No matter your level of experience with crypto, making data-driven trading decisions requires tools. Luckily, many websites provide charts and indicators tailored for cryptocurrency market analysis.
These websites can assist in spotting trends in prices and predicting their movements, while some also provide analysis on blockchain data.
Coinmarketcap
Coinmarketcap is a website that aggregates cryptocurrency price data and allows users to monitor their portfolio. Additionally, Coinmarketcap provides API access so developers can integrate price information directly into their apps as well as historical snapshots.
This site ranks cryptocurrencies based on several criteria, including price, trading volume and market capitalization. Furthermore, the display shows circulating supply and maximum supply information of each crypto coin.
Coinmarketcap offers more than useful links and price charts; it also boasts an invaluable glossary of cryptocurrency terms designed to assist beginners. Exchanges listed include 24-hour trading volume as well as their confidence indicator which will allow users to decide which exchanges to use when trading cryptocurrencies.
Santiment
Santiment provides traders and investors with an insightful crypto market intelligence and insights platform. Its services include social media monitoring, sentiment analysis, news aggregation and blockchain activity analysis as well as customized metrics and indicators which allow for informed investment decisions.
Santiment offers not only market data, but also stablecoins, Ethereum 2.0 staking and DEX trades as well as its user-friendly graphs known as Sansheets which present data points about individual currencies in an easy to follow fashion.
Santiment’s mission is to promote information asymmetry in the cryptocurrency industry through combining social and on-chain data, while their behavioral analytics tools help traders quickly spot opportunities by using metrics like token velocity, crowd sentiment analysis and developer activity analysis.
Nansen
Nansen is a blockchain analytics platform designed to assist traders in distinguishing signal from noise in on-chain data. Utilizing its vast repository of wallet labels to add context and enable token transactions, Nansen helps traders distinguish signal from noise while uncovering new opportunities in token trading. Furthermore, this platform features tools and dashboards that provide a macro perspective on market movements so as to help make better investment decisions.
The company was established in 2020 in Singapore and uses blockchain analysis with an AI-powered database to evaluate crypto markets and decentralized finance. Their technology has enabled users to discover new opportunities, perform due diligence checks on investments, and protect their portfolios.
Nansen is powered by Google Cloud and supports multiple blockchains. With smart alerts and personalized workflow capabilities, this solution allows users to track wallets, tokens and entities.
Cryptowatch
Cryptowatch is an easy and user-friendly web-based crypto trading analysis terminal that enables users to track their portfolios across various exchanges. The platform offers real-time views of market movements, different crypto asset pairs and on-chain trading volumes as well as technical indicators and the option to set alerts.
Users can link existing exchange accounts with Cryptowatch’s platform by providing API keys. Once connected, all existing holdings will appear in the “Portfolio” section of the terminal and traders can begin trading directly from this platform.
The platform offers several paid services, such as subscription and pay-as-you-go plans, while supporting Bitcoin as a payment method. Although they have yet to receive significant VC funding, one of their competitors was recently acquired.
UniWhales
UniWhales is a DeFi analytics community that offers its token holders premium data services for whale transactions analysis and informed trading decisions, giving them an edge over other market participants. UniWhales utilizes Chainstack to ensure consistent access to real-time blockchain transaction data.
This platform combines on-chain and off-chain data, community curation, and content to produce the most advanced DeFi analytics available today. Real-time dashboards, tracking bots, and Telegram alerts provide essential insight into token trades, liquidity pool movements, and big player actions in the Uniswap space.
UniWhales was led to its latest funding round by Signum Capital and received investments from HyperChain Capital, Faculty Capital, Impossible Finance, Double Peak Capital and various angel investors. UniWhales plans on using these new funds to expand its team and develop additional products for DeFi.
