BOSS Wallet data source, Shiba Inu today's market news, SHIB latest price: $0.000018861, up 25.52% in 24 hours, transaction volume $392 million
Through the analysis of the K-line chart, it is now in a volatile trend. Compared with 21:00, it fell sharply, broke through the low point at 20:00, and fell slightly compared with 16:00. When the price and trading volume rise synchronously, it usually means that the market has strong buying support.
Buyers are actively trading at higher price levels, showing optimistic market sentiment and strong bullish sentiment. In this case, prices are likely to continue to rise in the future as market momentum is strong and buying continues to increase.
Investors should pay close attention to the breakthrough of key resistance levels. If the price can continue to break through and stabilize at a higher level, it indicates the continuation of the upward trend. The trading volume increases and the price rises simultaneously. The Williams indicator shows that there is no overbought or oversold at present.
Trading volume has increased recently, with volume increasing compared to previous hours, and both price and volume rising at the same time: trading is active and upward momentum is strong.
Market sentiment is optimistic and the upward trend may continue. It is recommended to continue to wait and see and pay attention to the breakthrough of key resistance levels.
The above content is for reference only and does not constitute investment advice.