Crypto Ghazi

06/21 03:31

Dogwifhat (WIF) has traded downwards since the beg

Dogwifhat (WIF) has traded downwards since the beginning of the previous week. However, it has shown signs of a recovery over the past two sessions as buyers look to stem the decline. WIF started the previous week on a bullish note, surging over 15% to cross $1 and the 20-day SMA and settle at $1.02. It lost momentum on Tuesday and registered a marginal decline. Selling pressure intensified on Wednesday as the price fell nearly 7%, slipping below $1 and the 20-day SMA and settling at $0.955. Sellers retained control on Thursday as the price fell 7% to $0.887. WIF fell to an intraday low of $0.793 on Friday before settling at $0.851, ultimately registering a drop of over 4%.

Sellers retained control on Saturday as the price fell over 2% and settled at $0.833. Despite the overwhelming selling pressure, WIF recovered on Sunday, rising 2.11% to end the weekend at $0.851. Sellers were back in control on Monday as the price fell 2.13% after reaching an intraday high of $0.903 and settled at $0.832. Selling pressure intensified on Tuesday as WIF fell over 7% to $0.771. The price recovered on Wednesday, registering an increase of 2.40% and settling at $0.789. The current session sees WIF marginally down as buyers and sellers struggle to establish control.

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