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LINK price reaches $21.57 per piece, up 3.55% on the day

LINK price reaches $21.57 per piece, up 3.55% on the day

Bitget2025/01/01 22:54

Latest price news, LINK real time price rose 3.55% to $21.57, trading volume $591 million Based on the k-chart, it is currently in an oscillating trend. It is up sharply from 17:00, back up from 10:00 and down from 13:00. A rise in price but a fall in trading volume is usually an indication that the market's upward momentum is weakening and the number of buyers is decreasing. The rise in price may be due to a lack of selling and is considered a “no volume rise”. In this case, prices may retrace or move sideways in the future. Because of the lack of volume, the price rise may be unsustainable, and there is a risk that the price will fall back from the high level. Investors should pay attention to whether the trading volume can keep up with the price rise and whether there is new buying intervention. Market heat is low and trading volume has decreased. The Williams indicator shows that it is currently overbought. 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. The market's upward momentum is weakening, so it is recommended to operate cautiously, pay attention to changes in trading volume, and avoid blind entries. The above 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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