BOSS Wallet data source, the latest price news of Ripple XRP, the real-time price of XRP Ripple rose by 3.03% to $0.7308, and the transaction volume was $11.367 billion
According to the analysis of the K-line chart, it is now in an upward trend. It is slightly higher than 12:00, slightly lower than 13:00, and higher than 05:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise is weakened and the number of buyers decreases.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback 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 alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
The recent trading volume has decreased, and the price increase momentum has weakened. According to the Williams indicator, it is currently overbought. The recent trading volume has decreased, and the trading volume is less than the previous few hours. The price has risen, and the trading volume has decreased: the upward momentum has weakened.
The upward momentum has weakened, and volume and price are diverging. It is recommended to reduce positions or wait and see and pay attention to subsequent trends.

The above content is for reference only and does not constitute investment advice.

#XRP