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The cryptocurrency market has been experiencing a highly volatile period since early February, but signs of recovery emerged this week. Notably, significant gains have been reported in the memecoin market. The TRUMP coin and Dogwifhat (WIF) memecoins have attracted investor interest due to their recent performance. Following Arthur Hayes’ latest comments, there has been speculation about whether the current price movements of these two memecoins represent an opportunity. This article provides a detailed market analysis of TRUMP and WIF coins.
TRUMP Memecoin Receives Bullish Signals
TRUMP coin has surged by 19% in the last 24 hours, reaching a trading volume of $2.47 billion. Since the beginning of the year, the memecoin has increased by 196%, bringing its market capitalization to $3.84 billion. With a 200% price increase over the last 30 days, TRUMP coin presents new targets for investors.
Technical indicators suggest that the memecoin’s upward trend may continue. The 50-day moving average (EMA) is preparing for a positive crossover, while the MACD indicator confirms increased buying pressure. If the bullish market persists, TRUMP coin could break the $21.80 resistance and rise to $31.05. However, if the market turns negative, there is a risk of the price falling to $12.05.
Hayes pointed out that memecoins like TRUMP could play significant roles in political advertising. He predicted that political figures may leverage such memecoin projects in the 2026 U.S. elections.
WIF Coin Experiences Price Fluctuations
WIF coin recorded a strong recovery after a brief downward trend. Within four hours, the memecoin saw a 20% increase, while trading volume also rose by 15.52%. This SOL-based WIF has once again caught investors’ attention with this volatility.
Technical analysis shows positive signals from the MACD for the memecoin, while the 50 and 200-day moving averages are signaling a decline. This indicates that WIF coin price may exhibit a mixed trend in the short term. If the upward movement continues, WIF coin could reach the $1.3280 resistance level. However, if selling pressure increases, the price might drop to the critical support level of $0.50.
