$TRX 5Minute trading volume was approximately $2.15 million, 10.3 times the previous average; the price was almost unchanged over the same period.
A question every beginner asks: What does a surge in trading volume mean?
Trading volume is often compared to fuel for price movements: for a trend to continue, trading volume generally needs to keep pace—but this is an observation, not a rule.
A rise on increased volume is often interpreted as buying activity supporting the rise, while a fall on increased volume is often seen as evidence of genuine selling pressure. But these are only rules of thumb.
Don’t let a single number throw your original plan off track, and never use borrowed money to test a hunch.
A question every beginner asks: What does a surge in trading volume mean?
Trading volume is often compared to fuel for price movements: for a trend to continue, trading volume generally needs to keep pace—but this is an observation, not a rule.
A rise on increased volume is often interpreted as buying activity supporting the rise, while a fall on increased volume is often seen as evidence of genuine selling pressure. But these are only rules of thumb.
Don’t let a single number throw your original plan off track, and never use borrowed money to test a hunch.