Coin World News Real-time Market Morning Report: LINK price breaks through $26.35/coin, rising 2.13% within the day.

BOSS Wallet data source, the latest price message from Chainlink, LINK real-time price pump 2.13% to $26.35, volume $80.12 billion

Through the analysis of the candlestick chart, the current trend is oscillating. Compared to a significant pump at 18:00, there is a slight rise compared to 11:00, and a slight decrease compared to 13:00. The price rises but the volume decreases, usually indicating a weakening momentum in the market pump and a reduction in the number of buyers. This volume-price divergence phenomenon may be caused by a lack of selling pressure. In this case, the future price may experience a pullback or sideways consolidation due to a lack of volume support, making it difficult for the price pump to sustain. Investors need to be vigilant about the risk of a high-level pullback, whether the follow volume can keep up with the price pump, and whether there are new buying orders. The volume decreases, and the price rises. According to the Williams indicator, the current state is Overbought. Recently, the volume has decreased. The volume has decreased compared to the previous few hours, and the price has risen. When the volume decreases, the pump momentum weakens. The upward momentum is weakening, may pullback or Sideways, it is recommended to wait and see, follow volume and new buying interest.

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