$XLM 5 minutes: trading volume rose to 16.7 times the average, while the price increased by 0.3%.
After a surge in volume, people usually look at three things:
1) The direction of price movement: rising price and volume
2) Whether the higher volume can be sustained; a single spike can easily be a one-off
3) The price range during the volume surge, which often becomes a key short-term level
Anyone who knows their stuff care to weigh in?
#XLM
After a surge in volume, people usually look at three things:
1) The direction of price movement: rising price and volume
2) Whether the higher volume can be sustained; a single spike can easily be a one-off
3) The price range during the volume surge, which often becomes a key short-term level
Anyone who knows their stuff care to weigh in?
#XLM