Coin World real-time market morning report: DOT Polkadot coin price breaks through $9.901 per coin, rising 2.02% during the day

BOSS Wallet data source, Polkadot coin DOT today’s market news, DOT Polkadot coin latest price: $9.901, 24-hour rise 11.62%, volume $15.11 billion

According to the analysis of the Candlestick Chart, it is currently in a oscillating trend. Compared to a significant pump at 18:00, it has rebounded slightly from 11:00 and broken through the high point at 19:00. The price is rising but the volume is decreasing, which usually indicates a weakening pump momentum in the market and a decrease in the number of buyers. This phenomenon of divergence between volume and price may be due to a lack of selling pressure. In this case, future prices may experience pullback or sideways consolidation, as the lack of volume support makes it difficult for the price pump to sustain. Investors need to be cautious about the risk of a high-level pullback, whether the volume can follow the price pump, and whether there is new buying interest. The market is cool, volume decreases. The Williams indicator shows that the current status is Overbought. Recently, the volume has decreased, the volume is less than a few hours ago, the price rises, and the volume decreases: the pump momentum weakens. The upward momentum is weakening, be cautious of a high-level pullback, and it is recommended to trade with caution, follow the changes in volume.

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