BOSS Wallet data source, Curve latest price news, CRV real-time price rises 3.19% to $1.0231, trading volume $553 million
By studying the candlestick chart, it is currently in an upward trend. Compared to 14:00, it has risen significantly, has rebounded from 06:00, and has decreased compared to 11:00. Prices are rising but trading volume is declining, which usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling pressure. In this case, future prices may retrace or consolidate sideways. Due to the lack of volume support, the price increase may be difficult to sustain, and investors should be wary of the risk of price pullback at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying interest. Prices are rising, indicating weakening upward momentum. The Williams indicator shows that it is currently neither overbought nor oversold. Recently, trading volume has decreased, and the trading volume has decreased compared to previous hours, with prices rising and volume declining: upward momentum is weakening.
The market's upward momentum is weakening, it is advised to enter cautiously, pay attention to changes in trading volume, and set stop-loss levels.
The above content is for reference only and does not constitute investment advice.