BOSS Wallet data source, Pepe real-time price quotes, PEPE's latest price today is $0.000022148, an increase of 3.11%, and the transaction volume is $10.767 billion
According to the analysis of the K-line chart, the current trend is oscillating. It has risen significantly compared to 08:00, rebounded compared to 05:00, and broke through the high point of 09:00. When prices rise and 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 due to a lack of selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases are difficult to sustain, and we need to be alert to the risk of a fall from highs. Investors should pay attention to whether trading volume can match price increases and whether there are new buy orders entering the market.
The volume is decreasing, the price is rising. According to the Williams indicator, there is no overbought or oversold. The volume has decreased recently, and the volume is lower than in the previous hours. The price is rising, and the volume is falling: the upward momentum is weakening.
The market's upward momentum has weakened. It is recommended to wait and see, pay attention to changes in trading volume, and be wary of the risk of falling from highs.
The above content is for reference only and does not constitute investment advice.