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WLD price reaches $2.294 per coin, up 3.52% on the day

WLD price reaches $2.294 per coin, up 3.52% on the day

Bitget2025/01/17 20:52

Worldcoin latest price news, WLD real-time price up 3.52% to $2.294, trading volume $273 million 

By looking at the k-chart, it is currently in an oscillating trend. It is more sharply up compared to 13:00 and down from 09:00. 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 it difficult to sustain price rises. Investors should be wary of the risk of a pullback from the highs and keep an eye on the volume to see if it can keep up with the price rise and if new buying is occurring.
In an oscillator trend, trading volume decreases and price rises. According to the Williams indicator, there is no overbought or oversold condition. Recently trading volume has decreased, trading volume is lower than in the previous hours, price is rising, trading volume is falling: upward momentum is weakening.

Volume and price divergence, upward momentum weakened, suggest wait and see, alert to the risk of retracement.

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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