$WIF Technical Analysis: Is the bull market coming?
WIF has been volatile recently, falling 8.43% this week and nearly 50% in the quarter. But don't worry, there is some new hope recently: WIF rose 9.2% yesterday, is this the rhythm of a counterattack?
📈 Take a look at the key technical indicators:
🔸SMA & EMA: Both are falling, SMA is now $1.77, a week ago it was 2.05; EMA is relatively stable, around $1.72.
🔸RSI: It has risen from 37 to 44, and the selling pressure is a little less.
🔸Bollinger Bands & MACD: The price is about to hit the upper track of the Bollinger Band, but MACD is still negative. However, there are some signs of convergence, and the momentum may change.
🔸AO: Still negative, -0.54, but at least there is some progress.
Although WIF is still struggling, the recent rise and improvement of indicators seem to be recovering. Everyone should keep an eye on it, but don't be too impulsive. Let's see how the market is doing.
There are too many uncertainties in WIF, and a large number of people have been trapped before. The cost of raising it is too high. We should choose those low-market-cap, high-explosive potential currencies to layout! Click on the avatar to follow me and take you to discover these treasure currencies in the currency circle!
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