Dogwifhat (WIF)

With Bitcoin price retesting its $67,000 level, the Dogwifhat price has plunged ~5% in the past day with a trading volume of $318.98 million. With strong support around its $2.5 level, this memecoin hints at a potential reversal.

The SMA indicator has recorded a bearish convergence in the price chart with its MACD experiencing a similar action. However, amid increased price volatility, a bullish reversal can be highly anticipated.

Maintaining the bullish influence could result in the Dogwifhat price retesting its resistance level of $3.050. On the contrary, if the bears regain momentum, it could retest its support trendline of $2.10 this month.$WIF