BOSS Wallet data source, Pepe's price today, PEPE's latest price broke through $0.000023488, an increase of 3.05%, and the transaction volume was $10.767 billion
From the K-line chart, we can see that the current trend is oscillating. It fell sharply compared to 20:00, rebounded compared to 15:00, and fell compared to 12:00. The price rose but the trading volume fell, which usually means that the momentum of the market rise is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence may be caused by a lack of selling. In this case, prices may experience a pullback 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 alert to the risk of a pullback from highs and pay attention to whether trading volume can keep up with price increases and whether new buying appears.
The volume is decreasing, the price is rising. According to the Williams indicator, it is not overbought or oversold. The volume has decreased recently, and the volume is less than in the previous hours. The price is rising, and the volume is falling: the upward momentum is weakening.
The upward momentum has weakened, so it is recommended to wait and see and make decisions after the market direction is clear.

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