BOSS Wallet data source, Shiba Inu real-time price quotes, SHIB's latest price today is $0.00002498, an increase of 2.00%, and a transaction volume of $1.822 billion
From the analysis of the K-line chart, we know that the current trend is oscillating. It has risen significantly compared to 17:00, rebounded compared to 15:00, and declined compared to 10:00. When the price rises but the trading volume decreases, it usually means that the upward momentum of the market is weakening and the number of buyers is decreasing.
This phenomenon of volume-price divergence is usually caused by a lack of selling. In this context, prices may experience a correction or sideways movement in the future, as the price increase is difficult to sustain due to the lack of trading volume support. Investors should be wary of the risk of a price decline at a high level, and pay attention to whether the trading volume can keep up with the price increase and whether there is new buying intervention.
The trading volume is decreasing and the price is rising. According to the Williams indicator, it is not overbought or oversold now. The trading volume has decreased recently, and the trading volume is less than the previous few hours. The price is rising and the trading volume is decreasing: the upward momentum is weakening.

The upward momentum has weakened, so it is recommended to wait and see and make decisions after the market direction is clear.
The above content is for reference only and does not constitute investment advice.

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