BOSS Wallet data source, latest price news for Dogecoin DOGE, the real-time price of DOGE has increased by 3.08% to $0.36125, trading volume $2.611 billion

By studying the K-line chart, it is currently in an upward trend. Slightly up compared to 10:00, slightly down compared to 11:00, and has rebounded compared to 07:00. Prices are rising but trading volume is falling, which usually indicates that the upward momentum in the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to a lack of sell orders. In this case, future prices may experience a pullback or sideways consolidation, as the lack of trading volume support makes it difficult for prices to continue rising. Investors should be cautious of the risk of a high-level pullback and pay attention to whether trading volume can keep up with price increases and if new buying orders appear.
The market trend is upward, trading volume is decreasing, and prices are rising. The Williams indicator shows that now is the time for overbought conditions. Recently, trading volume has decreased, trading volume has dropped compared to previous hours, and prices are rising while trading volume is falling: upward momentum is weakening.

Upward momentum is weakening, it is recommended to reduce positions in a timely manner, and pay attention to trading volume and new buying orders.

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

#DOGE