Dogwifhat (WIF) Price Analysis

Dogwifhat (WIF) is trading between $1.40 and $1.60, with neither buyers nor sellers able to dictate substantial price movements for now. WIF has seen demand pick up at lower levels but is witnessing selling at rallies. As we can see in the price chart, it is also experiencing considerable volatility despite being confined to a narrow price range. WIF pushed above the 20-day SMA and $1.60 on Friday but quickly fell back due to growing selling pressure. After Friday’s increase of 5.02%, WIF dropped by 4.29% on Saturday and 4.24% on Sunday, slipping back below the 20-day SMA and ending the weekend at $1.50.