BOSS Wallet data source, Dogecoin DOGE today's market news, DOGE Dogecoin latest price: $0.35472, up 3.944% in 24 hours, transaction volume $2.523 billion

From the analysis of the K-line chart, it is currently in an upward trend. It is slightly higher than 10:00, slightly lower than 11:00, and higher than 07:00. When prices rise but trading volume decreases, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of price decline at high levels and pay attention to whether trading volume can keep up with the price increase and whether there is new buying intervention.
Market trend is upward, trading volume is decreasing, and prices are rising. According to the Williams indicator, it is currently overbought. Recently, trading volume has decreased, with volume down compared to the last few hours, prices are rising, and volume is declining: upward momentum is weakening.
Upward momentum is weakening, it is recommended to appropriately reduce positions, pay attention to new buying interest, and guard against the risk of price retracement at high levels.


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

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