Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout By Cointelegraph
Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour. The effects of genuine news are more durable, however, investors need to know which stories they should be looking at in order to make trading decisions.
Research has shown that three kinds of announcements have a consistent impact on crypto prices. They are exchange listings, new partnerships, and staking program launch. While there hasn’t been a legitimate partnership announcement that resulted in massive price movements lately, two crypto assets benefitted immensely from last week’s listing and staking news.
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