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TRX boba price reaches $0.3 per coin, up 2.04% on the day

TRX boba price reaches $0.3 per coin, up 2.04% on the day

Bitget2024/12/16 22:10

Wavefield TRX real-time price quotes, TRX wavefield today the latest price reached $ 0.3, up as much as 2.04%, trading volume of $ 1.662 billion Based on the analysis of the k chart, now in an uptrend. Compared to 16:00 it fell sharply and recovered from 11:00. A rise in price but a fall in trading volume usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing. 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 volume support makes price rises difficult to sustain. Investors should be wary of the risk of a pullback from higher levels and keep an eye on whether trading volume can keep up with price rises and whether new buying is occurring. Trading volume is down from previous days, price is rising and trading volume is falling: upward momentum is weakening. According to the Williams indicator, it is currently overbought. The volume of trading has decreased recently, the trading volume is lower than in the previous hours, the price is rising and the trading volume is falling: the upward momentum is weakening. Upward momentum is weakening, it is recommended to reduce positions and wait for market clarity. The above content is for reference only and does not constitute investment advice.

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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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