BOSS Wallet data source, Litecoin LTC today's price trend, the latest price of LTC Litecoin has broken through to $104.47, with an increase of 3.02%, trading volume of $578 million

Based on candlestick chart analysis, the current trend is oscillating. Compared to 11:00, there is a slight decline, an increase from 04:00, and a decrease from 09:00. When the price rises but 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 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 prices to continue rising. Investors should be wary of the risk of price declines at high levels and pay attention to whether trading volume can keep up with price increases and whether there is new buying interest.
Overbought condition, decreasing trading volume, rising prices. According to the Williams indicator, it is currently in an overbought state. Recently, trading volume has decreased, with volume down from a few hours ago, while prices are rising and trading volume is declining: upward momentum is weakening.

Market upward momentum is weakening, it is recommended to remain cautious, paying attention to changes in trading volume and new buying interest.

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