BOSS Wallet data source, Yield Guild Games today market news, YGG latest price: $0.663, 24-hour drop -3.11%, trading volume $119 million

According to the analysis results of the candlestick chart, it is currently in a downtrend. Compared to 12:00, there has been a significant rise, and it has recovered compared to 08:00, breaking through the peak at 13:00. Prices are rising but trading volume is decreasing, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to a lack of sell orders. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and if there are new buy orders.
Decreasing trading volume and rising prices. According to the Williams indicator, it is currently neither overbought nor oversold. Trading volume has recently decreased, with trading volume lower than in the previous few hours, while prices rise and trading volume declines: upward momentum is weakening.

Upward momentum is weakening, it is recommended to wait and see, pay attention to changes in trading volume and whether there are new buy orders, and be cautious of the risk of a high-level pullback.

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