Dogwifhat (WIF) experienced a significant 14% surge in the last 24 hours, signaling bullish momentum in the market.
The coin successfully surpassed the 50-day Exponential Moving Average (EMA), setting sights on the 200-day EMA level, indicating a positive technical recovery path.
The surge in price and trading volume by 14% and 117% respectively shows genuine buying interest, supported by increased institutional and retail participation.
Technical indicators such as the MACD and RSI are positive, hinting at further upward potential for WIF, with a crucial test looming at the 200-day EMA resistance.