Coin World real-time market morning report: YGG price breaks through $0.7313 per coin, rising 3.03% within the day

BOSS Wallet data source, Yield Guild Games latest price update, YGG real-time price pump 3.03% to $0.7313, volume $1.49 hundred million

By observing the Candlestick Chart, it is currently in a pump trend. Compared to a slight pump at 22:00, a slight decrease at 21:00, a rebound compared to 14:00, and a decline compared to 18:00. The price is rising but the volume is decreasing, which usually means that the market's pump momentum is weakening and the number of buyers is decreasing. This volume-price divergence phenomenon may be due to insufficient selling pressure. In this case, the price may pull back or consolidate sideways in the future. Due to the lack of volume support, the price pump may be difficult to sustain, and investors should be alert to the risk of price pullback at high levels. Suggest whether follow volume can keep up with the pump in price, and whether there are new buying orders involved. Recently, the volume has decreased, weakening the rise momentum of the price. The Williams indicator indicates that the current situation is Overbought. Recently, the volume has decreased, with less volume compared to the previous few hours, the price rises, and the volume decreases: weakening the pump momentum.

The market's upward momentum is weakening, it is recommended to reduce position or wait and see, be vigilant about pullback risk, and follow volume changes.

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