Coin World real-time market morning report: DOT Polkadot coin price breaks through $9.705 per coin, rise 2.03% within the day

BOSS Wallet data source, the current price of Polkadot-new, DOT, has reached $9.705, with a rise of 2.03%, volume $14.15 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 has broken through the high point at 19:00. When the price rises and the volume decreases, it usually means that the market's pumping momentum weakens and the number of buyers decreases. This phenomenon of divergence between volume and price is usually due to a lack of selling pressure. In this case, the future price may pullback or move sideways. Due to the lack of volume support, the pump in price is difficult to sustain, and the risk of falling from a high level should be noted. Investors should follow whether the volume can match the price pump and whether there are new buying pressures entering the market. Market sentiment is low, and volume is decreasing. The Williams indicator indicates that it is currently an Overbought period. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours, and the price has risen, but the volume has declined: the pump momentum has weakened. The upward momentum is weakening, it is recommended to operate cautiously, follow the volume changes, and avoid blindly getting on board.

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