Dogwifhat (WIF) is currently priced at $0.220334, reflecting a modest 0.53% increase over the past 24 hours. The asset has maintained a daily range of $0.00635, with a high of $0.220792 and a low of $0.214442, indicating a stable trading environment amid low volatility.

The trading volume stands at approximately 59.43 million, representing a volume-to-market cap ratio of 26.99%, suggesting healthy market activity. Short-term moving averages are generally positive, with the 8 SMA showing a +1.11% increase, indicating bullish sentiment, whereas longer-term averages like the 144 SMA are declining by -4.63%, signaling potential resistance ahead.

The 1-hour Relative Strength Index (RSI) is at 71, which indicates that WIF is approaching overbought territory in the short term. Conversely, the 7-day RSI at 48 suggests that the asset is neither overbought nor oversold, indicating potential for further price action in the upcoming days.

Price changes over various time frames reveal mixed signals: a 2.15% increase over the past week and a 3.87% increase over the last two weeks, but a significant drop of -34.67% over the past month. This volatility suggests that while recent performance has improved, the longer-term trend remains bearish.

The all-time high for WIF was $4.83 in March 2024, indicating significant price potential but also highlighting the current disparity from this peak value. For investors, the stark difference between current pricing and all-time highs may represent both risk and opportunity, depending on market sentiment and developments.

Based on the current data, the recommendation for WIF is to Hold. The short-term bullish signals and moderate RSI indicate potential for upward movement, but longer-term trends and resistance levels should be monitored closely before making any buying decisions.