BOSS Wallet data source, latest price news for Pepe, PEPE real-time price rises 3.02% to $0.00002112, trading volume $2.373 billion

The candlestick chart shows that we are currently in a volatile trend. Compared to 23:00, there has been a significant increase, but a decline compared to 21:00. The price is rising while trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price decline at high levels.
It is recommended to pay attention to whether trading volume can keep up with the price increase and whether there are new buyers entering. In a volatile trend, trading volume decreases while the price increases. The Williams indicator shows that it is currently neither overbought nor oversold. Recently, trading volume has decreased, with volume down compared to the previous few hours, while the price is rising and trading volume is falling: upward momentum is weakening.

Upward momentum is weakening, it is advised to remain on the sidelines and pay attention to changes in trading volume and new buying activity.

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