**Golden Cross Pattern Forms in Dogwifhat (WIF)**

A technical indicator known as a golden cross has appeared in the price chart of Dogwifhat (WIF), suggesting potential bullish momentum. The 50-day Simple Moving Average (SMA) crossed above the 200-day SMA on November 1, leading to a 37% price surge and a five-month high of $3.

**Key Developments:**

* WIF's Relative Strength Index (RSI) indicates growing demand at 66.99, just below the overbought level.
* Open interest has hit a monthly high of $448 million, indicating increased trading activity.
* The golden cross pattern is often seen as a bullish indicator, but past performance is not a guarantee of future results.

Source: https://dev.to/david_tevzadze_/golden-cross-keeps-dogwifhat-wif-on-track-to-stay-above-3-39dg