BOSS Wallet data source, Pepe today's price trend, PEPE latest price has risen to $0.00001797, an increase of 3.04%, trading volume $1.659 billion

Based on the analysis of the candlestick chart, the current trend is volatile. Compared to 21:00, there is a significant increase, a recovery compared to 17:00, but a decrease compared to 14:00. Prices are rising but trading volume is declining, which usually indicates weakening upward momentum in the market and a decrease in the number of buyers.
This divergence phenomenon between volume and price may be caused by a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to sustain their rise. Investors should be wary of the risk of high-level pullbacks and pay attention to whether trading volume can keep pace with price increases, as well as whether new buyers are entering the market.
Market enthusiasm is low, and trading volume has decreased. The Williams indicator indicates that it is currently neither overbought nor oversold. Recently, trading volume has decreased, with a reduction compared to the previous hours, prices are rising while trading volume is declining: upward momentum is weakening.
Market upward momentum is weakening, it is advisable to operate cautiously, pay attention to changes in volume, and be wary of pullback risks.


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