Dogwifhat (WIF) Faces Correction, Analysts Forecasts Rise To $4.5

The Dogwifhat coin has been consolidating between $2.94 and $3.53 in the last seven days. According to price info from CoinMarketCap, the value of Dogwifhat (WIF) had dropped by 7.6% in the 7-day timeframe.

Cryptocurrency prices today: Top memecoins poised for gains

March 22, 2023 - 09:08 AM

The crypto market is showing a mixed trend today. While some coins are making gains, others are facing a slight dip in their value. Here are some updates on Dogecoin, Dogwifhat, and Lunex Network.

Dogwifhat (WIF) Faces Correction, Analysts Forecasts Rise To $4.5

The Dogwifhat coin has been consolidating between $2.94 and $3.53 in the last seven days. According to price info from CoinMarketCap, the value of Dogwifhat (WIF) had dropped by 7.6% in the 7-day timeframe. The memecoin also has a loss of 1.6% on the 14D chart.

This poor price movement comes as the Dogwifhat token faces resistance around the $3.4-$3.5 region. Meanwhile, the listing on Robinhood could turn things around in the coming weeks.

CryptoJack forecasts the value of the Dogwifhat crypto might rise to $4.5 based on a cup and handle pattern. If the uptrend remains, the meme coin could climb higher to $6.5.

However, CryptoJack notes that the token must remain above the strong support at $2.9. Losing this level could throw Dogwifhat (WIF) into a bear mode.

At the moment, WIF is bullish based on its technical indicators. The Hull Moving Average (9) and Average Directional Index (14) are in the buying territory, which points to a breakout.

Dogecoin (DOGE) Reaches Critical Resistance Point, Breakout, or Dip Ahead?

The Dogecoin crypto is showing positive momentum on the price charts. The meme coin is making another attempt to climb the $0.4 resistance. Turning this region into a support area could push Dogecoin (DOGE) to new levels in the coming weeks.

CoinMarketCap price data shows DOGE is up 1.1% on the 7-day chart. In the 30-day timeframe, there is a gain of 166.7%.

Meanwhile, Ali Martinez, a market analyst, says Dogecoin (DOGE) has reached a critical point. He points out that crossing the $0.40 resistance could lead to a price increase to $0.43. On the other hand, bear movement could push it to $0.36. The analyst had earlier predicted the value of the Dogecoin token could reach $0.82 in the coming weeks.

Lunex Network (LNEX) Closing in on the $4M Funding Milestone

Lunex Network’s (LNEX) crypto ICO has been an incredible journey so far. The project has raised over $3.8 million, closing in on the $4 million milestone. Also, the $LNEX token has skyrocketed by more than 175% to trade at $0.0031.

There has been a lot of interest about Lunex because of its next-gen trading platform. The DeFi project provides token-swapping services across different blockchains. This cross-chain swap feature means that users can execute swaps at low cost and top speed without switching from one platform to another.

Also, Lunex Network has a no-KYC (Know Your Customer) policy, which allows users to remain private. This means they do not have to reveal their identity, making Lunex a safe haven for anonymous trading.

Besides, Lunex helps users avoid working with other third-party wallets like MetaMask or Phantom Wallet, as everything can be done in Lunex. By offering a fast-swapping feature and a no-privacy policy for users, Lunex Network is building a DeFi platform for all types of crypto users.

In Conclusion

The Dogecoin price USD and Dogwifhat (WIF) could reach higher price levels in the next few weeks. While DOGE could reach $0.82, WIF may rally to $4.5. Meanwhile, analysts have tagged Lunex Network as one of the best DeFi coins to buy. They have predicted that the price of LNEX could increase by 18x in this bull market.

You can find more information about Lunex Network (LNEX) here:

Website: Lunex Network

Telegram: Join Lunex’s Growing Community