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Market Direction

WIF price prediction today: Will it retest $1.30 soon?

Published: Sep 5, 2024
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  • WIF doesn't look to positive from a TA perspective here.
  • Following the break below the $1.50 to $1.60 zone, WIF rebounded from the late $1.30's and is now running in to local resistances of the underside of the local uptrend line and the $1.60 area.
  • In order for WIF to see more sustained upside, it'll need to reclaim above $1.90, which we don't expect in the immediate term.
  • We do note that price is moving closer to the local downtrend line that could help price breakout higher in the coming week or two.
  • To the downside, the $1.20 to $1.37 zone (range) should act as support if price does pull back more substantially again.
Dogwifhat SOL USDT price chart showing key support and resistance levels, trend lines, and RSI indicator for market analysis.

Whilst price here looks attractive if you have a long-term perspective, we're also not ruling out a retest of the $1.30's in the coming month. A retest of $1.20 to $1.37 would be a strong buy zone for us, with a view to holding for the next 6-9 (maybe even 12 months). For now, we're remaining concentrated in our portfolio, and we still really like WIF long-term. The key to the next month or so, will be just riding out the volatility and not getting cut up by it, and in the meantime, continuing to add towards the low end of the ranges.

Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.


What is Dogwifhat: Dogwifhat (WIF) has emerged as the leading meme token of this cycle within the dog category. Inspired by the viral "dog wif a hat" meme, this playful token captures the essence of internet culture while riding the wave of Solana's growing popularity. At Cryptonary, we're particularly bullish on Solana this cycle, and WIF aligns perfectly with this Meme supercycle sentiment along with being on the Solana Chain, making it a significant asset in our portfolio.

WIF’s ATH is $4.85. We hold WIF at an average price of $0.03 because we believe in its potential as the dominant meme token in the dog category this cycle.

How to buy WIF:

  • Via Phantom Wallet:
    1. Deposit Solana tokens by copying your Phantom wallet address and transferring funds.
    2. Swap tokens within the wallet by selecting WIF, setting slippage tolerance, and confirming the swap.
  • Via Centralized Exchange (CEX):
    1. Choose a CEX that lists WIF like Binance, OKX, or ByBit.
    2. Create and verify your account.
    3. Deposit funds.
    4. Go to the WIF trading section and purchase WIF.
Contract address: EKpQGSJtjMFqKZ9KQanSqYXRcF8fBopzLHYxdM65zcjm

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