BOSS Wallet data source, Pepe real-time price trend, the latest price of PEPE today reached $0.00002074, with an increase of 3.54%, trading volume $4.746 billion
According to the analysis of the K-line chart, it is currently in a volatile trend. Compared to 12:00, it has risen significantly, rebounding from 05:00, and breaking through the high point of 13:00. 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 volume-price divergence may be due to a lack of selling pressure. In this case, future prices may experience a pullback or consolidation, as there is a lack of trading volume support, making it difficult for the price to sustain its rise. Investors should be cautious of the risk of a high-level pullback and monitor whether trading volume can keep up with price increases and whether new buying pressure arises.
In a volatile trend, trading volume decreases while prices rise. Using the Williams indicator, it is currently not overbought or oversold. Recently, trading volume has decreased, with volume down compared to a few hours ago, while prices rise and volumes decline: upward momentum is weakening.
Upward momentum is weakening, it is recommended to remain cautious, be alert to the risk of a high-level pullback, and pay attention to changes in trading volume.
The above content is for reference only and does not constitute investment advice.