$ONDO 5 Trading volume was about $1.68 million, 10.6 times the previous average; the price rose 0.78% over the same period.
Let’s use this data to talk about a surge in trading volume.
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into the quote currency. The volume multiple here compares this period with the average over the preceding period.
When trading volume increases near a low and the price stops making new lows, some people see it as a sign that buyers are stepping in—but this still needs confirmation from subsequent candlesticks.
All data describes past price movements; the market could turn in the opposite direction at any time.
#ONDO
Let’s use this data to talk about a surge in trading volume.
Trading volume is the quantity traded over a period of time, while trading value converts that quantity into the quote currency. The volume multiple here compares this period with the average over the preceding period.
When trading volume increases near a low and the price stops making new lows, some people see it as a sign that buyers are stepping in—but this still needs confirmation from subsequent candlesticks.
All data describes past price movements; the market could turn in the opposite direction at any time.
#ONDO