BOSS Wallet data source, Filecoin today's price trend, the latest FIL price has risen to $4.572, an increase of 3.02%, trading volume $376 million
After analyzing the K-line chart, it is found that it is currently in a volatile trend. Compared to 21:00, there is a slight increase; compared to 22:00, there is a slight decrease; and it has recovered compared to 14:00. 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 phenomenon of divergence between price and volume 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 sustain its rise. Investors should be cautious of the risk of price retreating from high levels and pay attention to whether the trading volume can keep up with the price increase, as well as whether new buying pressure comes in.
Trading volume decreases while the price rises. The Williams indicator indicates that it is currently not in overbought or oversold territory. Recently, trading volume has decreased, with trading volume lower than in previous hours, and the price has risen while the trading volume has decreased: upward momentum is weakening.
Upward momentum is weakening; it is recommended to take a wait-and-see approach, paying attention to whether trading volume can keep up, and be cautious of the risk of high-level pullbacks.
The above content is for reference only and does not constitute investment advice.