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The latest market evening report of Coin World: LTC Litecoin price reaches $113.6 per coin, with a daily increase of 3.00%.
BOSS Wallet data source, Litecoin today's market news, LTC Litecoin latest price: $113.6, rise 10.85% in the past 24 hours, volume $13.38 billion
The candlestick chart shows that there is a pump trend now. Compared to a significant pump at 18:00, it has rebounded from 12:00 and declined from 15:00. The price rises but the volume decreases, usually indicating a weakening pump momentum in the market and a decrease in the number of buyers. A pump in price may be due to a lack of selling pressure, which is referred to as a "volume-less pump." In this case, there may be a pullback or sideways consolidation in future prices. Due to the lack of volume support, a price pump may be difficult to sustain, and caution should be taken for the risk of a drop in price at high levels. Investors should follow if the volume can keep up with the price pump, and if there are new buyers entering. As the market trend is upward, the volume decreases, and the price rises. The Williams indicator indicates that it is an Overbought period now. Recently, the volume has decreased, and it is lower than the previous few hours. The price rises as the volume decreases, and the pump momentum weakens.
The upward momentum is weakening. It is recommended to reduce positions in a timely manner and follow the changes in volume to guard against the risk of price decline.
The above information is for reference only and does not constitute investment advice.