BOSS Wallet data source, Yield Guild Games today's market news, YGG latest price: $0.4783, 24 hours down -0.71%, transaction volume $20.2307 million
According to the candlestick chart, the current trend is downward. It has risen significantly compared to 18:00, rebounded compared to 11:00, and broke through the high point of 19:00. 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.
Volume decreases, price increases. Williams indicator shows that now is a period without overbought and oversold. Volume has decreased recently, volume is lower than in previous hours, price increases, volume decreases: uptrend momentum weakens.

The market's upward momentum has weakened. It is recommended to remain on the sidelines, pay attention to changes in trading volume, and be wary of the risk of falling from highs.
The above content is for reference only and does not constitute investment advice.