The latest market evening report from CoinWorld: The price of DOT Polkadot coin has reached $8.945 per coin, with a daily increase of 3.51%.

BOSS Wallet data source, Polkadot DOT real-time price, the latest price of DOT Polkadot today reaches $8.945, with a high increase of 3.51%, volume $1.17 billion

Through the analysis of the Candlestick Chart, it is currently in a oscillating trend. Compared to a significant pump at 11:00, there is a rise compared to 08:00, breaking the high point at 12:00. The price rises but the volume decreases, usually indicating a weakening of the market’s pumping momentum and a decrease in the number of buyers. The pump in price may be due to a lack of sell orders, which is considered as a “volumeless pump”. In this case, the future price may experience pullback or Sideways consolidation. Due to the lack of support from volume, the price pump may be difficult to sustain, and the risk of price falling from a high level should be guarded against. Investors should follow if the volume can keep up with the price pump, and whether there are new buyers entering. The market is less active, and the momentum is weakening. According to the Williams indicator, it is now neither Overbought nor Oversold. Recently, the volume has decreased, compared to the previous few hours, the volume has decreased, the price has risen, and the volume has decreased: the pump momentum has weakened.

The upward momentum is weakening, it is recommended to remain cautious, follow the volume changes, and wait for the market sentiment to recover.

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