Crypto trading analysis involves studying historical data, market trends and other indicators. Traders use these insights to predict future price movements and optimize trading strategies.
A quality crypto analysis website should prioritize educational content and offer its users various charting tools. Furthermore, such a platform should also monitor social media and on-chain data so investors can evaluate new coins before investing.
Coinmarketcap
Coinmarketcap is an award-winning site that tracks cryptocurrency prices. With an intuitive interface and convenient features like viewing how coin prices have fluctuated within 24 hours or chart analysis for multiple periods, as well as showing historical performance information for coins like its highest and lowest prices, Coinmarketcap makes tracking cryptocurrency prices easier than ever.
This website houses pages for more than 2,800 cryptocurrencies, each with their own URL. Each page offers helpful links, charts and historical data about each coin as well as details such as supply/trading volume information.
This website also lists the top cryptos by their market cap, using circulating supply to calculate it as opposed to traditional financial analysts using public float. This approach gives a more accurate assessment of a cryptocurrency’s worth than other methods; media outlets and institutions often cite this site for this reason.
TradingView
This site provides access to an expansive selection of financial assets, including stocks, cryptocurrencies, forex pairs and indices. Members may publish ideas in an interactive library while an intuitive backtesting tool enables traders to test their strategies against historical data. Furthermore, advanced charts such as Kagi Heikin Ashi (KHA) and candlesticks make market data interpretation much simpler.
Users have the freedom to create and customize their own chart layouts, using various tools for technical analysis such as adding indicators or drawing trend lines, searching for common chart patterns such as head and shoulders or double tops and saving charts templates to access later.
TradingView’s cutting-edge tools and price charts allow users to keep tabs on market developments from any device. Furthermore, their extensive market data coverage means users have real-time information at their fingertips.
LunarCrush
LunarCrush is a platform that simplifies crypto trading. It aggregates and analyses data from various sources before displaying it in an easy-to-read format for easier analysis. Furthermore, LunarCrush offers educational resources like quick takes, on-chain research reports and exclusive reports for quick take use.
LunarCrush also features a feature allowing users to follow trends across multiple social media platforms, helping them break out of echo chambers and form holistic understandings rather than being dictated by individual opinions alone. LunarCrush’s technology has attracted investment from prominent investors including Blockchain Founder Fund and Draper Round Table/INCE Capital.
LunarCrush API offers traders a wealth of signals that can be leveraged into custom trader scripts. For instance, you could program your bot to trade when a coin’s Galaxy Score exceeds certain thresholds – this combination of social metrics and price performance helps assess trend of coin so as to help identify opportunities for trading.
Dash 2 Trade
Dash 2 Trade is a new cryptocurrency trading analytics platform designed to offer traders tools, signals, and indicators that will boost their performance. Developed by the team behind Learn 2 Trade trading community – an initiative with proven market-beating returns over its 70,000 users – Dash 2 Trade provides traders with all they need for optimal trading returns.
The platform uses proprietary algorithms to highlight data that is most relevant for traders, including technical analysis indicators, social sentiment analysis and on-chain analysis. Furthermore, the platform keeps an eye out for upcoming presales or opportunities.
The dashboard of our platform was designed to help traders remain competitive in an unpredictable market, by helping them develop and test trading strategies and identify promising coins or tokens. Furthermore, there is a unique indicator for monitoring ICOs’ community engagement – helping investors avoid hype-induced price spikes that drive prices higher quickly in the short term.
