A popular economist, Henrik Zeberg, is predicting a massive price surge for the Solana-based memecoin, dogwifhat (WIF). He’s shared his forecast with his large social media following.
Zeberg’s WIF Prediction
Zeberg, using the Elliott Wave Theory, believes WIF is poised for a significant price increase. He’s suggesting a potential jump of over 337% from its current price, reaching $12-$13 in the coming weeks. He states that WIF has completed a consolidation phase and is ready for a major move.
This isn’t Zeberg’s first prediction for WIF. He previously forecast a potential price of $79.26, based on the completion of an ABCDE triangle pattern, which, according to Elliott Wave principles, often precedes a strong rally.
The Broader Crypto Market Outlook
While bullish on WIF, Zeberg offers a more cautious outlook on the overall crypto market. He believes the current bull market is a bubble and will likely end sooner than many expect. He advises against listening to analysts predicting a multi-year bull run. Despite this, he’s still predicting a significant increase in the total crypto market capitalization, potentially reaching $9 trillion.
Disclaimer: This is not financial advice. Investing in cryptocurrencies is risky. Always do your own research before investing.
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