How is crypto trading volume calculated?

Сryptocurrency volume is the amount of a given cryptocurrency traded throughout a particular time period. The current trade volume in a base and quote currency is calculated for the last 24 hours for each pair on all exchanges and converted to USD using COIN360’s prices.

What does Volume say about Crypto?

The volume of a particular Cryptocurrency found on a Coin Prices Index page is simply the total amount of coins traded in the last 24 hours.

What does volume profile tell you?

Volume Profile is an advanced charting study and indicator. It shows the traded volume amount of an asset over a specified period, at certain price levels. Volume Profile makes use of previous traded volume and all the strategies and plans are brought from historical data.

What is considered low volume in crypto?

Low volume means that the trading volume is below 3 BTC in the past 24 hours. Cryptocurrencies that have a low volume will have a lower ranking. Also, knowing a coin’s trading volume can help you decide whether it’s a good idea or not to invest in this cryptocurrency.

What are crypto volume indicators?

There are several types of crypto indicators illustrating various parameters (trend, volatility, volume, momentum, etc.) but in this article we will look at volume indicators. Volume indicators demonstrate changing of trading volume over time. This information is very useful as crypto trading volume displays how strong the current trend is.

What is cryptocurrency trading volume?

Cryptocurrency trading volume definition. Trading volume is the amount of activity that is surrounding a coin or a token. This metric will allow you to see how popular an asset is and how frequently it is changing hands.

What is a volume indicator?

Volume indicators demonstrate changing of trading volume over time. This information is very useful as crypto trading volume displays how strong the current trend is. For example, if the price goes up and the volume is high then the trend is strong and will more likely last longer.

What is EOM indicator in crypto trading?

Basically, when EOM is in high positive values, cryptocurrency price is increasing on low volumes. If the values are highly negative, price of crypto is decreasing on low volumes. In both cases low volumes indicate possible reversal. Moving average of this indicator can serve as a trigger line and generate crypto trading signals.