BOSS Wallet data source, Litecoin (LTC) current price today, the latest price of LTC has broken to $127.78, with an increase of 3.73%, trading volume $3.736 billion

From the analysis of the candlestick chart, it can be seen that it is currently in a fluctuating trend. Compared to 12:00, there is a slight increase, compared to 13:00, there is a slight decrease, and there is a rebound compared to 10:00. When the price rises while the trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of trading volume support, it is difficult for the price to maintain its rise, and caution should be exercised regarding the risk of a pullback from high levels. Investors should pay attention to whether trading volume can support price increases and whether new buying interest enters the market.
Trading volume decreases while price rises. The William indicator indicates that we are currently in a period without overbought or oversold conditions. Recently, trading volume has decreased, with volume down compared to the previous few hours, while price has risen and volume has fallen: upward momentum is weakening.

Upward momentum is weakening, it is recommended to stay on the sidelines and pay attention to the coordination of volume and price as well as the situation with new buying interest.

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