Dogwifhat (WIF) token is now listed on Robinhood Crypto allowing European users to easily transfer this Solana-based token. With support from analysts who expect growth for WIF, and clear technical support at $2.245, possible targets are $10 by Christmas and $42 in May 2025.
WIF Debuts on Robinhood Crypto, Utilizing the Platform for Easy E.U. Transfers
Robinhood Crypto announced the launch of WIF transfers. This means European users can now withdraw, deposit and transfer the token on the platform.
With this update, the E.U associates may now interact with the token directly from Robinhood’s crypto services beyond the offer within the Solana ecosystem.
Robinhood Crypto’s move to enter this space is highlighting the platform’s ongoing efforts to furthering their support of diverse crypto assets to European users to help broaden their offering in the crypto space.
Adding dogwifhat to the Solana token provided greater visibility and capability for the token. This may motivate more interest and adoption.
Crypto Analyst Forecasts Major Rally, Targeting $10 by December
Crypto analyst Curb has a bullish prediction for WIF and anticipates a boom in price early next year. Curb said the token could hit $10 by Christmas and even hit $42 by May 2025.
The chart also illustrates how recently the market has been holding WIF building momentum. It saw a 200+ day re-accumulation phase and a subsequent breakout and support reclamation.
From the chart, there’s a sharp upward trajectory for WIF, and support levels are looking strong and creating a base for growth.
Curb’s analysis indicates that by maintaining these technical markers, the token could quickly appreciate in price, becoming a speculative trading investment for the anticipated bull run.
Technical Analysis: WIF Poised for Rally as Price Bounces at $2.245 Support Level
The 4-hour timeframe shows WIF rebounding off a support level at $2.245, marked by a shaded pink zone. In the past this area was a solid support level, the recent bounce suggests buying again.
Trading-wise, price action puts an upside momentum in the cards with a first level resisting at $3.00 and a higher up at $4.00. If support holds, the upward red line represents an upwardly sloping price path, pointing to a bullish outlook.
MACD below the price chart is moving to a positive and the MACD line (blue) is above the signal line (orange). Often, such a crossover is a bullish signal that momentum starts to rise. Furthermore, growing green histogram bars represent rising buying pressure in the case of a potential rally.
