There are various tools and apps that can assist with crypto analysis. These can help save you time while making better decisions. Nansen and Dash 2 Trade provide both social data insights as well as on-chain data analysis capabilities.
Understanding how to analyze the cryptocurrency market can be challenging, yet rewarding. Doing so will allow you to accurately predict market trends and identify optimal times to invest or sell.
Coinmarketcap
Coinmarketcap is the go-to price tracker in the rapidly expanding cryptocurrency market. Their mission is to make crypto more discoverable and efficient globally by arming users with accurate, impartial information. Founded by Brandon Chez in 2013, they were purchased by Binance Capital Mgmt in April 2020.
This site features charts that display real-time prices and market caps of cryptocurrencies in real time, enabling you to track their performance over time. Watchlists for coins can be created and tracked alongside listings of exchanges that meet certain confidence thresholds as well as tables for spot, derivatives and DEX lending exchanges.
ScrapePrices scrapes details such as prices, trading volumes and market capitalization from multiple trusted global exchanges and presents it in an easy to comprehend format. Furthermore, its comprehensive API suite can support many use cases including products and services offering backtesting strategies or more.
TradingView
TradingView is an analytical charting platform with an engaging social trading element. With its comprehensive list of features, TradingView makes an essential tool for traders looking to deploy advanced tools and test trading strategies. TradingView features stock heatmaps, crypto heatmaps and cryptocurrency pair screeners; additionally users can follow other users whose ideas resonate with them to learn from different perspectives.
Pine Script provides both free accounts with limited functionality as well as monthly to annual paid plans that range in cost from monthly to yearly subscription. Subscribers can use its unique coding language Pine Script to craft sophisticated algorithms. They can backtest strategies, trade live if their broker supports it, track multiple assets simultaneously with special layouts and even use Pine Script to develop their own custom indicators!
Nansen
Nansen is an online blockchain analytics platform designed to offer NFT investors real-time on-chain insights and tools. Users can follow NFTs, analyze wallets and token addresses, add NFTs or cryptocurrencies to watchlists and read research articles which can help make informed decisions.
Nansen’s in-depth data processing requires high-performance warehousing and cloud infrastructure, including Google Cloud to deliver smart alerts and personalized data feeds, while BigQuery helps the company create custom queries to automate repetitive processes.
Nansen’s Exchange Flows feature allows investors to track inflows and outflows of different tokens across exchanges. Nansen recently employed this feature to track how Binance users responded to SEC’s lawsuit against Coinbase; results revealed they withdrew more funds than were deposited within one period.
Cryptowatch
Cryptowatch is a cryptocurrency trading charting platform offering real-time graphs and alarms across thousands of markets, mobile apps and Zapier integration for higher level traders, paid features that include rest API (2-15 credits) and price alerts (1 credit).
This platform allows users to connect their exchange accounts and monitor their portfolio(s) all from a single place. Users can access market charts that are customized according to their personal preferences, with indicators and overlays that meet individual preferences. Supported exchanges include Kraken Futures, Binance Bitfinex Binance US HitBTC Poloniex as well as live volume updates and on-chain conversation dimensions; subscribers may subscribe for Pay As You Go or Subscription services using any credits in their account which renew automatically on the first of every month; subscribers may subscribe using credit from their account using Pay As You Go or Subscription services which renew on 1st day of every month – providing live volume updates as well as live volume updates from exchanges like Kraken Futures Futures; Kraken Futures supported include Kraken Kraken, Kraken Futures Binance Bitfinex Binance US HitBTC Poloniex among others!
Dash 2 Trade
Dash 2 Trade is a trading signal and analytics platform offering cutting-edge features like actionable signals, social sentiment analysis and predictive indicators. Furthermore, this platform includes automation trading APIs, copy trading features and learn while you earn academy programs for users to test their strategies before investing real money into real trading positions.
The platform boasts a proprietary scoring system that ranks cryptocurrency presales projects, helping investors identify scams and outsized returns, while its social ecosystem offers trading competitions and rewards users with DT2 tokens. Furthermore, its team delivers cutting-edge technology thanks to their lean development schedule and agile product roadmap backed by Solid Proof and validated by CoinSniper.
