LINK price breaks above $21.79 per coin, up 2.01% on the day

ChainLink real-time price quotes, LINK's latest price today reached $21.79, up 2.01%, with a trading volume of $2.922 billion Analysed by the k-chart, it is currently in an oscillating trend. Compared to 18:00 it is more sharply up, than 15:00 it has recovered, than 11:00 it is down. 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 volume-price divergence is usually due to a lack of selling. Against this background, prices may retrace or consolidate sideways in the future as the lack of volume support makes it difficult to sustain price rises. 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 prices are rising. The Williams indicator shows that the current 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, wait for the market direction to be clear, and pay attention to changes in trading volume. The above content is for reference only and does not constitute investment advice.