Coin World real-time market morning news: DOT Polkadot price breaks $9.593 per coin, rising 3.55% within the day

BOSS Wallet data source, Polkadot coin polkadot-new today’s price trend, DOT Polkadot coin latest price broke through to $9.593, an increase of 3.55%, volume $13.96 billion

According to the analysis of the Candlestick Chart, it is currently in a state of oscillation. Compared to a significant pump at 18:00, it has rebounded from 11:00 and broken through the high point at 19:00. The price is rising but the volume is decreasing, which usually means that the pump momentum in the market is weakening and the number of buyers is decreasing. This phenomenon of divergence between volume and price may be due to insufficient selling pressure. In this case, the future price may pull back or sideways. Due to the lack of volume support, the price pump may be difficult to sustain, and investors should be alert to the risk of the price falling from high levels. Suggest following whether the volume can keep up with the price pump, and whether there are new buying orders involved. The market is cooling down, and the volume is decreasing. The Williams indicator shows that it is an Overbought opportunity now. Recently, the volume has decreased, with less volume compared to the previous few hours, the price rises, and the volume decreases: the pump momentum weakens.

The upward momentum is weakening. It is recommended to operate cautiously, pay attention to changes in trading volume, and be alert to the risk of price decline.

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