BOSS Wallet data source, Worldcoin real-time price quotes, WLD's latest price today is $3.08, an increase of 3.53%, and the transaction volume is $813 million
By studying the K-line chart, it is now in a volatile trend. Compared with 09:00, it fell sharply and rebounded compared with 06:00. The price rose but the trading volume fell, 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.
Volume decreases, price increases. According to Williams's indicator, the current situation is neither overbought nor oversold. Volume has decreased recently, and the volume is lower than in the previous hours. Price increases, volume decreases: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to remain on the sidelines and pay attention to changes in trading volume and new buying.
The above content is for reference only and does not constitute investment advice.