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CoinNess real-time market morning report: FIL price breaks through $7.402/coin, rising by 2.01% within the day.
BOSS Wallet data source, FIL today’s price trend, FIL’s latest price has surged to $7.402, an increase of 2.01%, with a volume of $1.374 billion.
From the research results of the Candlestick Chart, it is now in a oscillating trend. Compared to a slight pump at 18:00, a slight decline at 19:00, and a rebound compared to 11:00. When the price rises and the volume decreases, it usually means that the market’s pumping momentum weakens and the number of buyers decreases. This divergence phenomenon is usually due to a lack of selling pressure. In this case, the future price may pullback or move sideways. Due to a lack of volume support, the pump in price is difficult to sustain, and the risk of a high-level pullback should be cautious. Investors should follow the volume to see if it can cooperate with the price pump and whether there are new buying pressure entering the market. The volume decreases and the price rises. According to the Williams Indicator, there is currently no Overbought and Oversold. Recently, the volume has decreased, the volume is lower than a few hours ago, the price rises, and the volume decreases: pump momentum weakens. The upward momentum is weakening, or may face a pullback. It is recommended that investors wait and see and follow the changes in volume.
The above content is for reference only and does not constitute investment advice.