SHIB price reaches $0.00002124 per coin, up 2.02% on the day
Shiba Inu latest price news, SHIB real time price up 2.02% to $0.00002124 with trading volume of $327 million From the analysis of the k-chart, it is now in an oscillator trend. It rose more sharply compared to 11:00 and recovered from 09:00 to break above the 12:00 high. 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 move sideways in the future as the lack of volume support makes it difficult to sustain the price rise. Investors should be wary of the risk of a pullback from higher levels and keep an eye on whether the trading volume can keep up with the price rise and whether new buying is occurring. Trading volume is decreasing and price is rising. The Williams indicator suggests that the current belongs to no overbought and oversold. The volume of trading has decreased recently, the trading volume is lower than in the previous hours, the price is rising and the trading volume is decreasing: the upward momentum is weakening. Upward momentum is weakening, it is recommended to wait and see, pay attention to changes in trading volume and market direction. 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.
You may also like
Data: Raydium's revenue from fees reached 35.29 million USD in the past 7 days