WIF’s Bullish Surge: Will It Break the $1.30 Ceiling or Just Keep Dancing?

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TL;DR

  • WIF decides to challenge the $1.02-$1.04 resistance like a brave hero in a melodrama. Analysts eyeing $1.3 as the new shiny object on the horizon.
  • Active addresses suddenly decide to show up again, recovering from their early August nap, just in time for a price rebound towards the $1 level.
  • Volume up 28% to $1.8B, because, well, who doesn’t love a good trading party? Open interest also rising by 13%, showing that more people are getting their hands dirty.

The Price Breakout From the Broadening Wedge

In the latest spectacle, Dogwifhat (WIF) is prancing around at $1.04 after an impressive 17% surge in the last 24 hours-yes, you read that right, 17%. It’s like a surprise plot twist nobody saw coming. Over the week, it’s up 20%. Trading volume for the last day? A cool $401.3 million, because why not?

CryptoBull_360-our crystal ball of crypto-says WIF is “primed for a good breakout” from a broadening wedge on the 4-hour chart. A breakout, indeed, and we’re all waiting for the fireworks. 💥

The 1-hour chart shows WIF breaking through resistance at $1.02-$1.04 like a daring stuntman, making its way from $0.9. The potential target from this breakout? A glorious $1.3-23% more of what we see now. Not bad for a day’s work, huh?

#WIF ready for a breakout from the broadening wedge pattern on the 4-hour TF, Keep your eyes glued to $WIF #WIFUSDT #BOME #DOGE #SHIB #meme

– CryptoBull_360 (@CryptoBull_360) August 13, 2025

Resistance and Support Levels: The Ultimate Tug of War

CW, the grand observer of charts, notes that WIF is “breaking through the first sell wall,” which sounds dramatic enough to be a movie trailer. On the 4-hour chart, we see the price entering a fiery red zone of resistance between $1.04 and $1.08. It’s like trying to break through a force field-beyond that, more resistance waits up to $1.25. Challenge accepted, right?

Support is chilling around $0.90-$0.93, where WIF previously decided to bounce back like a boomerang. If it stays above the breakout zone, the bull momentum might just keep galloping. 🐎

The Bollinger Bands are flexing their muscles on the daily chart. Price is chilling above the middle band at $0.969, indicating strength-yay, go WIF! The upper band, around $1.112, is the next big boss to face. Meanwhile, the Awesome Oscillator is sending mixed signals at -0.031, suggesting short-term consolidation. Could be time for a breather before the next big push.

Network Activity and Market Data: The Popularity Contest

According to Glassnode, 4,745 active addresses popped up on August 12. In late July, we had a peak above 6,000, then it dipped below 2,500 in early August, but-drumroll-now they’re making a comeback, lining up nicely with the price surge from $0.85-$0.90 to the majestic $1 level.

CoinGlass reports a thrilling 28% rise in trading volume to $1.8 billion. Open interest? Up by 13% to $421 million. More people are joining the WIF party. 🍾 As WIF approaches resistance, it seems like the crowd is only getting bigger. Everyone loves a good breakout story, right?

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2025-08-13 22:37