Cryptocurrency trading analysis involves the examination and interpretation of information within the cryptocurrency space, including price movements, trading volumes and market trends as well as on-chain data.
Some of these tools offer advanced technical analysis factors and market predictions, while others focus on social and on-chain analyses. Some, like Glassnode, even offer weekly reports with blockchain data and metrics.
Coinmarketcap
Coinmarketcap provides real-time price and data information for over 11,000 different cryptocurrencies, making it accessible and user friendly. Users can find helpful resources such as glossaries and community feeds – making this platform invaluable to both novice and veteran crypto enthusiasts.
Ranking cryptocurrencys based on market capitalization, trading volume, circulating supply and price tracking capabilities; price monitoring tools for portfolio management purposes and price alerting features are also provided as well as exchange listings, ICO calendars and news updates.
CoinMarketCap gathers information from a range of credible sources and presents it in an easy-to-understand format. It lists coins and tokens by their market cap and displays live price changes in multiple fiat currencies; additionally it keeps tabs on non-fungible assets (NFTs) and indices prices; lists both centralized and decentralized exchanges – DEXs – along with their liquidity, web traffic volume and confidence rating for each one.
LunarCrush
LunarCrush collects an abundance of cryptocurrency analysis data from social media and the market, and displays it on a single page that is constantly updated with this data, such as trading indicators, cryptocurrency performance data, on-chain stats, influencer tracking rankings based on their social media activity, as well as on-chain stats. The website tracks influencers to rank them by social media activity.
The platform’s machine learning algorithms analyze real-time community data in real time to gauge people’s sentiment toward various digital assets and NFTs. The results are then translated into easily understandable metrics that help traders make informed decisions; for instance, an increase in sentiment may signal that price rallies may soon occur while extreme fear could indicate it’s time to sell.
Leading indicator data can also provide leading indicator data that can predict future prices based on historical correlations among social buzz, volatility, transactions and other market indicators. While such signals can be powerful tools for forecasting the future prices of assets, it must always be combined with effective risk management practices and research processes for best results.
TradingView
The platform provides access to extensive market data and an array of technical analysis tools. Furthermore, social networking and collaboration features enable traders and investors to make more informed decisions using real-time data.
Users can quickly create charts for any financial instrument imaginable – stocks, cryptocurrencies, forex pairs and commodities alike. Users can utilize the platform’s drawing tools to annotate and conduct detailed technical analysis of their charts as well as add notes or draw geometric shapes that remain where placed on the chart.
TradingView’s robust search function enables users to easily access ideas and information across a range of criteria. Its popular screeners allow them to filter thousands of securities based on quantitative data points or indicators to quickly identify trading opportunities. Furthermore, users can backtest strategies against historical data for powerful analysis as well as risk reduction; free version and pro versions both available (the latter costs approximately $500 per month).
CoinCheckup
CoinCheckup is an innovative cryptocurrency tracking website offering real-time crypto prices and market activity information for over 9,000 altcoins, such as Bitcoin, Ethereum and many others. The platform features numerous unique features – from tracking popular trading pairs and capitalization comparison to blockchain analytics tools and on-chain data to gain a comprehensive picture of crypto markets.
The site is user-friendly, boasting an Alexa Rank of 23,000 that makes it one of the top websites in its category. Furthermore, this platform provides cryptocurrency startups with numerous additional tools that are invaluable to them: sorting by types and analyzing team and product strength analyses as well as increasing liquidity on exchanges such as Binance, Uniswap and PancakeSwap and adding their coin logos to Trust Wallet app and Coindar as well as getting priority support from CoinMarketCap and Bscscan.
