🧭 $QNT 1 Hourly trading value was approximately $16.91 million, 3.6 times the previous average; the price fell 2.12% over the same period.
【Quick explainer】How should you interpret a surge in trading volume?
Changes in trading volume can sometimes show up before price moves, so many people treat an unusual spike in volume as a signal to pay attention to a coin. But you’ll have to wait for the candlestick chart to take shape to see where it goes.
The same reading can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
#QNT
Personal notes; not investment advice.
【Quick explainer】How should you interpret a surge in trading volume?
Changes in trading volume can sometimes show up before price moves, so many people treat an unusual spike in volume as a signal to pay attention to a coin. But you’ll have to wait for the candlestick chart to take shape to see where it goes.
The same reading can mean very different things in different market conditions, so don’t blindly apply a rule of thumb.
#QNT
Personal notes; not investment advice.