BOSS Wallet data source, ChainLink latest price news, LINK real-time price rises 2.01% to $23.88, trading volume $711 million

According to the candlestick chart analysis, it is currently in a consolidation trend. Slightly up compared to 12:00, slightly down compared to 13:00, and has recovered compared to 09:00. Price is rising but trading volume is decreasing, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
This phenomenon of divergence between price and volume may be due to a lack of selling pressure. In this case, 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 a pullback from high levels and pay attention to whether trading volume can keep up with price increases, and whether new buying interest emerges.
In a consolidation trend, trading volume decreases while prices rise. The Williams indicator suggests that it is currently overbought. Recently, trading volume has decreased, with volume dropping compared to the previous few hours, while prices rise and trading volume decreases: upward momentum is weakening.

Divergence between volume and price, with weakening upward momentum; it is recommended to maintain a wait-and-see approach and be cautious of pullback risks.

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