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BOSS Wallet data source, Cardano ADA today's market news, ADA Cardano latest price: $0.3597, 24-hour rise 3.75%, volume $2.76 billion
According to the analysis of the Candlestick Chart, the current trend is a pump. Compared to the significant pump at 20:00, it has decreased since 16:00. When the price rises but the volume decreases, it usually means the market's pump momentum is weakening and the number of buyers is decreasing.
This volume-price divergence phenomenon is usually caused by a lack of selling pressure. In this context, future prices may experience pullback or sideways consolidation, as the lack of support volume makes it difficult for the price pump to sustain. Investors should be wary of the risk of price pullback at high levels, and follow whether the volume can keep up with the price pump, as well as whether there is new buying interest.
rise trend, volume decreases, price rise. The Williams indicator shows that the current market status is Overbought. Recently, the volume has decreased, with a decrease in volume compared to the previous few hours, the price rose, and the volume decreased: the pump momentum weakened.
ADA-0,5%
PUMP10,07%
SNT-1,76%
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