Source of BOSS Wallet data, Polkadot-new today's market news, the latest price of DOT Polkadot: $5.508, up 15.98% in 24 hours, and the transaction volume is $446 million
From the analysis of the K-line chart, it is now a volatile trend. It has risen significantly compared to 13:00 and has fallen slightly compared to 10:00. When prices and trading volumes rise at the same time, it usually means that the market is buying strongly. Buyers are actively trading at higher prices, reflecting optimistic market sentiment.
In this case, the price may continue to rise and the momentum is strong. Investors should pay attention to the breakthrough of key resistance levels. If the price continues to rise and consolidates, it means that the upward trend will continue. The trading volume rises and the price rises simultaneously.
Williams indicator shows that it is overbought now. The trading volume has increased recently, and the trading volume has increased compared with the previous few hours. The price and trading volume are rising at the same time: trading is active and the upward momentum is strong.
The market buying is strong and the upward trend continues. It is recommended to continue to wait and see and wait for the trend to become clear.
The above content is for reference only and does not constitute investment advice.