$AIO 1-hour trading volume was approximately $17.11 million, 13.2 times the previous average; the price rose 12.9% over the same period.
A beginner asks the million-dollar question: what does a surge in volume actually mean?
Changes in volume sometimes appear before price movements, so many people treat a sudden spike in volume as a cue to pay attention to a coin. As for the direction, wait for the price to show it.
A sudden spike in volume only proves that trading has become more active; it doesn't tell you which side is winning.
Any indicator is simply a summary of market activity that has already happened, and the market can absolutely move in the opposite direction.
It's your money; you're in charge.
A beginner asks the million-dollar question: what does a surge in volume actually mean?
Changes in volume sometimes appear before price movements, so many people treat a sudden spike in volume as a cue to pay attention to a coin. As for the direction, wait for the price to show it.
A sudden spike in volume only proves that trading has become more active; it doesn't tell you which side is winning.
Any indicator is simply a summary of market activity that has already happened, and the market can absolutely move in the opposite direction.
It's your money; you're in charge.
