BOSS Wallet data source, Yield Guild Games today's market news, YGG latest price: $0.663, 24-hour fall-3.11%, volume$1.19 billion
Based on the analysis of the candlestick chart, it is currently in a downtrend. Compared to a significant pump at 12:00, there is some recovery compared to 08:00, breaking through the high point at 13:00. The price rises but the volume decreases, usually indicating a weakening momentum of the market pump and a reduction in the number of buyers.
This volume-price divergence may be due to a lack of selling pressure. In this case, the future price may experience pullback or Sideways consolidation due to a lack of volume support, making it difficult for the price pump to sustain. Investors should be alert to the risk of a high-level pullback and follow whether the volume can keep up with the price pump, as well as whether new buying pressure appears.
The volume decreases and the price rises. Judging by the Williams Indicator, there is currently no Overbought and Oversold. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours. The price rises, and the volume decreases: the pump momentum weakens.
The upward momentum is weakening. It is recommended to wait and see, follow the changes in volume and whether there are new buying orders, and be alert to the risk of a high-level retreat.
The above content is for reference only and does not constitute investment advice.
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The latest evening report of Coin World: YGG price reached $0.663 per coin, with an intra-day increase of 3.53%.
BOSS Wallet data source, Yield Guild Games today's market news, YGG latest price: $0.663, 24-hour fall-3.11%, volume$1.19 billion
Based on the analysis of the candlestick chart, it is currently in a downtrend. Compared to a significant pump at 12:00, there is some recovery compared to 08:00, breaking through the high point at 13:00. The price rises but the volume decreases, usually indicating a weakening momentum of the market pump and a reduction in the number of buyers. This volume-price divergence may be due to a lack of selling pressure. In this case, the future price may experience pullback or Sideways consolidation due to a lack of volume support, making it difficult for the price pump to sustain. Investors should be alert to the risk of a high-level pullback and follow whether the volume can keep up with the price pump, as well as whether new buying pressure appears. The volume decreases and the price rises. Judging by the Williams Indicator, there is currently no Overbought and Oversold. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours. The price rises, and the volume decreases: the pump momentum weakens.
The upward momentum is weakening. It is recommended to wait and see, follow the changes in volume and whether there are new buying orders, and be alert to the risk of a high-level retreat.
The above content is for reference only and does not constitute investment advice.