BOSS Wallet data source, Litecoin latest price information, LTC Litecoin real-time price rises by 3.36% to $107.98, trading volume $470 million

By studying the candlestick chart, it is currently in a consolidation trend. Compared to 17:00, it has increased significantly, rebounding from 10:00, breaking through the high of 18:00. When the price rises but the trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This divergence phenomenon between volume and price is usually caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for the price to continue rising. Investors should be cautious of the risk of price retracement at high levels and pay attention to whether the trading volume can keep up with the price increase and whether there is new buying interest.
Market heat is low, and trading volume is decreasing. According to the Williams indicator, it is currently in an overbought state. Recent trading volume has decreased, with volume lower than in previous hours, while the price has risen and trading volume has decreased: upward momentum is weakening.
Upward momentum is weakening, or facing a pullback, it is advised to operate cautiously and pay attention to changes in trading volume.

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