BOSS Wallet data source, latest price news for Pepe, PEPE real-time price up 3.50% to $0.00002099, trading volume $940 million
Observing the K-line chart, it is currently in a volatile trend. Slightly up compared to 00:00, slightly down compared to 23:00, and has rebounded compared to 17:00. Price is 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 phenomenon 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 the price to sustain its rise. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with the price increase and whether new buying pressure emerges.
Trading volume decreases, price increases. The William indicator indicates that it is currently neither overbought nor oversold. Recent trading volume has decreased, with trading volume down compared to the previous few hours, while price rises and volume falls: upward momentum is weakening.
Market upward momentum is weakening, it is recommended to remain cautious and be alert to the risk of a high-level pullback.
The above content is for reference only and does not constitute investment advice.