BOSS Wallet data source, Worldcoin today's market news, latest WLD price: $2.191, 24-hour increase of 4.234%, trading volume $182 million
According to the analysis of the candlestick chart, it is currently in a consolidation trend. Compared to 17:00, there has been a significant increase, a rebound compared to 09:00, and a decrease compared to 13:00. The price is rising but the trading volume is declining, which usually indicates a weakening momentum for the market's upward movement and a decrease in the number of buyers.
This divergence phenomenon between volume and price may be caused by a lack of selling pressure. In this case, future prices may experience a correction or sideways consolidation, as the lack of trading volume support makes it difficult for price increases to sustain. Investors should be cautious of the risk of a pullback from high levels and pay attention to whether trading volume can keep up with price increases and whether new buying pressure emerges.
Trading volume decreases while price rises. The Williams indicator indicates that it is currently overbought. Recently, trading volume has decreased, with volume lower than in previous hours, and price is rising while trading volume is declining: upward momentum is weakening.
Market momentum is weakening, and upward movement may be difficult to sustain; it is advisable to remain cautious and watch for pullback risks.
The above content is for reference only and does not constitute investment advice.