BOSS Wallet data source, Filecoin latest price news, FIL real-time price rose 2.03% to $5.789, transaction volume $378 million

According to the K-line chart analysis, it is currently in a volatile trend. It has risen significantly compared to 07:00, rebounded compared to 05:00, and decreased compared to 02:00. 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 is reduced.
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 trading volume is decreasing, and the price is rising. According to the Williams indicator, it is not overbought or oversold now. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price is rising, and the trading volume is decreasing: the upward momentum is weakening.

The upward momentum has weakened, so it is recommended to wait and see, be alert to the risk of pullback, and pay attention to changes in trading volume.

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