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TRX boba price breaks above $0.2677 per coin, up 3.52% intraday

TRX boba price breaks above $0.2677 per coin, up 3.52% intraday

Bitget2024/12/10 21:46
TRX+0.11%

Wavefield tron real-time price quote, TRX wavefield today the latest price reached $0.2677, up 3.52%, trading volume of $2.835 billion By studying the k-chart, it is now in a downtrend. It is more sharply up compared to 18:00, back up from 17:00 and down from 11:00. When prices rise and volume falls, it usually means that the market's upward momentum is weakening and there are fewer buyers. This volume-price divergence is usually due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of volume support, price rises are unsustainable and one needs to be wary of the risk of a pullback from higher levels. Investors should keep an eye on the trading volume to see if it matches the price rise and if new buying enters the market. The market is losing heat and trading volume is decreasing. Based on the Williams indicator, the current market state is not overbought or oversold. There has been a recent decrease in trading volume, the volume of trades is lower than in the previous hours, the price is rising and the volume of trades is falling: the upward momentum is weakening. Rising momentum is weakening, it is recommended to operate cautiously, pay attention to changes in trading volume, and be alert to the risk of falling back from high levels. The above 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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