BOSS Wallet data source, Worldcoin today's price trend, WLD latest price breaks to $2.217, an increase of 3.02%, trading volume $473 million

From the analysis of the K-line chart, it can be seen that it is currently in a fluctuation trend. Compared to 21:00, there has been a significant increase, and it has rebounded compared to 17:00, breaking through the high point of 22:00. Price is rising but trading volume is declining, which usually indicates a weakening upward momentum in the market and a decrease in the number of buyers.
The price increase may be due to a lack of sell orders, which is considered 'upward movement without volume'. In this case, there may be a correction or consolidation in future prices. Due to the lack of support from trading volume, the price increase may be difficult to sustain, and the risk of price retreating at high levels should be monitored.
Investors should pay attention to whether trading volume can keep up with the price increase, and whether there are new buy orders entering. Trading volume decreases while price increases. According to the Williams indicator, it is currently in a state of neither overbought nor oversold. Recently, trading volume has decreased, with trading volume down compared to a few hours ago, price is rising, and trading volume is declining: upward momentum is weakening.

Upward momentum is weakening, it is advisable to remain cautious and pay attention to changes in trading volume and market direction.

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