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YGG price reaches $0.6796 per coin, up 3.50% on the day

YGG price reaches $0.6796 per coin, up 3.50% on the day

Bitget2024/12/16 22:11

Yield Guild Games today's price quote, YGG latest price breakout to $0.6796, up 3.50%, trading volume $71,233,200 Based on the analysis of the k-chart, it is now in an uptrend. Compared to 18:00 it fell sharply and recovered from 11:00. When prices rise and volume falls, it usually means that the market's upward momentum is weakening and the number of buyers is decreasing. This volume-price divergence is usually due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of volume support, price rises are unsustainable and one needs to be wary of the risk of a pullback from higher levels. Investors should keep an eye on the trading volume to see if it matches the price rise and if new buying enters the market. Uptrend, volume down, price up. The Williams indicator shows that it is currently overbought. Trading volume has decreased recently, trading volume is lower than in the previous hours, price is rising, trading volume is falling: upward momentum is weakening. As the market's upward momentum is weakening, it is recommended to remain cautious, reduce positions appropriately, and pay attention to changes in trading volume and new buy orders. The above is for reference only and does not constitute investment advice.

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