CoinWorld real-time market morning report: DOT Polkadot price breaks through $9.512 per coin, rising 2.03% within the day

BOSS Wallet data source, Polkadot coin DOT real-time price, DOT Polkadot coin today’s latest price reached $9.512, with a high increase of 2.03%, volume $13.94 billion

From the analysis of the candlestick chart, it is currently in a oscillating trend. Compared to a larger pump at 18:00, there has been a rebound compared to 11:00, breaking through the high point at 19:00. When the price rises while the volume decreases, it usually means that the market’s pumping momentum weakens and the number of buyers decreases. This kind of divergence between price and volume is usually due to a lack of sell orders. In this case, the future price may pullback or consolidate sideways. Due to the lack of volume support, the price pump is difficult to sustain, and the risk of a high-level pullback should be guarded against. Investors should follow whether the volume can complement the price pump and whether new buy orders enter the market. In the oscillating trend, the volume decreases, and the price rises. The Williams indicator shows that it is currently Overbought. Recently, the volume has decreased, the volume has decreased compared to the previous few hours, the price has risen, and the volume has decreased: the pump momentum weakens.

The upward momentum weakens. It is recommended to wait and see and follow the subsequent volume and price coordination.

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