Coin World real-time market morning briefing: XRP Ripple's price breaks through $1.0871 per coin, rising 3.09% within the day

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BOSS Wallet data source, the latest price message of Ripple XRP, XRPRipple real-time price pump 3.09% to $1.0871, volume $112.62 billion After studying the Candlestick Chart, it is now in a oscillating trend. Compared to a significant pump at 20:00, there is a decrease compared to 13:00. The price rises but the volume decreases, which usually means that the pumping momentum of the market is weakening, and the number of buyers is decreasing. This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, the future price may pullback or move sideways. Due to the lack of volume support, the pump in price may be difficult to sustain, and investors should be vigilant about the risk of a fall in price at high levels. Suggest whether followvolume can keep up with the price pump, and whether there are new buying interests. The market activity is low and the momentum is weakening. According to the Williams indicator, the current market condition is neither Overbought nor Oversold. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours, and the price has risen with a decrease in volume: the pump momentum is weakening.

The upward momentum is weakening, it is recommended to remain cautious, pay attention to changes in trading volume, and wait for the market sentiment to recover. The above content is for reference only and does not constitute investment advice.

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