$XMR 5The minute's trading value rose to 12.6 times the average, with the price up 0.64%.
After a surge in volume, there are generally three things to watch:
1) The direction of price movement: price and volume rising together
2) Whether the higher volume can continue; a single volume spike may be a one-off
3) The high and low of the candlestick with the volume spike, which often become key short-term levels
Will the market change direction next?
Markets move quickly, so make your own judgment.
After a surge in volume, there are generally three things to watch:
1) The direction of price movement: price and volume rising together
2) Whether the higher volume can continue; a single volume spike may be a one-off
3) The high and low of the candlestick with the volume spike, which often become key short-term levels
Will the market change direction next?
Markets move quickly, so make your own judgment.