Dogwifhat [WIF] surged 17.74% in the last 24 hours, hitting a monthly high of 0.612 USD. Over the week, it has recorded an impressive 50.77% increase.
A breakout from a descending triangle pattern indicates the possibility of further price increases. The Relative Strength Index has also shown strong buying pressure as it rises.
Market sentiment remains bullish, but with an RSI above 70 indicating overbought territory, caution is advised. A potential pullback to 0.54 USD could occur if demand decreases.
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