Dogwifhat (WIF) Price Flips Bullish: This Chart Shows There’s a “Long Way to Go”

Dogwifhat (WIF) is starting to show real strength again. After weeks of going sideways, WIF price has finally broken out of a falling wedge pattern, and the upside potential is looking strong according to its chart.

Crypto Charts (@Cryptokartha on X) pointed out that “$WIF has started strong with 17% profit so far” and there’s still a long way to go. That’s not just hype, the chart shows some serious bullish momentum building up.

WIF Price Pattern Is Repeating and That’s Big

If you look at the chart shared by Crypto Charts, WIF just completed a breakout from a downward channel, similar to a move it made earlier this year. Back then, dogwifhat price pumped by over 200% going from around $0.42 to above $1.30 in a matter of days.

Now we’re seeing almost the same setup again. The wedge is there. The breakout has started. And the projection box on the chart suggests that WIF price could spike another 113% from the breakout point. That would push WIF closer to the $2 level if it plays out the same way.

@Cryptokartha / X

The current price of dogwifhat is around $0.96 and momentum is clearly on the buyers’ side. If the market follows the same trend as it did after the last breakout, things could get explosive fast.

The breakout in dogwifhat price is coming at a time when several altcoins are beginning to show strength again. Bitcoin dominance is dipping slightly and some of that capital is flowing into meme coins and low cap tokens like WIF.

This makes the timing even more important. If the broader altcoin market continues to run, WIF could benefit from the same energy. And if buyers keep stepping in, the projected 100% plus move could happen much faster than expected.

What To Watch Next for WIF Price

The key now is whether the breakout holds. As long as the price stays above the wedge resistance it just broke, there is a good chance the uptrend will continue.

Read Also: Top Analyst Predicts XRP Could Overtake Bitcoin: Here’s What Needs to Happen

If dogwifhat can flip $1 into support, it could set the stage for that full 113% move. That would take WIF price to around $2.03 based on the projection shared by Crypto Charts.

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The post Dogwifhat (WIF) Price Flips Bullish: This Chart Shows There’s a “Long Way to Go” appeared first on CaptainAltcoin.