Dogwifhat (WIF) is currently trading at $0.39754, reflecting a 5.22% increase over the last 24 hours. The price has seen a daily high of $0.401006 and a low of $0.37751, indicating a daily range of approximately 6.6%.

The trading volume stands at 117,245,387, which represents 29.52% of its market cap, suggesting a healthy level of liquidity. Short-term moving averages indicate upward momentum, with the 8 SMA at $0.3963 showing a slight gain of 0.32% and the 13 SMA at $0.3936 reflecting a more robust increase of 0.99%.

The 1-hour RSI is elevated at 77, indicating that WIF is overbought in the short term, which may suggest a pullback could be imminent. Conversely, the 7-day RSI at 53 shows a balanced momentum, indicating that the asset is neither overbought nor oversold in the medium term.

WIF has experienced a 7-day price change of 6.18% and a 14-day price change of 5.79%, reflecting positive short-term performance. However, the 30-day price change of -12.67% signals weakness over a longer timeframe, suggesting that the recent uptick may not yet signify a reversal in the broader trend.

The all-time high for WIF remains significantly elevated at $4.83, reached on March 31, 2024. This substantial gap between the current price and the all-time high suggests potential for future growth, but also highlights the volatility and risk associated with the asset.

Given the current price momentum and short-term indicators, a cautious Buy rating is warranted, with a focus on potential profit-taking as the price approaches resistance levels near the 24-hour high. However, the long-term downtrend should be monitored closely, as any signs of reversal could prompt a reassessment of this position.