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YGG price reaches $0.8125 per piece, up 3.06% intraday

YGG price reaches $0.8125 per piece, up 3.06% intraday

Bitget2024/12/05 20:24
YGG+0.94%

BOSS Wallet data source, Yield Guild GamesYGG latest price: $0.8125, down -1.443% in 24 hours, $172 million traded By the resolution of the k-chart, it is now in a downtrend. Compared to 14:00 it is more sharply up and down from 07:00. Rising prices but falling trading volume usually indicates a weakening of upward momentum in the market and a decrease in the number of buyers. This volume-price divergence may be caused by a lack of selling. In this case, prices may retrace or consolidate sideways in the future as the lack of trading volume makes it difficult to sustain price rises. Investors need to be alert to the risk of a pullback from higher levels and watch for trading volume to keep up with price rises and for new buying to step in. Trading volume decreases and price rises. The Williams Indicator suggests that it is now free of overbought and oversold. Trading volume has decreased recently, trading volume is lower than in the previous hours, price is rising and trading volume is falling: upward momentum is weakening. Rising momentum is weakening, or there is a risk of retracement, it is recommended to wait and see and pay attention to changes in trading volume. The above content is for reference only and does not constitute investment advice.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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