (WIF) surged over 10% to surge past $2.50 and settle at $2.74.
Source: TradingView
The current week began with bulls intensifying their influence on Dogwifhat (WIF) as the memecoin surged over 14%, moving past $3 and stopping at $3.12. Volatility increased on Tuesday after Dogwifhat (WIF) dropped to an intraday low of $2.81 before recovering and rising almost 4% to settle at $3.25.
Dogecoin Eyes Another 50% Surge as Trump Announces D.O.G.E.
Dogecoin’s technical indicators suggest another 50% price surge in the coming weeks. Notably, Dogecoin is forming a classic bullish pattern called ‘bull pennant,’ hinting at continued upward momentum. Its upside outlook aligns with President-elect Trump’s recent announcement appointing Elon Musk and entrepreneur Vivek Ramaswamy to lead a new ‘Department of Government Efficiency’ (D.O.G.E.) in his administration.
Technical Analysis
On the four-hour chart, Dogecoin is consolidating within a converging triangle pattern that appears like a bull pennant. Notably, bull pennants form after steep price rallies and resolve when the price breaks above the upper trendline and rises by as much as the size of the previous uptrend.
Source: TradingView
Dogecoin moved slowly toward the triangle’s apex as of today, anticipating a breakout above the upper trendline. If that happens, Dogecoin can surge toward $0.59, roughly 50% above the current price levels. The upside outlook coincides with a surge of interest in crypto assets, led by Bitcoin’s recent rise to its record high of over $90,000.
This Red-Hot $0.08 Altcoin Could Be The Next Solana In 2025!
DTX Exchange (DTX) has claimed the ‘top-selling’ crypto status in a short span of time since its listing in the market. The platform has gained recognition following its jaw-dropping presale performance, dominating Dogecoin and Dogwifhat (WIF) with its cutting-edge layer-1 protocol and state-of-the-art infrastructure, delivering scalability and high-volume transactions.
The platform’s ability to process 100,000 TPS makes it a standout exchange in the market. DTX Exchange offers lightning-fast execution speeds, enabling traders to seize opportunities in the blink of an eye. Such premium features ensure traders never miss a beat in the fast-paced crypto trading.
DTX Exchange’s Limited-time Presale Moves Near Completion
With every day pulling DTX Exchange (DTX) closer to its completion of presale round 4, there are only hours left before this next-generation exchange smashes all presale records and enters its next presale stage at a higher price. The platform is also eyeing a grand $0.20 listing following its successful listing on CoinMarketCap.
As the memecoin lovers remain strong with Dogecoin and Dogwifhat (WIF), DTX token holders are pumping its ongoing presale at $0.08 per token. The bullish sentiment surrounding the DTX network is spreading a positive narrative about the platform in the crypto market, driving increased growth and sales from bullish investors. Join now!
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