BOSS Wallet data source, latest price news of Litecoin, LTC Litecoin real-time price rose by 3.01% to $110.29, trading volume $1.18 billion

According to the analysis of the candlestick chart, it is currently in an upward trend. Compared to 18:00, there is a significant increase; compared to 12:00, there has been a rebound; compared to 15:00, there has been a decline. The price is rising but the trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume may be due to insufficient selling pressure. In this case, future prices may retrace or consolidate sideways. Due to the lack of volume support, it may be difficult for the price increase to sustain, and investors should be cautious of the risk of price retracement at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase, as well as whether there is new buying interest. The market trend is upward, trading volume is decreasing, and the price is rising. The Williams indicator shows that it is now an overbought time. Recently, trading volume has decreased, trading volume has decreased compared to the previous hours, and the price is rising while trading volume is falling: upward momentum is weakening.

Upward momentum is weakening, be cautious of retracement risks, and it is recommended to reduce positions in a timely manner, paying attention to trading volume and new buying interest.

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