Analyze the commercial volume standard for star (XLM) and market trends
The cryptocurrency world is known for its fast and unpredictable nature, which makes it difficult to make well -founded commercial decisions. A critical aspect that traders and investors need to consider is market trends and commercial volume standards that can provide valuable information about the potential direction of a particular asset, such as Stellar (XLM).
What is negotiation volume?
The volume of negotiations refers to the total amount of cryptocurrency, which is exchanged in an exchange for a certain period of time, usually one day or a week. It is calculated by adding all purchase and sales activities in different exchanges. A strong trading volume indicates a high level of liquidity that can be an advantage for retailers who want to buy or sell XLM.
Analysis of commercial volume standard in Stern
Stellar has recently recorded significant growth in its commercial volume and is therefore an attractive asset for dealers and investors. Here are some important information about XLM commercial volume standards:
* Short -term negotiation volume : By 2021, XLM’s short -term negotiation volume increased by more than 10% in times of strong mood in the market. This indicates that XLM is a liquid very much of the value of wealth and can be negotiated relatively easily.
* Long -term negotiation volume : On the other hand, the long -term negotiation volume of XLM has been relatively low in recent years, indicating that there are concerns about financial value performance or the entire market of cryptocurrency.
* Seasonality : The XLM commercial volume standard has a clear seasonal trend, with higher activity in periods with strong economic growth and reduced activities during recession times. This may indicate a correlation between XLM prices and other assets, such as stocks or materials.
Market trends in Stern
In recent months, the cryptocurrency market has experienced considerable volatility, with prices floating wild almost every day. Here are some important trends that were observed:
* Resistance Level
: The price of XLM has resisted several important resistance levels, including average values of 20 and 50 days. This indicates that there is a high degree of purchase participation in the asset.
* Support Steps : On the other hand, the price of XLM supported several important support levels, including average values of 10 and 20 days. This indicates a high level of sales pressure relative to the asset.
Diploma
Analysis of the Star Star Volume Standard (XLM) can provide valuable information about the trends and the mood of the market. By examining short and long -term commercial volumes, retailers and investors can identify possible buying or sales opportunities and make sound decisions about their portfolios. In addition, understanding of these trends can help resellers remain in a rapidly developing curve cryptocurrency market.
Recommendations
Based on our analysis, we recommend:
* Buy XLM : With its strong standard of commercial volume and increasing resistance to prices, we believe that XLM is due to correction and can be considered as a long term investment.
* SALE XLM : On the other hand, decreasing commercial volumes indicate in recent months that XLM can be overcome and due to jump.
