LTC Litecoin Price Hits $127.78 Per Coin, Up 3.73% Intraday

Litecoin litecoin price quote today, LTC Litecoin latest price breakthrough to $127.78, up 3.73%, trading volume $ 3.736 billion 

As seen in the k-chart analysis, it is now in an oscillator trend. It rose slightly compared to 12:00, fell slightly compared to 13:00 and recovered from 10:00. When prices rise and trading 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.
Trading volume decreases and price rises. The Williams Indicator suggests that this is a period of no overbought and oversold. 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.

The upward momentum is weakening, so it is advisable to remain on the sidelines and keep an eye on the volume-price match and new buying.