BOSS Wallet data source, Pepe's price today, PEPE's latest price broke through $0.00002148, an increase of 3.08%, and the transaction volume was $10.767 billion
According to the K-line chart, the current trend is oscillating. It has risen significantly compared to 06:00, rebounded compared to 05:00, and broke through the high point of 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 market is not hot and the trading volume is decreasing. According to the Williams indicator, it is not overbought or oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price is rising and the trading volume is falling: the upward momentum is weakening.
The market's upward momentum has weakened. It is recommended to operate with caution and pay attention to changes in trading volume and new buying.
The above content is for reference only and does not constitute investment advice.