CoinWorld real-time market morning report: PEOPLE price breaks 0.0671 USD/coin, rising by 3.01% within the day

BOSS Wallet data source, ConstitutionDAO today's price quote, PEOPLE's latest price breakthrough to $0.0671, an increase of 3.01%, volume $2.19 hundred million

Based on the analysis of the Candlestick Chart, it is currently in a pump trend. Compared to a significant pump at 21:00, it has risen from the low at 17:00 and broken through the high point at 22:00. The price rises but the volume decreases, usually indicating a weakening pump momentum in the market and a decrease in the number of buyers. This volume-price divergence phenomenon may be due to a lack of selling pressure. In this case, the future price may experience a pullback or Sideways consolidation, as the lack of support volume makes it difficult for the price to pump sustainably. Investors need to be alert to the risk of a high-level pullback, follow whether the volume can keep up with the price pump, and whether there are new buyers entering the market. Recently, the volume has decreased, and the price's rising momentum has weakened. The Williams indicator shows that the current market is Overbought. The volume has decreased recently, compared to the previous few hours, the volume has decreased, the price has risen, and the volume has decreased: pump momentum weakened.

The upward momentum weakens, the market is overbought, it is recommended to reduce positions or wait and see, and pay attention to the risk of pullback.

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