Dogwifhat (WIF) is currently trading at $0.232123, reflecting a modest 24-hour change of 2.59%. The daily price movement has been contained within a range of $0.225087 to $0.236631, indicating a relatively stable trading environment despite a low volatility of 0.011544%.

The volume stands at 100,373,481, with a volume-to-market cap ratio of 43.22%, suggesting a healthy trading activity relative to its market capitalization. However, the short-term moving averages present mixed signals: the 8 SMA shows a slight increase of 0.12%, while the 13 SMA has decreased by 0.29%, indicating indecision in the market.

Both the 1-hour and 7-day RSI values are near neutral at 49 and 47, respectively, suggesting that the asset is neither overbought nor oversold. In the longer term, the price has experienced significant declines, with a 7-day price change of -10.46%, a 14-day drop of -29.38%, and a 30-day decline of 39.44%.

The all-time high for WIF remains substantially elevated at $4.83, reached on March 31, 2024, indicating considerable potential upside. Given the current price level and the ongoing downtrend, caution is warranted despite recent gains.

Overall, the mixed signals from moving averages, alongside the persistent downtrend in longer time frames, suggest a Hold rating at this time. Traders should monitor for clearer bullish indicators or a reversal in the longer-term trend before considering entry or exit strategies.