BOSS Wallet data source, Dogecoin DOGE today's market news, DOGE Dogecoin latest price: $0.1255, up 6.27% in 24 hours, transaction volume $1.323 billion
Judging from the results of the K-line chart, it is now in a downward trend. It is slightly higher than 10:00, slightly lower than 11:00, higher than 07:00, and lower than 03:00. When prices rise but trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of price decline at high levels and pay attention to whether trading volume can keep up with the price increase and whether there is new buying intervention.
The volume is decreasing, the price is rising, and the upward momentum is weakening. According to the Williams indicator, the current situation is not overbought or oversold. The volume has decreased recently, and the volume is less than in the previous hours. The price is rising, and the volume is falling: the upward momentum is weakening.

The upward momentum has weakened, so it is recommended to wait and see, pay attention to the coordination between volume and price, and guard against the risk of a pullback.
The above content is for reference only and does not constitute investment advice.

#DOGE