$XPL |5-minute trading volume surged 11.7x|Price fell 1.16%
Before discussing capital flows, let's first understand a surge in trading volume.
The multiple is relative: for coins that usually see little trading, a several-fold increase in volume may come from just one or two large orders. The same increase is much rarer for major coins.
I personally treat a surge in volume as a signal to pay attention to, not a reason to act immediately. Let the price confirm the direction.
Leave enough room in leveraged positions; don't let one sudden move force you out of a trade.
#XPL
Before discussing capital flows, let's first understand a surge in trading volume.
The multiple is relative: for coins that usually see little trading, a several-fold increase in volume may come from just one or two large orders. The same increase is much rarer for major coins.
I personally treat a surge in volume as a signal to pay attention to, not a reason to act immediately. Let the price confirm the direction.
Leave enough room in leveraged positions; don't let one sudden move force you out of a trade.
#XPL