Dogwifhat (WIF) is currently priced at $0.333338, showing a modest 24-hour increase of 1.96%. The price has fluctuated between a high of $0.344264 and a low of $0.322624 in the past day, indicating a relatively tight daily range of 0.02164%.

Trading volume stands at 132,200,131, corresponding to a volume-to-market cap ratio of 39.76%, suggesting a healthy level of trading activity. The hourly moving averages reflect a mixed sentiment, with the 8 SMA at $0.3382 (-1.43%) and 13 SMA at $0.3364 (-0.90%) indicating short-term bearish pressure, while longer-term averages like the 21 SMA at $0.3332 (+0.05%) and 55 SMA at $0.3325 (+0.25%) show slight stability.

The Relative Strength Index (RSI) is currently at 49 for the hourly period, indicating neutral momentum, but the 7-day RSI at 43 suggests the asset is nearing oversold conditions. Additionally, the 7-day, 14-day, and 30-day price changes are negative at -20.39%, -30.11%, and -37.40%, respectively, reflecting a significant downtrend over the last month.

With the all-time high recorded at $4.83 on March 31, 2024, the current price represents a substantial retracement. Given the technical indicators and the prevailing negative price momentum, a cautious approach is warranted.

Rating: Hold. The current price action shows signs of stabilization but remains significantly below key resistance levels. Potential investors should await clearer bullish signals or a reversal in the negative price trend before considering new positions.