BOSS Wallet data source, Dogecoin DOGE real-time price trend, today's latest price of DOGE has reached $0.45227, with an increase of 3.50%, trading volume $8.635 billion

According to the candlestick chart, it is currently in an upward trend. Compared to 21:00, it has dropped significantly, risen compared to 14:00, and decreased compared to 16:00. When the price rises but trading volume decreases, it usually indicates that the upward momentum in the market is weakening, and the number of buyers is decreasing.
This phenomenon of divergence between volume and price is usually caused by a lack of selling pressure. In this context, future prices may experience a pullback or sideways consolidation, as the lack of support from trading volume makes it difficult for prices to sustain increases. Investors should be alert to the risk of price retracement at high levels and monitor whether trading volume can keep up with the price increase, as well as whether new buying interest emerges.
Decreased trading volume, weakened upward momentum. The Williams indicator indicates that it is currently neither overbought nor oversold. Recent trading volume has decreased, with trading volume down compared to the previous few hours, while the price has risen and trading volume has fallen: upward momentum is weakening.
Weakened upward momentum, cautious operation is recommended, pay attention to changes in volume, and be alert to pullback risks.


The above content is for reference only and does not constitute investment advice.

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