BOSS Wallet data source, Worldcoin today's market news, WLD latest price: $2.3, up 1.28% in 24 hours, transaction volume $632 million
By studying the K-line chart, it is now in a volatile trend. It is slightly higher than 08:00, slightly lower than 09:00, and higher than 01:00. The price rises but the trading volume decreases, which usually means that the momentum of the market rise 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 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 trading volume is decreasing, the price is rising. The Williams indicator indicates that there is no overbought or oversold. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price is rising, and the trading volume is decreasing: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to wait and see, pay attention to changes in volume and price and new buying, and be wary of the risk of a pullback.
The above content is for reference only and does not constitute investment advice.