In the crypto money market altcoin Another important technical signal that concerns its investors has emerged. According to Cryptoquant’s April 11 report, the In -Chain Data Platform, Altcoin transaction volume statistics entered the purchase zone. The fact that the transaction volume statistics have entered the re -purchase zone offers remarkable opportunities especially for medium -term investors. Experts remind you that similar periods have given profitable results in the past.
Technical Indicators give investors a rise signal
Indicator used in the analysis stablecoinThe 30 -day average volume of Altcoins traded in front of the s is based on the 365 -day annual average. This technique came to the forefront as the beginning of the recovery stages after the fall in the past. In September 2023, a similar signal was seen and then a strong wave of rise began.
Cryptoquant Analyst Darkfost_COCAccording to the Altcoin market as of now entered the accumulation area again. In particular, the average of the 30 -day transaction volume below the annual average supports this view. As it can be seen clearly on the graph, there has been significant mismatch between the volume and price.
The most striking aspect of this signal is the similarity to the past examples. Shortly after the same formation was seen in September 2023 Altcoin marketThere was a significant recovery. The recovery process that began after the decline in that period continued for about 6 months. For this reason, some experts consider the current signal as a strategic accumulation opportunity.
Environment is very convenient for DCA strategy
Frequently recommended to long -term investors DCA (Average of the Dollar Cost) Strategy gains more importance especially in such periods. Because when the market uncertainty is high, sudden decrease and rise can adversely affect investor psychology. Such technical signals help to put investment decisions on a more rational ground.
The graph, published by Cryptoquant, also supports this interpretation. Especially stablecoin The volume decrease in the Altcoins traded in their parities clearly shows that the purchase zone has been entered. In addition to technical indicators, market sensitivity reveals that this period should be carefully monitored and a position should be taken.
Of course, such data does not have a direct procurement advice. However, it may benefit investors to act by taking into account the past examples. In particular, planned investments made in certain intervals may be a protective strategy against market volatility.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
