Cryptocurrencies’ price fluctuations depend on a range of factors; conducting crypto trading analysis can help identify trends and spot opportunities to buy or sell at the appropriate times.
Coinmarketcap is an established cryptocurrency data source that provides accurate price, market cap and circulation supply data as well as various useful features like wallet tracking and niche trend analysis.
Coinmarketcap
Coinmarketcap is an invaluable website that tracks cryptocurrency prices. Additionally, it displays their market capitalizations and trading volumes in real time for users and investors to use when making their decisions about investments in particular cryptocurrencies such as Bitcoin and lesser-known ones such as Ada Polkadot Chainlink Chia. Coinmarketcap currently tracks over 11,000 cryptocurrencies; from famous names such as Ada Polkadot Chainlink Chia to less known but equally valuable offerings.
This website, established in 2013, and located in New York City ranks cryptocurrencies according to their price, available supply (number of coins circulating), trading volume and market capitalization. Furthermore, historical data are tracked on an ongoing basis.
This website employs a moderately stringent screening process when selecting which exchanges it will obtain price and trading volume data from. They avoid exchanges that do not charge fees as it would be easy to falsify their trading activity data – thus providing reliable, accurate information.
LunarCrush
Lunarcrush is a crypto analysis platform that offers social media intelligence for investors. Using algorithms gathered from platforms like Reddit and Telegram, Lunarcrush analyzes social data on over 1000 cryptocurrencies to produce social metrics as well as combine this information with on-chain and market information – creating a powerful tool that makes cryptocurrency trading less daunting.
Lunacrush provides insights based on various factors, including sentiment analysis, volume changes, price movements and public tweets or posts to identify trends; tracking public tweets/posts to detect tops/bottoms as well as pumps/dump scenarios can reveal potential tops/bottoms or pumps/dump strategies; however it should always be used in tandem with sound risk management practices.
The Galaxy Score from CoinTracking shows how much a coin is valued by its community. This indicator can assist investors in making informed decisions regarding whether to invest in, sell or avoid certain cryptocurrencies and projects as well as gauge quality measures of these projects.
TradingView
TradingView is a market analysis tool offering various charts, instruments and technical tools. Additionally, TradingView includes a social trading function which allows users to replicate trades made by other members – an excellent way to develop strategy while building community of like-minded traders. But remember not to blindly follow popular ideas as this could result in losing money!
This platform also features an advanced charting feature that is integrated with all of the leading crypto exchanges and brokers, providing real-time market information at any time of day or night. Furthermore, its global market data coverage enables you to see real-time information at any point during any trading day; you can even use this tool to set alerts or monitor market movements live!
Charting features are highly configurable and user-friendly, providing trend lines, retracement patterns, as well as drawing tools that enable you to annotate charts with annotations.
CoinMarketCal
Coinmarketcal is a cryptocurrency trading analysis website that tracks events affecting the cryptocurrency market. This data can provide investors with accurate insights for making informed decisions while staying ahead of market trends.
This website’s filter system enables users to easily track events relating to dates, coins and types of events they care about. Users may also submit new events for review – an important aspect in ensuring a transparent and trustworthy platform.
This user-friendly website provides traders with useful information that is invaluable. The events calendar lists important cryptocurrency events like airdrops and giveaways; hard and soft forks which could impact prices; governance proposals that offer users a voice; as well as its verification policies and features that ensure it will continue being an essential resource in the cryptocurrency space.
