BOSS Wallet data source, Yield Guild Games latest price information, YGG real-time price increased by 3.52% to $0.5119, trading volume $37.6753 million

From the analysis of the candlestick chart, there is currently an upward trend. Compared to a significant drop at 13:00, there has been a rebound since 06:00, and a decrease since 09:00. The price is rising but the trading volume is decreasing, which usually indicates a weakening of market upward momentum and a reduction in the number of buyers.
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 trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price retreating from high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases and whether there is new buying interest. Decreasing trading volume indicates weakening upward momentum. The Williams indicator suggests that the current phase is neither overbought nor oversold. Recently, trading volume has decreased, trading volume has dropped compared to the previous few hours, price is rising, and trading volume is declining: upward momentum is weakening.

The market's upward momentum is weakening, and it may retrace or consolidate sideways. Cautious operations are recommended, with attention to changes in trading volume.

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