Best cryptocurrencies for May 23rd โ Dogwihat, Dogecoin
๐ธ Dogwifat (WIF)
Up 7.6% in 24 hours and bucking the market decline, Dogwiphat (WIF) is establishing itself as the best cryptocurrency to buy today.
Dogwifat was recently valued at nearly $3.0, with a market capitalization of around $3 billion, according to CoinMarketCap.
If it manages to break above the 21 and 50DMA levels, WIF could skyrocket quickly. Positive targets would be the May high at $3.70 and then the top of the short-term uptrend channel. If it manages to break above the 21 and 50DMA levels, WIF could skyrocket quickly, potentially making it the best cryptocurrency
๐ธ Dogecoin (DOGE)
Dogecoin (DOGE) did not perform particularly strongly on Wednesday. But it has formed an ascending triangle in recent weeks and threatens a bullish breakout.
If it manages to stay above the $0.17 resistance, a quick retest of the yearly high near $0.23 is likely. Dogecoin could be the best cryptocurrency to buy today if it can overcome the $0.17 resistance.