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TagsWhat is the meaning of rvol in the context of cryptocurrency?
Clancy CardenasDec 17, 2021 · 3 years ago1 answersIn the context of cryptocurrency, what does the term 'rvol' mean and how is it relevant to trading?
1 answers
- Rvol, also known as relative volume, is a commonly used metric in cryptocurrency trading. It measures the trading volume of a cryptocurrency relative to its average volume over a specific period of time. Rvol can provide valuable insights into the level of market activity and liquidity for a particular cryptocurrency. Traders often use rvol to identify potential trading opportunities, as abnormal trading volume can indicate significant price movements. It is important to note that rvol should be used in conjunction with other technical indicators and analysis methods to make well-informed trading decisions.Dec 17, 2021 · 3 years ago
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