BOSS Wallet data source, Litecoin real-time price quotes, LTC Litecoin's latest price today is $104.14, an increase of 3.02%, and the transaction volume is $667 million

According to the analysis of the K-line chart, the current trend is oscillating. It is slightly higher than 10:00, slightly lower than 09:00, and higher than 07:00. The price rises but the trading volume decreases, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
In a oscillating trend, the volume decreases and the price rises. The Williams indicator shows that it is now in an overbought state. The volume has decreased recently, and the volume is less than in the previous few hours. The price rises and the volume decreases: the upward momentum is weakened.

The upward momentum has weakened, and volume and price are diverging. It is recommended to remain on the sidelines and be alert to the risk of falling back from highs.

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