In this article, we will talk about the strongest currencies in terms of trading volume, and we will analyze the market lightly. This is for people looking for opportunities, whether they are just starting or are professionals in the market.
Technical analysis for each currency.
ETH Ethereum spot trading volume: $2.64 billion and futures $25.02 billion. Price at the time of writing: about $2,310.
The whole market is watching Ethereum because it always precedes the curve and its volatility is higher than BTC, meaning there are strong speculation opportunities. Futures indicate that there is massive liquidity waiting for a strong movement.
Work on price intersections with simple moving averages (SMA) and monitor the volume because this determines market intent.
BTC - Bitcoin spot trading volume $1.85 billion and futures $13.44 billion. Current price: about $104,800.
Bitcoin is the master key of the market, and when it moves, the entire market moves with it. Futures volume confirms that heavy movements are coming. Try to monitor the relationship between BTC and American tech stocks; sometimes they are very synchronized in direction.
DOGE - Dogecoin price: about $0.203 and spot trading volume: $700 million and futures: $3.18 billion.
It keeps popping up suddenly; the meme coin that flipped the market several times. Its audience is very large and the interaction is always high. Its volatility is huge, but my followers know that I never recommend investing in any meme coin.
SOL - Solana price about $165 and spot volume: $674 million and futures: $4.16 billion.
A strong project, deeply involved in DeFi and NFTs, very fast with low fees. Futures indicate that there is significant interest in speculating on it.
Watch the Fibonacci levels, as they work very well.
PEPE - Baby price: $0.00001321, spot volume: $478 million and futures: $1.81 billion.
Baby is one of the fastest meme coins that made phenomenal trading numbers.
SUI trading volume $471 million and futures: $1.78 billion.
If you are still new, follow the technical news about their protocol. This currency can suddenly make a difference with any major update announcement.
XRP Ripple price $2.34, spot volume $460 million and futures: $1.99 billion.
Many people see that its price will explode soon. Look at its relationship with the movements of central banks, especially those testing digital currencies for banks.
TRUMP price: $13.75, spot volume $254 million and futures: $981 million.
This currency will continue to move according to Trump’s news, so follow the political news, not technical analysis.
BNB Binance Coin price $629, spot volume $246 million and futures $1.55 billion.
It is linked to the success of Binance itself; any announcement about a burn or new update in the blockchain raises the price.
Monitor its volume at the same time new coins are released on Binance Launchpad.
TRX - Tron price $0.25 and spot volume $173 million
We are working on fast and low-cost applications, try to follow it along with the activity of projects using TRC-20.
