Crypto trading analysis websites provide vital market intelligence and insights that enable traders to make sound investment decisions. Additionally, investors gain an understanding of their investments’ potential profitability; something which is especially essential considering that cryptocurrency investments can be highly volatile.
Support and resistance levels provide the ideal way to analyze crypto trends. These levels mark areas where past highs and lows have occurred.
TradingView
TradingView has quickly become a go-to analysis tool for the cryptocurrency industry. Its use has grown with more centralized exchanges opening their doors and more traders looking for strategies to maximize returns.
This platform provides traders with access to a broad selection of technical indicators, drawing tools and customizable charts, plus social networking features and extensive global market data coverage. Furthermore, alerts via email, web and mobile can be set for repeated or expiring alerts, with users having extensive control over settings for both alerts and settings.
The intuitive interface of the site makes it simple for any user to use, providing multiple charting options as well as comprehensive details about each trading symbol allowing users to compare prices and find the best value; an integral component of any successful trading strategy. Although free for use, users should experiment before investing real money on this platform.
Nansen
Nansen is a blockchain analytics company that specializes in extracting signals from the noise in crypto trading data. Their platform processes petabytes of information daily and allows users to quickly discover opportunities, conduct due diligence and defend portfolios using real-time dashboards and alerts. Furthermore, its integration with BigQuery enables Nansen to scale compute and storage capacity with ease.
Nansen’s core product analyzes billions of on-chain data points, millions of wallet labels and thousands of entities to provide all of the information a crypto investor requires, even those they didn’t realize they needed. Nansen can help identify wallets considered Smart Money as well as track token holdings while demonstrating any inflow or outflow of funds.
NFT traders/collectors find it particularly helpful as it allows them to see who is buying or selling their collections – an ability not available through free data analytics websites and can make the difference between a failed capture attempt and successful ones.
DefiLlama
DefiLlama has quickly become one of the premier aggregators for DeFi data, offering users access to a wide variety of metrics like total value locked (TVL). Furthermore, users can find explainers for TVL and other DeFi terms on this site run by LlamaCorp which also offers various other data services.
The site aggregates data from multiple DeFi chains and protocol oracles into an easy-to-read interface, offering free API usage as well as free citation. DefiLlama differs from other data aggregators by not requiring users to connect wallets or sign up before accessing its information.
Website offers valuable resource to anyone interested in decentralized finance (DeFi). It tracks hundreds of DeFi protocols and offers information such as their total value locked, user numbers and transaction volumes; ranking system displays popularity; yield farming protocols airdrops and NFTs all have their own sections on this platform.
CoinMarketCal
CoinMarketCal is one of the leading cryptocurrency calendars, boasting an intuitive user experience. It displays all upcoming current events across different coins, and you can filter by date, category or exchange to stay informed of changes on the market. Furthermore, CoinMarketCal provides a newsletter that keeps users abreast of developments in this space.
Community is at the core of its platform and votes help determine whether new additions add value to it. Furthermore, users may submit proofs and sources to further confirm authenticity.
This site boasts many unique features and is well worth checking out. It tracks an impressive variety of cryptocurrencies and frequently appears as trending topics on Twitter and Instagram, making it an invaluable resource for traders seeking to diversify their portfolios or earn profits. As well as tracking prices, charts, articles and updates provide investors with all the knowledge necessary for making informed investments – and all this comes at no cost with weekly newsletter updates available to sign up with.
