BOSS Wallet data source, Litecoin LTC today's market news, LTC latest price: $125.77, 24-hour increase 24.09%, trading volume $3.736 billion

Through K-line chart analysis, it is currently in a fluctuation trend. Slightly up compared to 12:00, slightly down compared to 13:00, and has rebounded compared to 10:00. When prices rise while trading volume decreases, it usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This divergence phenomenon between volume and price is usually due to a lack of selling pressure. In this case, future prices may correct or consolidate sideways. Due to the lack of volume support, it is difficult for prices to sustain an upward trend, and caution should be taken against the risk of a high-level pullback. Investors should pay attention to whether trading volume can support price increases and whether there are new buyers entering the market.
Decreased trading volume, rising prices. The Williams indicator indicates that it is currently in a stage without overbought or oversold conditions. Recent trading volume has decreased, trading volume is down compared to the previous few hours, and prices are rising while trading volume is declining: upward momentum is weakening.

Weakening upward momentum, it is recommended to watch and pay attention to changes in trading volume and new buying pressure.

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