Dogwifhat (WIF) Crosses Upper Resistance Of Channel, Aims $3 Mark

Launched in January this year, Dogwifhat (WIF) has made its name in the memecoin market. Dogwifhat (WIF) has caught the attention of memecoin traders with a breakout from the declining channel pattern.

Recent gains in the NEIRO price have caused many investors to experience FOMO. The NEIRO price has increased by almost 11,000% since the beginning of the move. One expert trader who caught a 7,500% move is once again betting on three coins—DTX Exchange (DTX), Dogwifhat (WIF), and Cardano (ADA). These coins have shown great relative strength in the present market and can achieve returns like NEIRO.

Dogwifhat (WIF) Aims For $3 Mark As It Breaks Upper Resistance Of Channel

Launched in January of this year, Dogwifhat (WIF) has made a name for itself in the memecoin market. Dogwifhat (WIF) has caught the attention of memecoin traders with a breakout from the declining channel pattern. Support for the WIF price was found at the channel’s lower trendline, which also coincided with the 50-day moving average. If Dogwifhat breaks out from the $3 level, it could show momentum like the NEIRO price.

Currently, Digwifhat (WIF) has a market cap of $2.57 billion, with each token costing $2.57. In 24 hours, the WIF price dropped 2.6% while trading volume decreased 36%; this could be the profit booking from the breakout traders.

DTX Top Contender For Big Returns

With the listing on CMC, DTX Exchange (DTX) has been a priority for every expert trader. NEIRO traders who made millions from NEIRO price appreciation have the biggest allocation in DTX Exchange in their portfolios. DTX could do something big in this rally because it bridges the gap between centralized and decentralized exchanges.

Financial giants like Blackrock have entered the Web3 space, yet a platform combining traditional assets—such as stocks, bonds, and equities—with decentralized assets like cryptocurrencies is still missing. DTX Exchange is filling this gap with its innovative hybrid technology.

Using advanced Layer1 blockchain technology, DTX Exchange delivers a seamless, unrestricted, and engaging trading experience. It also fosters a collaborative environment where experienced investors help traders navigate the fast-evolving crypto market to trade more effectively.

The third presale round closed early, ahead of schedule. DTX has raised over $6.2 million across all rounds. The token price rose from $0.02 to $0.08 during this period, reflecting strong initial interest in the platform’s unique offerings. Analysts expect 70X gains in DTX presale by the end of 2024.

Traders Waiting For Reversal Play In Cardano (ADA)

Many traders who bought ADA on the September breakout are trapped with price dipping below the breakout level. Cardano (ADA) has been hovering around the $0.33-$0.4 range for the last four months, while other major cryptocurrencies have gained higher levels.

A swift breakout from the psychological level of $0.4 with above-average volume is needed for new highs in Cardano. Cardano might not replicate the NEIRO price’s gains but could be a potential ADA reversal play.

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