Dogwifhat (WIF) Price Stays Range-Bound Despite Recent Rally
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Dogwifhat (WIF), a meme coin based on Solana, has remained within a narrow trading range despite a recent 25% price gain, currently exchanging at $2.13. Resistance stands at $2.36, with support at $1.51. The RSI indicates low demand for WIF, and bearish market sentiment persists, increasing the risk of price decline. High market volatility is evidenced by widening Bollinger Bands, and if the uptrend continues, WIF might reach $2.27, subject to potential pullbacks. There's a risk of the price falling to a multi-month low of $1.47.
Source: beincrypto.com ↗
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