Dogwifhat is performing well today as meme coin momentum picks up across the market. WIF price is up over 10%, trading around $1.22, and volume has exploded by more than 150% in the last 24 hours. This comes as money rotates out of Bitcoin and into riskier altcoins and WIF is one of the top performers in that rotation.
The broader crypto market is only up about 1% today, but altcoin momentum is picking up fast. According to CoinMarketCap, the Altcoin Season Index is up 235% this month, showing a clear shift in attention.
WIF has outpaced other meme coins like PEPE and FLOKI over the past week, thanks in part to renewed interest in Solana-based memes. Analysts also note that WIF price broke out of a falling wedge pattern, which lines up perfectly with the surge in volume and price action.
What you'll learn 👉
📊 WIF Price Chart Analysis
Looking at the 4-hour chart, WIF has cleanly broken above the previous resistance zone around $1.15, and that level is now acting as support.
Dogwifhat price is climbing in a strong upward channel, with short pullbacks being bought up quickly. After tapping a local high near $1.26, WIF pulled back slightly but is still trading well above its trendline and the 50 EMA.
The WIF chart shows clear signs of strength, with volume rising as price breaks out, a textbook confirmation. If WIF can stay above $1.18–$1.20, the structure remains bullish. RSI is elevated but not yet in extreme territory, suggesting there’s still room for upside.
🔮 WIF Short-Term Price Prediction
As long as the price stays above $1.15, the bulls are in control. A close above $1.26 will trigger a swift move to $1.30, the next substantial target around $1.35–$1.40. WIF price breaking below the $1.15 mark will find support around $1.05, then at the psychological figure of $1.00.
Momentum and volume are certainly on the side of the bulls currently. If market conditions remain bullish, WIF could continue powering towards new intraday highs this week.
Read Also: Kaspa (KAS) Price Prediction For Today (July 21)
🧭 Final Thoughts
Dogwifhat is one of the strongest meme coins in the market right now. With growing interest in Solana meme tokens, strong whale accumulation, and a breakout from a falling wedge, the setup looks solid.
On-chain data also supports the Dogwifhat price rally, with the top 100 wallets adding 25 million WIF since July 16, and exchange balances falling by 2%, showing long-term holding behavior.
As long as the $1.15 support zone holds, the trend is bullish. Traders will be watching for a break above $1.26 to confirm the next leg up.
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