LINK price reaches $23.56 per piece, up 3.51% on the day

Latest price news, LINK real time price up 3.51% to $23.56 with $2.166bn volume After studying the k-chart, it is now in an oscillating trend. It is up slightly compared to 16:00, down slightly compared to 17:00 and back up from 09:00. A rise in price but a fall in trading volume is usually an indication that the market's upward momentum is weakening and the number of buyers is decreasing. The rise in prices may be due to a lack of selling and is considered to be 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 look for volume to keep up with the price rise and for new buyers to step in. In an oscillator trend, trading volume decreases and prices rise. According to the Williams indicator, the market is currently overbought. 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. The market is overbought, the upward momentum is weakening, we recommend to wait and see, pay attention to the changes in trading volume and new buyers to intervene. The above is for reference only and does not constitute investment advice.