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Dogwifhat (WIF) and Ethereum (ETH) Price Action Exposes Crypto’s Next Big Moves

Dogwifhat (WIF) and Ethereum (ETH) Price Action Exposes Crypto’s Next Big Moves

Author:
CoinTurk
Published:
2025-05-16 10:53:50
6
1

Crypto’s meme coin darling and smart contract king are painting wildly different pictures—here’s what the charts won’t tell you.

The WIF phenomenon: When hype defies gravity

Dogwifhat’s 300% quarterly surge laughs at ’overbought’ signals while TradFi analysts clutch their Excel sheets. Meanwhile, Ethereum’s grinding ascent reveals institutional accumulation—quiet but relentless.

ETH’s silent dominance play

While degens chase green candles, Vitalik’s network quietly processes 3x more value than Visa. Layer-2 adoption hits escape velocity as gas fees plummet below $0.10. The ’flippening’ chatter starts sounding less like hopium.

The cynical take: Wall Street will ’discover’ these trends just in time to sell them back to you at 3x the price. As always.

WIF and ETH Forecasts

WIF Coin has maintained its presence in discussions, reaching a substantial number of investors. Like many altcoins, it has experienced volatility over the past six months. Although the analyst known as Sherpa highlighted an entry point in a previous analysis, he mentioned having missed the opportunity. Nonetheless, the chance for entry has not yet vanished.

According to the analyst, the base of the area marked on the chart may be tested, potentially initiating a rally targeting $1.32. The region above $0.82 may present an attractive entry point.

“I barely missed my initial entries with WIF, which is quite embarrassing. I’ll remain patient and won’t rush into positions. Given the current high volatility, caution is paramount.”

Ethereum (ETH)$2,595 has reclaimed $2,600 today while successfully holding the $2,400 level during the previous day’s dip. However, with the $2,700 resistance still unbreached, and as investors remain wary of deeper dips, a strong sense of caution prevails among altcoin holders. Poppe addressed the question, “What should we expect for ETH?” today.

“Currently, we’ve witnessed the first significant upward move. With volatility at its peak, we should anticipate some consolidation before proceeding further. Below $2,400 offers a buying opportunity before the next breakout.”

Yet, if closures occur above the $2,700 resistance, this could trigger quick entries across altcoins.

Bitcoin (BTC)

The leading cryptocurrency hovers around $103,500 and ROSE to $104,466 within the last 24 hours. Analyst Washigorira shared his short-term outlook, highlighting a significant reaction from the daily Fair Value Gap, indicating the price has avoided declines. As long as the FVG region is maintained, a bullish trend is anticipated to continue.

The lower wick NEAR $100,700 may have exhausted sellers, but the point where bulls are expected to find increased momentum is $105,800. Surpassing this level will set into motion a move targeting $120,000.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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