{"id":83193,"date":"2025-07-23T16:10:09","date_gmt":"2025-07-23T16:10:09","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83193"},"modified":"2025-07-23T16:10:09","modified_gmt":"2025-07-23T16:10:09","slug":"dogwifhat-wif-set-for-liftoff-is-3-7-in-play","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83193","title":{"rendered":"Dogwifhat (WIF) Set for Liftoff: Is $3.7 in Play?"},"content":{"rendered":"

TL;DR<\/p>\n

Dogwifhat forms a classic cup and handle pattern, setting stage for possible breakout rally.<\/span>
\nAnalyst sees WIF breakout targets at $1.75, $2.20, $2.85, and $3.70 if structure holds.<\/span>
\nWhale buys and rising Open Interest fuel bullish momentum as the price reclaims the $1.20 neckline.<\/span><\/p>\n

Pattern Suggests Shift in Trend<\/h2>\n

Dogwifhat (WIF) is trading near a key level after forming a cup and handle on the daily chart. This setup began in March with a rounded base and continued with a sideways range into July. The price now sits just above the neckline between $1.20 and $1.25.<\/span><\/p>\n

At press time, <\/span>WIF<\/span><\/a> trades at $1.23, showing an 11% increase in the past week. If the price stays above this level, it may confirm a breakout. Support from the 100-day simple moving average, around $0.84, has helped shape the pattern over the last few weeks.<\/span><\/p>\n

Levels to Watch Closely<\/h2>\n

Notably, the first area of support is near $1.00. Below that, the $0.84 mark lines up with the moving average. A deeper pullback could bring the price back to $0.70, which acted as a floor during earlier consolidation.<\/span><\/p>\n

If momentum continues, targets to monitor are $1.75, $2.20, $2.85, and $3.70. These numbers reflect earlier price reactions and the depth of the cup formation. Analyst Jonathan Carter wrote,\u00a0<\/span><\/p>\n

\u201cIf the pattern holds, we could see the price surge toward targets at $1.75, $2.20, $2.85, and $3.70.\u201d<\/span><\/p>\n

#WIF<\/a><\/p>\n

Dogwifhat is ready to breakout off the neckline of a cup and handle pattern on the daily chart<\/p>\n

If the pattern holds, we could see the price surge toward targets at $1.75, $2.20, $2.85, and $3.70 pic.twitter.com\/11DMO5pq9B<\/a><\/p>\n

\u2014 Jonathan Carter (@JohncyCrypto) July 22, 2025<\/a><\/p>\n\n

Trading Activity and Chart Signals<\/h2>\n

The Relative Strength Index (RSI) is now near 70. This level often shows strong demand, though it may also suggest the need for a short rest. On the volume profile, there is a lighter zone above $1.30, which could allow faster movement if the breakout continues.<\/span><\/p>\n

Open Interest in WIF futures has grown to $660 million, according to CoinGlass. That\u2019s an 11.5% increase from the previous week. More interest in futures often points to rising capital inflows from both sides of the market.<\/span><\/p>\n

<\/a>Source: Coinglass<\/p>\n

A recent purchase by the firm WIFStrategy added to the momentum. On July 13, they <\/span>acquired<\/span><\/a> 500,000 WIF tokens. The price jumped 30%, hitting $1.30 before settling near $1.22. This move pushed WIF above its earlier channel, where it remains at the time of writing.<\/span><\/p>\n

The post Dogwifhat (WIF) Set for Liftoff: Is $3.7 in Play?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Dogwifhat forms a classic cup and handle pattern, setting stage for possible breakout rally. Analyst sees WIF breakout targets at $1.75, $2.20, $2.85, and $3.70 if structure holds. Whale buys and rising Open Interest fuel bullish momentum as the price reclaims the $1.20 neckline. Pattern Suggests Shift in Trend Dogwifhat (WIF) is trading near […]<\/p>\n","protected":false},"author":0,"featured_media":83194,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83193"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83193"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83194"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}