when

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/us-stock-market-rises-while-crypto-struggles/" data-wpel-link="internal">US Stock Market Rises While Crypto Struggles</a><br></p>
<p style="text-align: justify">The US <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">stock market</a> rises while crypto may not, but it can fall when stocks drop. This is inherent in the nature of cryptocurrencies. While gold positively diverges, <a href="https://en.coin-turk.com/bitcoin-experiences-sharp-correction-as-options-expiry-nears/" data-wpel-link="internal">BTC</a> price relaxes along with stocks. Moreover, the recent ATH in stocks makes the decline normal, whereas crypto has been unable to escape the selling spiral for weeks.</p> 
<h2 style="text-align: justify" id="dogwifhat-wif">Dogwifhat (WIF)</h2> 
<p style="text-align: justify">So, what is the situation with WIF Coin? On July 3, the price lost the lower line of the rising channel, experiencing a significant loss. The break of the rising channel at the beginning of July has caused the price to move within a horizontal channel until today. Prices that consolidate for a long time generally form such horizontal channels.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-369860 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/WIF-Coin-Grafik-1.png" alt="" width="1757" height="832"></p> 
<p style="text-align: justify">In July, the WIF Coin price was stuck between the resistance of $2.06 and the support of $1.59. Due to the fluctuations in BTC price, the popular meme coin could not determine a direction because investors could not predict where the general market sentiment would evolve.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-369859 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/WIF-Coin-Grafik-2.png" alt="" width="1755" height="832"></p> 
<p style="text-align: justify">We also see this in the MACD indicator of WIF Coin. The MACD (blue) and signal lines (orange) intersected back and forth. This movement indicates that the long-term moving averages are close to each other, suggesting that consolidation may continue.</p> 
<h2 style="text-align: justify" id="wif-coin-price-prediction">WIF Coin Price Prediction</h2> 
<p style="text-align: justify">Investors cannot achieve closures above $60,000 for BTC. Despite the low inflation <a href="https://newslinker.co/category/ai/" target="_blank" rel="noopener" data-wpel-link="exclude">data</a> and the near depletion of Germany’s BTC, BTC is lingering around $57,700 on the eve of the ETH ETF listing. The weighted sentiment for WIF Coin is also below zero, at a negative -0.74 level. This shows that investors are not very hopeful about a rise.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-369861 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/WIF-Coin-Grafik-3.png" alt="" width="1757" height="835"></p> 
<p style="text-align: justify">If the current trend continues, we may see the WIF Coin price retreat to the support level again. This would mean closures at $1.59 and below. Spikes down to $1 could have frustrating results for recently listed altcoins. The only advantage is that the price is already at quite cheap levels in terms of investor cost.</p> 
<p style="text-align: justify">If market sentiment recovers, the token price will need to target the horizontal channel resistance again. BTC will be decisive here, and its price at $57,700 could be pushed in either direction by potential last-minute developments from various sources.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/us-stock-market-rises-while-crypto-struggles/" data-wpel-link="internal">US Stock Market Rises While Crypto Struggles</a></h5>

US Stock Market Rises While Crypto Struggles

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