BOSS Wallet data source, Yield Guild Games latest price news, YGG real-time price increased by 3.06% to $0.7098, trading volume $139 million

According to the candlestick chart analysis, it is currently in an upward trend. Slightly increased compared to 17:00, slightly decreased compared to 18:00, and rebounded compared to 10:00. When the price rises while the 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 volume and price is often 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 the price to sustain its rise, and there is a risk of a pullback from high levels. Investors should pay attention to whether the trading volume can accompany the price increase and whether there is new buying entering the market.
Upward trend, overbought, recent trading volume has decreased, price has risen, trading volume has declined: upward momentum is weakening. According to the Williams indicator, the current market is overbought. Recent trading volume has decreased, trading volume is lower than in previous hours, price has risen, trading volume has decreased: upward momentum is weakening.

Upward momentum is weakening, market is overbought, it is advisable for investors to operate cautiously and avoid chasing high prices.

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