BOSS Wallet data source, ConstitutionDAO today's price quote, PEOPLE's latest price breakthrough to $0.07015, an increase of 3.60%, volume $1.81 billion
Through the analysis of the candlestick chart, it is currently in a oscillating trend. There is a slight pump compared to 14:00, a slight decrease compared to 13:00, and a slight rebound compared to 10:00. When the price rises while the volume decreases, it usually means that the market's pumping momentum is weakening and the number of buyers is decreasing.
This volume-price divergence phenomenon is usually due to a lack of selling pressure. In this case, the future price may pullback or consolidate sideways. Due to the lack of volume support, the price pump is difficult to sustain, and the risk of a high-level pullback should be cautious. Investors should follow whether the volume can match the price pump and whether new buying pressure enters the market.
volume decreases, prices rise. According to the Williams indicator, the current market condition is Overbought. Recently, there has been a decrease in volume, with volume decreasing compared to the previous few hours. Prices rise, but volume declines: pump momentum weakens.
The upward momentum is weakening, the market is overbought, it is recommended to wait and see, and be cautious of the risk of price pullback.
The above content is for reference only and does not constitute investment advice.
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The latest market evening report from BiJieWang: PEOPLE price reached 0.07015 US dollars/coin, with an increase of 3.60% within the day.
BOSS Wallet data source, ConstitutionDAO today's price quote, PEOPLE's latest price breakthrough to $0.07015, an increase of 3.60%, volume $1.81 billion
Through the analysis of the candlestick chart, it is currently in a oscillating trend. There is a slight pump compared to 14:00, a slight decrease compared to 13:00, and a slight rebound compared to 10:00. When the price rises while the volume decreases, it usually means that the market's pumping momentum is weakening and the number of buyers is decreasing. This volume-price divergence phenomenon is usually due to a lack of selling pressure. In this case, the future price may pullback or consolidate sideways. Due to the lack of volume support, the price pump is difficult to sustain, and the risk of a high-level pullback should be cautious. Investors should follow whether the volume can match the price pump and whether new buying pressure enters the market. volume decreases, prices rise. According to the Williams indicator, the current market condition is Overbought. Recently, there has been a decrease in volume, with volume decreasing compared to the previous few hours. Prices rise, but volume declines: pump momentum weakens. The upward momentum is weakening, the market is overbought, it is recommended to wait and see, and be cautious of the risk of price pullback.
The above content is for reference only and does not constitute investment advice.