BOSS Wallet data source, TRX latest price news, TRX TRON real-time price rose 2.04% to $0.2454, transaction volume $1.23 billion

After analyzing the K-line chart, it is found that it is currently in a downward trend. Compared with 14:00, it has risen significantly and broken through the high point of 12:00. When prices rise but trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of a price decline at a high level, and pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention.
The trading volume decreases, the price rises, and the upward momentum weakens. According to the Williams indicator, the current market is not overbought or oversold. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price rises and the trading volume decreases: the upward momentum weakens.

The upward momentum has weakened. It is recommended to remain on the sidelines, pay attention to changes in trading volume, and guard against market fluctuations.

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