Crypto market trends can often shift unexpectedly, making prediction more challenging for traders. There are tools that can assist traders in anticipating price patterns and indicators – from those familiar to traditional markets (technical analysis indicators), like financial social media or blockchain data, through to tools specific to crypto markets (like on-chain data or social media).
Traders can leverage tools like the Fear and Greed Index in crypto to gain insight into market sentiment. Some tools offer free features while others require subscription.
Coinmarketcap
CoinMarketCap is the world’s premier cryptocurrency price-tracking website, collecting data like prices, trading volumes and market capitalization from global exchanges in an easy-to-interpret format. Furthermore, Flipside uses their Fundamental Crypto Asset Score (FCAS) metric to assign fundamental asset ratings based on this platform.
The homepage features an easy-to-use navigation bar and provides access to an abundance of cryptocurrency market information. With its comprehensive listing of cryptocurrencies, this resource serves as an excellent introduction into crypto. Furthermore, its glossary can provide assistance when encountering unfamiliar terms that need definition.
Users can utilize the top menu and click on ‘Cryptocurrencies’ to explore all available cryptocurrencies. By default, the website ranks them according to market cap so it is easy to determine which coins/tokens are most valuable. Users can create watchlists by selecting the ‘Watchlist’ button and adding coins/tokens they are considering purchasing or selling to their list.
TradingView
TradingView is a widely used charting and analysis platform, offering traders tools that allow them to easily create custom charts. The platform includes customizable terminals, drawing tools and indicators as well as the capability of sharing trading ideas within its community. In addition, TradingView also provides access to global stock, forex and cryptocurrency market data.
Security measures provided by this platform, including two-factor authentication, protect user data. However, it’s important to keep in mind that they do not guarantee the accuracy of information submitted by their users, leading to potential trading mistakes if copying popular ideas as though they were guaranteed successes – this could cause over time financial losses; to prevent this happening to you it’s always wiser to conduct independent research of your own.
Artemis
Artemis is an aggregated analytics platform for crypto metrics that makes it easier to track and compare key data points. Recently, they added support for Fuse Network which allows users to compare developer activity as well as user/investor behavior across top Web3 protocols allowing users to make informed decisions regarding which projects to invest in and develop upon.
An intuitive dashboard facilitates easy metric comparison, while data is drawn from reliable and verifiable sources. Furthermore, this platform offers on-chain data as well as a blockchain explorer – ideal for day traders and technical analysis enthusiasts. Free to use with no registration necessary and optimized to minimize memory requirements by using index BAM/VCF files, users can efficiently manage memory needs while decreasing computation times significantly.
Messari
Messari offers market intelligence products in the cryptocurrency space, helping professionals navigate DeFi, smart contracts and Web3 platforms. In 2018, Messari opened up shop in New York City.
DeFi’s platform offers information on hundreds of coins and protocols. This includes proposals, governance participants, treasuries and more – an invaluable resource for investors trying to evaluate a project’s security and community impact.
As part of its crypto trading offering, CoinTracking also provides various analytical tools and charts, including price and volume information as well as on-chain tracking data for over 1700 assets. Furthermore, its website contains market news, expert commentary and trading tips from industry professionals – but past results should never be taken as an indicator for future results – it’s essential that traders remember trading can go either up or down!
LunarCrush
LunarCrush is an innovative online platform designed to assist users in understanding the world of cryptocurrencies and NFTs. Among its many features are an easy trading platform, social intelligence data and direct fiat onramp. Furthermore, users are provided with push notifications whenever there is movement on any of their connected wallets.
The platform empowers investors to make educated investments by analyzing various social media metrics. These insights allow investors to better comprehend a cryptocurrency’s traction and potential. In addition, saving investors time with its comprehensive scanning of thousands of sources for relevant real-time information makes this platform invaluable.
LunarCrush gathers over two million posts daily and transforms them into useful insights for investors. This data reveals social sentiment regarding various cryptocurrencies and NFTs, helping investors measure previously difficult-to-measure metrics such as community support and activity levels.
