ORDI price reaches $27.52 per piece, up 3.03 per cent during the day
Ordinals real-time price quote, ORDI's latest price reached $27.52 today, up as much as 3.03%, with a trading volume of $429 million As you can see from the k-chart, it is now in an oscillating trend. It fell sharply compared to 17:00 and recovered from 09:00. A rise in price but a fall in trading volume usually indicates that the market's upward momentum is weakening and the number of buyers is decreasing. This volume-price divergence may be caused by a lack of selling. In this case, prices may retrace or consolidate sideways in the future as the lack of trading volume makes it difficult to sustain the price rise. Investors need to be wary of the risk of a pullback from higher levels, and keep an eye on the trading volume to see if it can keep up with the price rise and if new buying is stepping in. Market heat is low and trading volume has decreased. Judging by the Williams indicator, it is currently overbought. There has been a recent decrease in trading volume, trading volume is down from the previous hours, price is up, trading volume is down: upward momentum is weakening. The market's upward momentum is weakening, or retracement or sideways, it is recommended to operate cautiously and avoid blind entry. The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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