Coin World real-time market morning report: DOT Polkadot price breaks $9.93 per coin, rising 3.51% within the day.

BOSS Wallet data source, Polkadot (DOT) price today, the latest price of Polkadot (DOT) has surged to $9.93, with a 3.51% increase, volume $15.11 billion.

After studying the Candlestick Chart, it is currently in a oscillating trend. Compared to a significant pump at 18:00, it has rebounded from 11:00 and broken through the high point at 19:00. The price is rising but the volume is decreasing, which usually means that the pumping momentum in the market is weakening and the number of buyers is decreasing. This volume-price divergence phenomenon may be due to insufficient selling pressure. In this case, the future price may pullback or sideways. Due to the lack of volume support, the price pump may be difficult to sustain, and investors should be wary of the risk of a pullback at high levels. Suggest following whether the follow volume can keep up with the price pump and whether there are new buying orders coming in. In the Overbought state, the volume decreases and the price rises. The Williams indicator indicates that it is currently in an Overbought state. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours, and the price has risen, indicating a weakening pump momentum.

The market's upward momentum is weakening. It is recommended to wait and observe, and wait for changes in volume and new buying interest to determine the direction.

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