BOSS Wallet data source, Dogecoin (DOGE) real-time price trends, the latest price of Dogecoin today reached $0.39475, with an increase of 3.01%, trading volume $5.589 billion

According to the analysis results of the candlestick chart, it is currently in a volatile trend. Compared to 12:00, it has increased significantly, has rebounded from 08:00, and has surpassed the high of 05:00. When prices rise but trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.
This phenomenon of divergence 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 price increases to sustain. Investors should be cautious of the risk of price retracement at high levels and pay attention to whether trading volume can keep up with price increases and whether new buying interest emerges.
Market activity is low, and momentum is weakening. According to the Williams indicator, it is currently in an overbought state. Recent trading volume has decreased, trading volume has reduced compared to previous hours, prices have risen while trading volume has decreased: upward momentum is weakening.
Upward momentum is weakening, it is advisable to remain cautious, monitor changes in trading volume, and wait for market sentiment to recover.


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

#DOGE