BOSS Wallet data source, Pepe today's market news, PEPE latest price: $0.000021799, 24 hours down -0.35%, transaction volume $10.767 billion
According to the analysis of the K-line chart, it is now in a volatile trend. It has risen sharply compared to 06:00, rebounded compared to 05:00, and broke through the high point of 03:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise is weakened and the number of buyers is reduced.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should 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 new buying appears.
The market activity is low and the momentum is weakening. The Williams indicator shows that there is no overbought or oversold at present. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price rises and the trading volume decreases: the upward momentum is weakening.

The market's upward momentum has weakened. It is recommended to remain cautious and pay attention to changes in volume and price as well as new buying.
The above content is for reference only and does not constitute investment advice.