BOSS Wallet data source, Litecoin LTC today's price trend, the latest price of LTC Litecoin has broken through to $107.91, an increase of 3.51%, trading volume $766 million

Through the analysis of the K-line chart, it is currently a volatile trend. Compared to 12:00, there has been a significant increase, and it has rebounded from 05:00, breaking through the high point of 09:00. When the price rises but trading volume declines, it usually indicates that the upward momentum of the market is weakening, and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling pressure. In this context, future prices may experience a correction 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 price retreats at high levels and monitor whether trading volume can keep up with the price increase and whether there is new buying interest.
In a volatile trend, trading volume decreases, and prices rise. According to the Williams indicator, it is currently in the overbought zone. Recently, trading volume has decreased, trading volume has declined compared to previous hours, and prices have risen while trading volume has fallen: upward momentum is weakening.

Volume-price divergence, weakening upward momentum, it is recommended to remain on the sidelines and be cautious of the risk of price retreats.

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