BOSS Wallet data source, ConstitutionDAO today's market news, PEOPLE latest price: $0.04535, 24-hour increase 2.951%, trading volume $73.085 million
From the analysis of the K-line chart, it is currently in a downward trend. Compared to 16:00, there was a significant increase, breaking through the 12:00 high. The synchronous rise in price and trading volume usually indicates strong buying support in the market.
Buyers are making large trades at higher price levels, indicating optimistic market sentiment and strong bullish sentiment. In this context, future prices may continue to rise as market momentum remains strong and buying pressure continues to flow in.
Investors should focus on the breakout of key resistance levels. If the price can consistently break through and stabilize at a higher position, it indicates the continuation of the upward trend. The synchronous rise in price and trading volume shows strong market momentum. According to the Williams indicator, it is currently neither overbought nor oversold.
Recently, trading volume has increased, with volume rising compared to the previous few hours, and price and volume rising simultaneously: trading is active, and upward momentum is strong.
Market sentiment is optimistic, the upward trend continues, and investors are advised to hold on and pay attention to the breakout of resistance levels.
The above content is for reference only and does not constitute investment advice.