What is the relative volume of cryptocurrencies in Finviz?

3 answers

• Dec 15, 2021 · 3 years ago
  Relative volume refers to the comparison of the current trading volume of a cryptocurrency with its average trading volume over a specific period. It is an important metric used by traders and investors to assess the level of interest and activity in a particular cryptocurrency. A higher relative volume indicates increased trading activity and can be a sign of market momentum or increased attention from market participants. On the other hand, a lower relative volume suggests decreased trading activity and may indicate a lack of interest or liquidity in the market. In the context of Finviz, relative volume can provide valuable insights into the market sentiment and can be used as a tool for identifying potential trading opportunities.
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• Dec 15, 2021 · 3 years ago
  Relative volume is like the volume knob on your stereo, but for cryptocurrencies. It tells you how loud or quiet the trading activity is for a specific cryptocurrency on Finviz. When the relative volume is high, it means that there's a lot of action happening, and the market is buzzing with excitement. On the other hand, when the relative volume is low, it's like a lullaby playing in the background - things are calm and quiet. Traders often use relative volume as an indicator of market sentiment and to gauge the level of interest in a particular cryptocurrency. So, if you're looking for some action, keep an eye on the relative volume.
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• Dec 15, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, provides a comprehensive view of the relative volume of cryptocurrencies on Finviz. The relative volume metric allows traders to assess the level of trading activity and market sentiment for different cryptocurrencies. It helps traders identify the most actively traded cryptocurrencies and potential trading opportunities. BYDFi's platform offers real-time data on relative volume, allowing traders to make informed decisions based on the latest market trends. Whether you're a seasoned trader or just starting out, BYDFi's relative volume data can be a valuable tool in your trading arsenal.
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