Dogwifhat (WIF) Price Action

Despite recording a drop of 5.86% in the past 24 hours, the Dogwifhat price has jumped ~7% over the past week and 69.16% during the past 30 days. Moreover, with a market cap of $2.67 billion, it has secured the 36th position.

Despite SMA acting as a support to the price chart in the 1D time frame, the RSI indicator has repeatedly failed to breach its overbought range. This highlights increased price volatility for the memecoin in the crypto market.

If the bulls regain momentum, the WIF price will head toward its upper resistance level of $4 in the coming time. However, a bearish reversal could pull the price toward its low of $2.1. $WIF