BOSS Wallet data source, Yield Guild Games latest price news, YGG real-time price increased by 3.03% to $0.7313, trading volume $149 million

By observing the K-line chart, it is currently in an upward trend. Slightly up from 22:00, slightly down from 21:00, rebounding from 14:00, and decreasing from 18:00. Price is rising but trading volume is decreasing, which usually indicates that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, the future price may correct or consolidate sideways. Due to the lack of volume support, it may be difficult for the price increase to sustain, and investors should be wary of the risk of price retreating from 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 interest. Recently, trading volume has decreased, and the upward momentum of the price has weakened. The Williams indicator indicates that it is currently in the overbought zone. Recently, trading volume has decreased, with volume down compared to previous hours, price rising while volume is declining: upward momentum is weakening.

The market's upward momentum is weakening, and it is advisable to reduce positions or wait and see, being cautious of the risk of correction and paying attention to changes in trading volume.

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