ADA Aida Coin price breaks above $0.9969 per coin, up 2.02% intraday

Data source, Ada Coin ADA real-time price quote, ADA Ada Coin latest price today reached $0.9969, up 2.02%, trading volume $4.283 billion According to the k-chart analysis, it is now in a downtrend. It is more sharply up compared to 18:00, back up from 15:00 and down from 11:00. Rising prices but falling trading volume usually indicates that the market is losing upward momentum 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 alert to the risk of a pullback from higher levels and watch for trading volume to keep up with price rises and for new buying to step in. Volume is decreasing and price is rising. The Williams indicator shows that the current state of the market falls into the category of not overbought and oversold. The volume of trades has decreased recently, the volume of trades is lower than in the previous hours, the price is rising and the volume of trades is decreasing: the upward momentum is weakening. Upward momentum is weakening, it is recommended to remain on the sidelines and pay attention to changes in trading volume and new buying interventions. The above content is for reference only and does not constitute investment advice.