BOSS Wallet data source, Pepe today's price trend, the latest PEPE price has risen to $0.00001887, an increase of 3.51%, trading volume $1.801 billion
According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 10:00, there has been a significant increase, breaking through the high of 11:00. Prices are rising but trading volume is decreasing, which usually indicates weakening upward momentum in the market and a decrease in the number of buyers.
This divergence between volume and price may be due to insufficient selling pressure. In this case, future prices may adjust or consolidate sideways. Due to the lack of volume support, price increases may be difficult to sustain, and investors should be cautious of the risk of price pullbacks at high levels.
It is recommended to pay attention to whether trading volume can keep up with price increases and whether new buying pressure is entering. Trading volume is decreasing while prices are rising. The Williams indicator indicates that there is currently no overbought or oversold condition. Recently, trading volume has decreased, with volume down compared to previous hours, while prices are rising and volume is declining: upward momentum is weakening.
Upward momentum is weakening, it is advised to wait and see, pay attention to whether trading volume can keep up, and be cautious of the risk of price pullbacks.
The above content is for reference only and does not constitute investment advice.