{"id":10214,"date":"2025-07-21T19:09:04","date_gmt":"2025-07-21T19:09:04","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=10214"},"modified":"2025-07-21T19:10:33","modified_gmt":"2025-07-21T19:10:33","slug":"dogwifhat-jumps-30-after-major-buy-is-a-breakout-to-2-30-on-the-horizon","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/07\/21\/dogwifhat-jumps-30-after-major-buy-is-a-breakout-to-2-30-on-the-horizon\/","title":{"rendered":"Dogwifhat Jumps 30% After Major Buy Is a Breakout to $2.30 on the Horizon?"},"content":{"rendered":"\n<p>Dogwifhat (WIF), the popular Solana-based memecoin, is grabbing attention again after a sharp price jump. The token surged more than <strong>30%<\/strong> following a significant purchase by <strong>WIFStrategy<\/strong>, a digital asset firm that focuses solely on Dogwifhat. On <strong>July 13<\/strong>, the firm scooped up <strong>500,000 WIF tokens<\/strong>, helping fuel a bullish wave of momentum.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Breakout Watch: Cup-and-Handle Pattern in Play<\/h3>\n\n\n\n<p>On <strong>Monday<\/strong>, WIF spiked <strong>12%<\/strong>, breaking out of a rising channel and briefly hitting a local high of <strong>$1.30<\/strong>. While it\u2019s since cooled slightly to about <strong>$1.22<\/strong>, the price remains above the breakout level a key signal of ongoing strength.<\/p>\n\n\n\n<p>What\u2019s more, WIF is inching closer to completing a <strong>cup-and-handle pattern<\/strong>, a classic bullish chart formation. The resistance (or &#8220;rim&#8221;) of the cup sits at around <strong>$1.32<\/strong>, meaning WIF is just <strong>7.5%<\/strong> away from a possible breakout. If the price clears this level, the next major target could be <strong>$2.30<\/strong> a move based on the measured depth of the cup pattern.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key Levels to Watch<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Immediate resistance<\/strong>: $1.32 (cup rim breakout level)<\/li>\n\n\n\n<li><strong>Support<\/strong>: $1.20 (upper boundary of the previous ascending channel)<\/li>\n\n\n\n<li><strong>Deeper support<\/strong>: $1.10 and $1.00 (lower trendline of the ascending channel)<\/li>\n<\/ul>\n\n\n\n<p>Losing the $1.20 level could weaken the bullish setup and open the door for a pullback toward the $1.10 or even $1.00 range.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Behind the Rally<\/h3>\n\n\n\n<p>WIF&#8217;s recent strength isn\u2019t just technical. The token also got a boost in <strong>June<\/strong> when it was listed on <strong>Bithumb<\/strong>, one of South Korea\u2019s largest crypto exchanges. That listing helped reverse a months-long downtrend and may have laid the groundwork for the current uptrend.<\/p>\n\n\n\n<p>The <strong>WIFStrategy purchase on July 13<\/strong> was another major turning point. The market responded quickly, pushing WIF up <strong>30%<\/strong> from that day\u2019s opening price to the peak of $1.30.<\/p>\n\n\n\n<p><strong>Bottom Line<\/strong><\/p>\n\n\n\n<p>With a bullish technical setup, growing market interest, and whale accumulation from WIFStrategy, Dogwifhat looks poised for a potential breakout. If it clears the critical $1.32 resistance, the next stop could be $2.30 making WIF one of the most closely watched memecoins in the market right now.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dogwifhat (WIF), the popular Solana-based memecoin, is grabbing attention again after a sharp price jump. The token surged more than 30% following a significant purchase by WIFStrategy, a digital asset firm that focuses solely on Dogwifhat. On July 13, the firm scooped up 500,000 WIF tokens, helping fuel a bullish wave of momentum. Breakout Watch:&#8230;<\/p>\n","protected":false},"author":3,"featured_media":10215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[1202,1456],"class_list":["post-10214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-dogwifhat","tag-wif-strategy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dogwifhat Jumps 30% After Major Buy Is a Breakout to $2.30 on the Horizon? - Crypto News<\/title>\n<meta name=\"description\" content=\"Dogwifhat (WIF) jumps 30% after major buy by WIFStrategy. With a bullish cup-and-handle forming, WIF eyes a breakout to $2.30. 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