YGG price reaches $0.7338 per coin, up 3.54% intraday

Yield Guild Games latest price news, YGG real-time price rose 3.54% to $0.7338 with $174 million traded From the study of the k-chart, it is now a downtrend. Compared to 15:00 it is up more sharply, it has recovered from 13:00 and broke the high of 16:00. Rising prices but falling trading volumes usually indicate a weakening of upward momentum in the market and a reduction in the number of buyers. The rise in prices may have been caused by a lack of selling and is considered a ‘no volume rise’. In this case, prices may retrace or move sideways in the future. Because of the lack of volume, the price rise may be unsustainable, and there is a risk that the price will fall back from the high level. Investors should pay attention to whether the trading volume can keep up with the price rise and whether there is new buying intervention. Trading volume is decreasing and prices are rising. The Williams indicator suggests that it is now in a state where it is not overbought or oversold. The volume of trading has decreased recently, the trading volume is lower than in the previous hours, the price is rising and the trading volume is decreasing: the upward momentum is weakening. Upward momentum is weakening, it is recommended to wait and see, pay attention to changes in trading volume and new buyers to intervene. The above content is for reference only and does not constitute investment advice.