Trading volume over $XMR 5 minutes was about $5.2 million, 31.8 times the previous average; during the same period, the price fell 1.35%.
Let’s use this figure to talk about surges in trading volume.
Changes in trading volume sometimes show up before price movements, so many people treat unusual volume as a signal to pay attention to a coin. The price still has to indicate the direction.
When volume rises after a big rally but the price barely moves, it’s often called “rising volume with a flat price.” Many people see it as a sign of growing disagreement between bulls and bears.
Knowing how to read indicators is easy; the hard part is sticking to your plan when the market gets extreme.
#XMR
Let’s use this figure to talk about surges in trading volume.
Changes in trading volume sometimes show up before price movements, so many people treat unusual volume as a signal to pay attention to a coin. The price still has to indicate the direction.
When volume rises after a big rally but the price barely moves, it’s often called “rising volume with a flat price.” Many people see it as a sign of growing disagreement between bulls and bears.
Knowing how to read indicators is easy; the hard part is sticking to your plan when the market gets extreme.
#XMR