Dogwifhat (WIF) is currently trading at $0.385119, experiencing a significant decline of 9.76% over the past 24 hours. The price has oscillated between a daily high of $0.42676 and a low of $0.37126, indicating a volatility range of 0.0555%.

The trading volume for WIF stands at 229,744,947, which corresponds to a market cap volume ratio of 59.78%, suggesting strong liquidity. The short-term moving averages reveal bearish sentiment, with the 8 SMA at $0.3847 showing a slight increase of 0.12%, while the 13 SMA ($0.3935), 21 SMA ($0.3986), and 55 SMA ($0.4056) indicate declines of 2.14%, 3.39%, and 5.05%, respectively.

The 1-hour RSI is at 33, signaling that WIF is nearing oversold conditions, while the 7-day RSI remains neutral at 50. Over the past week, the price has dropped by approximately 4.75%, contrasting with a 1.25% increase over the last 14 days, but a more substantial decline of 20.78% over the past 30 days shows a longer-term bearish trend.

The all-time high for WIF stands at $4.83, reached on March 31, 2024, indicating significant potential for recovery if bullish momentum returns. However, the current market conditions, combined with technical indicators, suggest that WIF is under considerable selling pressure.

Given the recent price action, bearish moving averages, and low RSI readings, a Sell rating is warranted. The lack of bullish signals and the potential for further declines mean that it may be prudent for investors to exit positions or remain on the sidelines until clearer signs of recovery emerge.