- WIF leads top 100 cryptos with 11.5% daily gain and $965M market cap.
- Technical signals suggest WIF may break $1 with support at $0.85 and $0.90.
Dogwifhat (WIF) has shown impressive price momentum recently, rising by nearly 12% in the last 24 hours. The token’s price fluctuated between a low of $0.8431 and a high of $1.00 during this period, currently trading close to $0.97. With approximately 999 million WIF tokens in circulation, the coin WIF Leads Top Crypto Gains with Strong Technical Recover
WIF Leads Top Crypto Gains with Strong Technical Recovery
WIF currently leads the top 100 cryptocurrencies by market capitalization in 24-hour gains, with an increase of 11.51%. The current market cap of the token is almost $965 million, which highlights its popularity and steady trading activity. WIF’s strong performance in the crypto market can be credited to increasing investor faith and confidence in its price.
🚨 $WIF (@dogwifcoin) posts the largest 24-hour gain across the top 100 cryptocurrencies by market cap! pic.twitter.com/CfU5a4NJT3
— The Solana Post (@thesolanapost) June 3, 2025
Looking at the daily chart, WIF completed five waves and these were followed by a correction in the shape of an ABC pattern. It looks like the downturn that started a few weeks ago may be coming to an end and might lead to a rise in prices. Should the token again trade within its old range, investors might become more interested, pushing the price up further.
WIF Approaches $1 with Key Support at $0.85 and $0.90
On the technical front, WIF is currently trading near $0.98 with positive momentum. The Relative Strength Index (RSI) is around 62.9, indicating that the asset is approaching overbought levels but still has room to climb. Additionally, the Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover, suggesting a continuation of the upward trend.
Key support levels to watch are near $0.85 and $0.90, which may act as strong buying zones if prices pull back. The immediate resistance and target lie near the recent high of $1.00. A successful break above this level could pave the way for further gains and strengthen the bullish sentiment.
Staying attentive to the key support areas matters for successful handling of price changes. In general, things look good for WIF at this moment based on their current technology and recent market trends.
The strong results and charts for Dogwifhat show that investors are becoming more interested in the token. As WIF gets close to the important $1 mark, people will pay extra attention to see if WIF can keep gaining and reach new record values.
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