$ERA is up 12.37% over the rolling 24-hour period, with a current price of 0.0754 USDT. But I’m more interested in the most recent full hour: the price rose from 0.0729 USDT to 0.0756 USDT, a gain of 3.7%. Trading volume was about 567,000 USDT, up 168.3% from 211,000 USDT in the previous full hour.
The price rose quickly over that hour, and volume picked up noticeably. But it’s up only 0.13% over the last 15 minutes and 0.27% over the last 5 minutes, so the rally appears to be losing momentum.
Higher trading volume means more activity, but it doesn’t necessarily mean buyers are stepping in. Is this surge in volume driven by new money coming in, or by existing holders trading their tokens?
The price rose quickly over that hour, and volume picked up noticeably. But it’s up only 0.13% over the last 15 minutes and 0.27% over the last 5 minutes, so the rally appears to be losing momentum.
Higher trading volume means more activity, but it doesn’t necessarily mean buyers are stepping in. Is this surge in volume driven by new money coming in, or by existing holders trading their tokens?
