Dogwifhat (WIF) is currently priced at $0.198669, reflecting a 24-hour decline of 2.28%. The daily range has been tight, with a high of $0.20356 and a low of $0.19351, indicating limited volatility.

Volume stands at 62,487,525, corresponding to a volume-to-market cap ratio of 31.49%, suggesting a significant level of trading activity relative to its market capitalization. The short-term moving averages are mixed, with the 8 SMA and 13 SMA showing slight positive momentum while the longer-term 55 SMA and 144 SMA indicate bearish trends, suggesting potential resistance levels ahead.

The 1-hour RSI is neutral at 50, indicating a balance between buying and selling pressures. However, the 7-day RSI at 43 shows an oversold condition, which may attract buyers if sentiment shifts, though recent performance shows a 14.29% decline over the past week and a steep 38.21% drop over the last 30 days.

The all-time high for WIF stands at $4.83, recorded on March 31, 2024, highlighting significant downside potential from current levels. Given the current price action, bearish trends in longer moving averages, and substantial recent losses, a cautious approach is warranted.

Overall, the market dynamics suggest a Hold rating for Dogwifhat (WIF). While oversold conditions could provide opportunities for a rebound, the prevailing downtrend and resistance at higher moving averages imply that significant upward momentum is not yet established.