Source of BOSS Wallet data, real-time price of Cardano ADA. The latest price of Cardano ADA today is $0.7844, an increase of 2.07%, and the transaction volume is $1.956 billion.
According to the K-line chart analysis, it is now an upward trend. It is slightly higher than 12:00, slightly lower than 11:00, higher than 08:00, and lower than 10:00. Rising prices but falling trading volume usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at high levels.
It is recommended to pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention. Market sentiment is low and prices are rising. Judging by 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 upward momentum has weakened, so it is recommended to wait and see, pay attention to changes in trading volume, and be wary of the risk of price decline.
The above content is for reference only and does not constitute investment advice.