BOSS Wallet data source, Pepe latest price news, PEPE real-time price rose 3.58% to $0.0000214, transaction volume $1.511 billion

According to the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 13:00, slightly lower than 12:00, higher than 07:00, and lower than 11:00. Rising prices but falling trading volume 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. In this case, prices may pull back or go sideways in the future. 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 declines 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 intervention. Overbought state, trading volume decreases, prices rise. Williams indicator shows that it is currently overbought. The trading volume has decreased recently, and the trading volume is less than in the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakened.

The upward momentum has weakened, so be alert to the risk of price decline. It is recommended to wait and see and wait for the market direction to become clear.

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