BOSS Wallet data source, Yield Guild Games latest price news, YGG real-time price rose 3.56% to $0.5406, transaction volume $53.4222 million
By studying the K-line chart, it is now in an upward trend. It has risen significantly compared to 21:00, rebounded compared to 20:00, and declined compared to 16:00. The price rises but the trading volume decreases, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may fall back or go sideways in the future, because the lack of trading volume support makes it difficult for price increases to continue. Investors need to be alert to the risk of a pullback from highs, and pay attention to whether trading volume can keep up with price increases and whether there is new buying intervention.
The market is in an upward trend, and the trading volume has decreased, indicating that the market is quiet. According to the Williams indicator, there is no overbought or oversold at present. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price rises and the trading volume decreases: the upward momentum is weakened.

The market's upward momentum has weakened. It is recommended to wait and see, wait for signs of recovery, and be alert to the risk of a pullback.
The above content is for reference only and does not constitute investment advice.