Source of BOSS Wallet data, Polkadot-new today's market news, the latest price of DOT Polkadot: $5.732, up 11.17% in 24 hours, transaction volume $446 million
According to the analysis of the candlestick chart, it is now in a volatile trend. It has risen significantly compared to 22:00 and has fallen compared to 18:00. The simultaneous rise in price and trading volume usually points to strong buying support in the market. Buyers are trading a lot at higher price levels, indicating that the market sentiment is optimistic and bullish.
Against this backdrop, prices are likely to continue to rise in the future as the market's momentum remains strong and buying continues to pour in. Investors should focus on the breakout of key resistance levels, as if prices can continue to break out and consolidate at higher levels, it would signal a continuation of the uptrend.
The trading volume is rising, and the price is rising at the same time. Judging by the Williams indicator, it is now overbought. The trading volume has increased recently, and the trading volume is higher than in the previous few hours. The price and trading volume are rising at the same time: trading is active and the upward momentum is strong.
The market is bullish and investors are advised to pay attention to the breakthrough of resistance levels, remain on the sidelines and wait for the trend to become clear.
The above content is for reference only and does not constitute investment advice.