Dogwifhat (WIFUSD) Price Forecast: April 3
The dogwifhat price could see another reversal to the upside soon. The coin price may likely reverse in a bullish direction, and it may soon be prepared for another probable upward surge. The price is currently facing high pressure from the bears and has already reached its exhausting stage. The crypto may perhaps reverse soon to retest the previous high of $4.857 and even beyond if buyers can demonstrate their strength and trade hands with sellers at the current support level of $3.679 on the daily chart.
Key Levels:
Resistance Levels: $3.000, $3.500, $4.000
Support Levels: $2.500, $2.000, $1.500
WIF (USD) Long-term Trend: Bearish (4H Chart)
dogwifhat market could see another reversal as the coin is having a bearish posture in its long-term outlook as can be seen from the chart below. This is due to the high inflow of the sell traders on the asset. 
The sustained pressure from the bears at the $3.976 support level during yesterday’s session has contributed to its bearishness in its recent low. However, the coin may see another reversal sooner as the market is already oversold.
Today, the bears’ impulse move drops the WIFUSD price to a $3.679 support level below the moving averages as the 4-hourly chart opens. Thus, the price tendency will climb over the crucial levels if the bulls raise their level of market tension.
Further, dogwifhat is likely going to see another reversal and face the upsides as the market is now trading around the 12% range of the daily stochastic; it means that the selling pressure will end soon. This will compel the buy traders to resume an uptrend and may likely break up the $4.857 supply level soon in its higher time frame.
WIF (USD) Short-term Trend: Bearish (1H Chart)
The market price of WIFUSD may likely see another reversal soon as the coin is currently trading in the bearish market zone. This is due to the inflows from the sell traders.
The sell traders’ price movement to the $3.967 support level before the end of yesterday’s session gave sellers more strength to continue with the trend in its recent low.
Actions from the bears further dropped the dogwifhat price down to the $3.773 support level below the EMA-50 as the 1-hourly chart resumes today.
Hence, should the bulls exchange hands with the sell traders and close above the $4.857
resistance value, additional intraday gains would be recorded for the buy investors.
Adding to that, the price of WIFUSD could see another reversal soon as the coin market price now trades in the oversold region. The bulls may resume the upward move and in this case, the price might push higher to the $5.000 supply mark and beyond in the days ahead in its medium-term time frame.
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