BOSS Wallet data source, Litecoin LTC today's price trend, the latest price of LTC has broken through to $114.54, an increase of 3.02%, trading volume $617 million

According to the K-line chart analysis, it is currently in a volatile trend. Compared to the significant drop at 19:00, it has rebounded from 18:00, but decreased from 12:00. The price is rising but trading volume is declining, which usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing.
The price increase may be due to a lack of selling pressure, which is considered 'upward movement without volume.' In this case, the future price may experience a pullback or sideways consolidation. Due to the lack of trading volume support, the price increase may be difficult to sustain, and one should be cautious of the risk of a price retreat at high levels.
Investors should pay attention to whether trading volume can keep up with the price increase and whether there is new buying interest. Market activity is low, and momentum is weakening. The Williams indicator indicates that it is currently overbought. Recently, trading volume has decreased, trading volume has reduced compared to the previous few hours, with the price rising and trading volume falling: upward momentum is weakening.

Upward momentum is weakening, it is advisable to remain cautious, monitor changes in trading volume, and wait for market sentiment to recover.

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