dogwifhat (WIF) Down 0.01% Thursday: What's Next?

Thursday, March 28, 2024 07:21 AM | InvestorsObserver Analysts

dogwifhat (WIF) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has declined 1.34% to $3.13.

InvestorsObserver is giving dogwifhat a 80 Volatility Rank. Find out what this means to you and get the rest of the rankings on dogwifhat!

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Highly Volatile

InvestorsObserver gives dogwifhat a high volatility rank of 80, placing it in the top 20% of cryptos on the market.

The Volatility Gauge follows this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. WIF's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

dogwifhat price is well positioned going forward. With support set at $2.92 and resistance near $3.35. This positions dogwifhat with room to run before facing selling pressures.