BOSS Wallet data source, latest price news for Filecoin, FIL real-time price rose 2.01% to $7.406, trading volume $1.336 billion

From the analysis of the candlestick chart, it can be seen that it is currently in a consolidation trend. Compared to 17:00, there has been a significant increase, and there is a recovery compared to 10:00, breaking through the high point of 15:00. Prices are rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a reduction in the number of buyers.
This divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to be sustained. Investors should be alert to the risk of a high position retreat and monitor whether trading volume can keep up with the price increase, as well as whether there are new buyers entering the market.
Trading volume decreased while prices rose. The Williams indicator shows that the current state is overbought. Recently, trading volume has decreased, with volume lower than in previous hours, and prices rising while trading volume declines: upward momentum is weakening.
Upward momentum is weakening, be cautious of pullback risks, it is recommended to observe the situation, and pay attention to volume-price changes and new buying interest.

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