Dogwifhat (WIF) is currently trading at $0.396793, showing a 24-hour price increase of 1.77%. The daily range has been tight, with a high of $0.401006 and a low of $0.389489, indicating low volatility in the short term.

The trading volume stands at 104,123,028, contributing to a volume-to-market cap ratio of 26.27%, suggesting active trading interest. Moving averages reveal a slight bearish sentiment in the short term, as the 8 SMA and 13 SMA are both below the current price, while the 21 SMA and 55 SMA indicate upward trends, hinting at potential support levels.

The 1-hour RSI of 57 indicates that WIF is in neutral territory, while the 7-day RSI of 53 reflects a stable price momentum. In terms of price performance, WIF has seen a 5.13% increase over the past week, contrasting with a decline of approximately 6.95% over the last 30 days, which may suggest a recovery phase.

The all-time high for WIF is $4.83, reached on March 31, 2024, which presents significant upside potential. Given the current price proximity to the lower end of its recent trading range and the positive short-term indicators, market sentiment appears cautiously optimistic.

Considering the technical indicators and recent price movements, a Buy rating is warranted for WIF at this level. The combination of increasing daily range and RSI metrics suggests a potential for continued upward momentum, making it an attractive entry point for traders.