BOSS Wallet data source, Litecoin (LTC) current price today is $107.1, with an increase of 3.01%, trading volume of $710 million.

From the analysis of the candlestick chart, it is known that the current trend is volatile. Compared to 12:00, there has been a significant increase, recovering from 05:00 and breaking through the high point of 09:00. When the price rises while trading volume decreases, it usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between price and volume is usually due to a lack of selling pressure. In this case, future prices may retrace or consolidate sideways. Due to the lack of trading volume support, it is difficult for prices to sustain their rise, and one should be wary of the risk of a pullback from high positions. Investors should pay attention to whether trading volume can accompany price increases and whether new buying pressure enters the market.
Overbought condition, decreasing trading volume, and rising prices. The Williams indicator shows that the current state is overbought. Recently, trading volume has decreased, with volume down compared to the previous few hours, and prices rising while volume declines: upward momentum is weakening.

Upward momentum is weakening; either a pullback or sideways consolidation is suggested. It is recommended to observe and pay attention to trading volume and new buying pressure.

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