BOSS Wallet data source, Pepe today's price trend, PEPE's latest price has risen to $0.00000763, an increase of 3.11%, trading volume $494 million

From the candlestick chart, it can be seen that it is currently in a volatile trend. Compared to 20:00, there has been a significant increase, a recovery compared to 12:00, breaking through the high point of 19:00. When the price rises while the trading volume decreases, it usually indicates that the market's upward momentum is weakening, and the number of buyers is decreasing.

This divergence phenomenon between volume and price is often due to a lack of sell orders. In this case, future prices may experience a pullback or sideways consolidation. Due to the lack of trading volume support, it is difficult for price increases to be sustained, and caution should be exercised regarding the risk of a high position pullback. Investors should pay attention to whether trading volume can accompany price increases and if new buyers are entering the market.

In a volatile trend, trading volume decreases while the price rises. The Williams indicator indicates that there is currently no overbought or oversold situation. Recently, trading volume has decreased, with volume lower than in the previous few hours, price rising, and volume decreasing: upward momentum is weakening.

The market's upward momentum is weakening; it is recommended to remain cautious and focus on changes in trading volume and the situation of new buyers entering the market.

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