Coin World real-time market morning report: DOT Polkadot price breaks through $10.086 per coin, rising 2.00% within the day

BOSS Wallet data source, Polkadot DOT today's market news, DOT Polkadot latest price: $10.086, 24-hour rise 9.5%, volume $17.8 billion

From the analysis of the Candlestick Chart, it is currently in a oscillating trend. Compared to a significant decrease at 22:00, there is a recovery from 17:00 but a decline from 21:00. The price rises but the volume decreases, which usually means the pumping momentum of the market weakens and the number of buyers decreases. This volume-price divergence phenomenon may be due to insufficient selling pressure. In this case, the future price may pullback or Sideways consolidation. Due to the lack of volume support, the price pump may be difficult to sustain, and investors should be wary of the risk of price pullback at high levels. It is suggested to follow the volume to see if it can keep up with the price pump, and whether there are new buying orders coming in. In the oscillating trend, the volume is decreasing while the price is rising. According to the Williams indicator, it is currently Overbought. Recently, the volume has decreased, with a decrease compared to the previous few hours, the price is rising, and the volume is decreasing: the pump momentum is weakening.

The upward momentum weakens, beware of the risk of a pullback, and it is recommended to stay cautious and follow the changes in volume.

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