BOSS Wallet data source, the latest price news of Litecoin LTC, the real-time price of LTC Litecoin rose by 3.51% to $68.62, and the transaction volume was $252 million
From the analysis of the K-line chart, it can be seen that the current trend is oscillating. It has risen significantly compared to 20:00 and has fallen slightly compared to 16:00. Rising prices but falling trading volumes usually mean that the market's upward momentum is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be due to insufficient selling. In this case, prices may pull back or go sideways in the future. Due to the lack of trading volume support, price increases may be difficult to sustain, and investors should be wary of the risk of price declines at 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 intervention. The market activity is low and the momentum is weakening. According to the Williams indicator, it is now overbought. The trading volume has decreased recently, and the trading volume is less than in the previous hours. The price rises and the trading volume decreases: the upward momentum is weakening.

The upward momentum has weakened, so be alert to the risk of falling back from highs. It is recommended to remain cautious and pay attention to trading volume and new buying.
The above content is for reference only and does not constitute investment advice.