BOSS Wallet data source, Dogecoin DOGE today's market news, DOGE Dogecoin latest price: $0.38123, 24 hours down -2.41%, transaction volume $15.804 billion
According to the K-line chart analysis, it is currently in a volatile trend. It is slightly higher than 08:00, slightly lower than 09:00, and higher than 04:00. 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. The market is not hot and the trading volume is reduced. According to the Williams indicator, it 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 is weakened.

The market's upward momentum has weakened. It is recommended to operate with caution, pay attention to changes in trading volume, and avoid blind entry.
The above content is for reference only and does not constitute investment advice.

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