DOT Boca Coin price tops $8.399 per coin, up 2.02% intraday
Polkadot-new Today's price quote, DOT Polkadot latest price breaks to $8.399, up 2.02%, with a trading volume of $1.659 billion The analysis of the k-chart shows that it is now in an oscillating trend. It is more sharply up compared to 18:00, back up from 15:00 and down from 11:00. A rise in price but a fall in trading volume usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing. This volume-price divergence may be caused by a lack of selling. In this case, prices may retrace or consolidate sideways in the future as the lack of volume support makes price rises difficult to sustain. Investors should be wary of the risk of a pullback from higher levels and keep an eye on whether trading volume can keep up with price rises and whether new buying is occurring. Low market heat and reduced trading volume. The Williams Indicator shows that the market is now classified as not overbought or oversold. Trading volume has decreased recently, trading volume is lower than in the previous hours, price is rising and trading volume is falling: upward momentum is weakening. Rising momentum is weakening, it is recommended to operate cautiously, pay attention to changes in trading volume and avoid blind entries. The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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