BOSS Wallet data source, the latest price news of Litecoin LTC, the real-time price of LTC Litecoin rose by 3.55% to $90.6, and the transaction volume was $1.305 billion
From the analysis of the K-line chart, we know that the current trend is oscillating. It fell sharply compared to 10:00, rebounded compared to 03:00, and fell compared to 05:00. When the price falls and the trading volume rises, it usually means that the selling pressure in the market increases and sellers are actively selling.
This situation may be because the market's expectations for future prices have become pessimistic, or it may be affected by some negative news, leading to panic selling. Prices may continue to fall in the future because of heavy selling pressure and pessimistic market sentiment.
Investors should be alert to whether the price will fall below the key support level. If the support level is broken, it may trigger a larger decline. The market is hot, but the price is falling. The Williams indicator shows that there is no overbought or oversold at present.
There has been an increase in trading volume recently, the volume is higher than in previous hours, the price is falling, and the volume is rising: selling pressure is increasing.
The market is rising but selling pressure is increasing. It is recommended to wait and see, pay attention to key support levels, and be alert to the risk of a pullback.
The above content is for reference only and does not constitute investment advice.