Here’s how traders got alerted to some of the biggest rallies of this week’s ...
Crypto traders can use historical data to maximize their profits when the market flips back to bullish. This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching up as well and posting double-digit weekly returns. However, not all relief rallies were equally impressive. Is there a way for traders to pick the assets that are about to pull off the strongest rebounds?Luckily, bullish marketwide reversals tend to look similar in terms of....
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Trading volume pumps can act as early signs of dramatic price action, and there are ways to spot them early. A digital asset’s price rally rarely comes out of the blue. Before the token’s market value explodes, some collateral forces come into motion. The asset can suddenly attract abnormally high online attention, its trading volume can go up dramatically, or some market-moving information can go public that triggers the first two examples. Mastering the art of crypto trading means learning to see those subtle cues early on.Spiking trading volume is one of the signs that something....
Dramatic increases in trading volume can alert crypto investors to price highs that are yet to come. An uptick in trading volume is one of the key components of a digital asset’s healthy market outlook. It indicates both robust liquidity and a surge in fellow traders’ enthusiasm for the token. The relationship between the asset’s price and trading volume is a nuanced one: Volume spikes often trail strong rallies as more and more traders hop on the bandwagon in the hopes of a ride to the moon.Yet, in some cases, it is surging trading volume that leads to price appreciation. In such a....
As crypto markets moved into the green on Tuesday, GRT was one of the biggest gainers, as prices rebounded following recent declines. ZEC was also higher on the day, climbing by as much as 5%, while DOGE extended Monday’s gains.
The Graph (GRT)
GRT was easily one of the biggest gainers in crypto markets on Tuesday, as it continued to move away from its recent support level.
Following a low of $0.3393 to start the week, GRT/USD rallied to a peak of $0.4024 earlier in today’s session.
The surge saw GRT bounce from its floor of $0.3550, following....
Every week, subscribers of Cointelegraph's data analytics platform receive a detailed breakdown of each algorithmic tool's performance. Cointelegraph's Markets Pro data intelligence service, which offers institutional-grade research tools for crypto traders, has shared the latest weekly VORTECS™ Report with its community of subscribers.The full report, available only to subscribers, presents the past week's biggest-gaining tokens as identified by the platform's artificial intelligence tools and offers interpretations of the data that it provides to traders. Here are some of the highlights....
Stellar Lumens’ native token XLM was among the biggest gainers in the cryptocurrency market in the previous 24 hours, rising by roughly 49 percent in the US dollar-pegged markets. The XLM/USD exchange rate reached an intraday high of $0.313 after dropping to as low as $0.20 in the previous session. Traders flocked into the Stellar […]