Coin World's latest evening market report: YGG price reaches $0.6799 per coin, with a daily increase of 3.53%

BOSS Wallet data source, Yield Guild Games today’s price trend, YGG’s latest price has surged to $0.6799, an increase of 3.53%, volume$8988.99 million

From the analysis of the Candlestick Chart, it is known that there is currently a trend of oscillation. Compared to a significant pump at 07:00, there is a rebound compared to 04:00, breaking through the high point at 08:00. The price rises but the volume decreases, which usually indicates a weakening pump momentum in the market and a decrease in the number of buyers. This volume-price divergence may be due to a lack of selling pressure. In this case, the future price may experience a pullback or sideways consolidation, as the lack of volume support makes it difficult for the price pump to sustain. Investors need to be aware of the risk of a high-level pullback, whether the follow volume can keep up with the price pump, and whether there are new buyers entering. Overbought state, volume decreases, price rises. The Williams indicator indicates that it is currently Overbought. Recently, the volume has decreased, the volume has decreased compared to the previous few hours, and the price has risen. The volume decreases: the pump momentum weakens. Market momentum is weakening, it is recommended to wait and see, wait for the market direction to be clear, and be alert to the risk of a pullback from the high.

The above content is for reference only and does not constitute investment advice.