Volume ratio watch: $VIC is down 43.0% over the past 24 hours, with a trading volume of 1,019,381 USDT.
Compare today’s trading volume with the average over the past week: if it’s two or three times higher, that suggests new money is coming in; if it’s about the same, this 43.0% drop may simply be existing holders trading among themselves. The difference between new and existing capital determines how far the market can go.
Have you tried this comparison method? #VIC
For discussion purposes only; this is not investment advice.
Compare today’s trading volume with the average over the past week: if it’s two or three times higher, that suggests new money is coming in; if it’s about the same, this 43.0% drop may simply be existing holders trading among themselves. The difference between new and existing capital determines how far the market can go.
Have you tried this comparison method? #VIC
For discussion purposes only; this is not investment advice.