Dogwifhat (WIF) Demand Rises – All Eyes on Crucial $2 Level
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Dogwifhat (WIF) experienced a 23.76% drop in the last seven days, yet early signs of a rebound are visible. WIF saw a drastic 39.55% decrease but quickly rebounded to $2.25 before encountering further selling pressure. Key indicators like the Cumulative Volume Delta (CVD) and Moving Average Convergence Divergence (MACD) suggest a potential bullish momentum. If the current momentum is sustained, WIF may avoid trading below $1.70 and could retest the $2 mark. Increased Open Interest (OI) supports this potential upward trajectory, although caution remains as selling pressure could still drive prices below $1.60.
Source: beincrypto.com ↗
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