LINK price reaches $26.05 per piece, up 2.28% on the day

LINK's latest price reached $26.05 today, up 2.28%, with a trading volume of $2.073 billion The analysis of the k-chart shows that it is currently in an oscillating trend. It rose slightly compared to 12:00, fell slightly compared to 11:00 and recovered from 04:00. When prices rise but trading volume falls, it usually means that the upward momentum of the market is weakening and the number of buyers is decreasing. This type of volume-price divergence is usually due to a lack of selling. Against this backdrop, prices may retrace or consolidate sideways in the future as the lack of volume support makes it difficult for price rises to be sustained. Investors should be wary of the risk of a price pullback at higher levels and keep an eye on whether trading volume can keep up with the price rise and whether new buyers are stepping in. Trading volume is decreasing and price is rising. Judging by the Williams indicator it is now classified as not overbought or oversold. The volume of trading has decreased recently, the volume of trading is lower than in the previous hours, the price is rising, the volume of trading is decreasing: the upward momentum is weakening. Upward momentum is weakening, it is recommended to remain on the sidelines and pay attention to the subsequent changes in volume and price as well as new buy orders. The above is for reference only and does not constitute investment advice.