$API3 ｜15-minute trading volume surged 10.9x｜Price rose 2.57%
Before looking at positions, first understand what a volume surge means.
Changes in trading volume sometimes show up before price movements, so many people treat an unusual volume surge as a reminder to keep an eye on a coin. To see which way it’s headed, you still need to watch how the price moves.
After a steep decline, a surge in volume without further price drops may be seen by some as a sign of buying support—but the subsequent price action still needs to confirm this.
Multiple indicators confirming one another are more reliable than looking at just one, but even a multitude of signals can’t provide a definite conclusion.
These are purely personal opinions. Please view them rationally.
Before looking at positions, first understand what a volume surge means.
Changes in trading volume sometimes show up before price movements, so many people treat an unusual volume surge as a reminder to keep an eye on a coin. To see which way it’s headed, you still need to watch how the price moves.
After a steep decline, a surge in volume without further price drops may be seen by some as a sign of buying support—but the subsequent price action still needs to confirm this.
Multiple indicators confirming one another are more reliable than looking at just one, but even a multitude of signals can’t provide a definite conclusion.
These are purely personal opinions. Please view them rationally.