Cryptocurrency technical analysis is an indispensable way of recognizing market trends and making informed investment decisions. It enables traders to better comprehend market volatility as well as detect price shifts quickly.
Coinmarketcap is a leading cryptocurrency platform, providing prices, information on digital assets and trading ideas from users alike. Furthermore, there is also a community element allowing for user sharing of trading ideas.
Coinmarketcap
Coinmarketcap is one of the premier cryptocurrency tracking websites, providing users with comprehensive data about coins, tokens and DeFi projects such as their prices, market cap and trading volume. Furthermore, its listings of crypto exchanges by liquidity, web traffic and trust enable categorised rankings that have become widely referenced across news articles, research reports, and market analyses.
CoinMarketCap provides more than price data; it also features useful links and an individual page for each cryptocurrency. With its user-friendly interface, this platform is suitable for novice and veteran cryptocurrency traders alike.
CoinMarketCap is an in-depth website that offers cryptocurrency price tracking. It includes charts illustrating price changes, 24-hour highs and lows, trading volume and watchlist management capabilities for portfolio tracking as well as an API which lets users backtest strategies. Founded by Brandon Chez in New York in 2013, CoinMarketCap now covers over 11,000 coins.
Coinbase
Coinbase is a cryptocurrency exchange that makes buying and selling Bitcoin easy, featuring simple user navigation as well as advanced charting capabilities and real time order books to provide users with an immersive trading experience. Coinbase also boasts various security measures making them one of the world’s leading regulated exchanges.
Coinbase’s services extend far beyond an exchange, including its advanced professional trading platform – Coinbase Pro. This advanced exchange features real time market data and charting tools along with reduced trading fees to meet professional traders’ needs.
Coinbase was established in San Francisco in 2012, with backing from investors such as Andreessen Horowitz and Fidelity Investments. Coinbase products and services are utilized by over 25 million people globally; its market capitalization exceeds $17 billion with shares listed on NASDAQ as CXBT.
Nansen
Nansen is a blockchain analytics platform that utilizes AI algorithms to identify traders behind crypto transactions, using large volumes of trading data publicly available on blockchains as a source. Nansen separates signal from noise so investors can make informed decisions.
Nansen was first released for use in 2019, enabling users to track and analyze wallets, smart contracts and non-fungible tokens (NFTs). It provides a macro perspective by recording, labeling and analyzing more than 50 million wallets on its database; additionally it adds context to blockchain data by using AI technology to detect where transactions originate and identify the initiators.
Nansen leverages Google Cloud’s scalable infrastructure to process petabytes of blockchain data in real time and deliver real-time smart alerts and personalized feeds that allow engineers to focus on solving creative problems while improving user experiences. Nansen can predict market movements to help traders avoid losses, as well as offering an aggregate performance tab and wallet profiler which offer more in-depth analytics for connected wallets.
Cryptowatch
Cryptowatch is a multi-exchange trading terminal powered by Kraken that provides investors with access to market data and charts from multiple exchanges, along with lightning fast price updates and portfolio syncing across devices. Users can track their portfolios while communicating with fellow traders while taking advantage of an advanced security system.
The strength of this website lies in its extensive and varied data set and presentation methods to users. For instance, its assets section enables them to view their currency’s performance over different time periods and currency pairings.
Users can quickly connect their exchange accounts on the site and start trading or monitoring their portfolios quickly and efficiently. They also have access to various technical analysis tools like indicators and graph overlays via a new side menu accessible from any candleholder chart; basic users receive this service free while upgraded ones must pay using Credits.
