This indicator tracks the cumulative difference between market buy and sell volumes over the past three months. Taker CVD (Cumulative Volume Delta) is calculated by continuously adding the difference between market buy (Taker Buy) and market sell (Taker Sell) volumes.
- A positive and rising 90-day CVD signals a Taker Buy Dominant Phase.
- A negative and declining 90-day CVD signals a Taker Sell Dominant Phase.
Currently, the indicator shows that Taker Buy Volume is dominant. This often correlates with upward price movements. This trend aligns with increased activity on the TRON network, likely driven by the popularity of stablecoin transactions and the launch of the first TRX Treasury Company.
Written by maartunn
