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Here’s how traders were alerted to RUNE’s, FUN’s, WAVES’ and KNC’s big rallies last week -Breaking

by Mike Robinson

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A digital asset’s price rally rarely comes out of the blue. Before the token’s market value explodes, some collateral forces come into motion. Some collateral forces can be activated: the asset could suddenly draw excessive online attention; its trading volume may increase rapidly, or market-moving data can become public. Crypto trading requires that you are able to spot subtle cues from the beginning.

One sign that something is happening around crypto assets is a spike in trading volume. Trading volume often follows price trends. The coin’s rallying price draws more traders and boosts the volume. Other cases show that abnormally high volumes indicate strong liquidity, rising investor interest and further appreciation.

RUNE: Huge news increases trading volume and prices

RUNE price (blue) vs. trading volume (purple), Feb. 25 – March 4. Source: TradingView/The TI

FUN: Two trading volume pump amid a rolling rally

FUN price (blue) vs. trading volume (purple), Feb. 25 – March 4. Source: TradingView/The TI

WAVES: After a price pump, volume spikes. This is a sign that the future will be even more dramatic

WAVES price (blue) vs. trading volume (purple), Feb. 25 – March 4. Source: TradingView/The TI

KNC: Strong price momentum following trading volume spike

KNC price (blue) vs. trading volume (purple), Feb. 25 – March 4. Source: TradingView/The TI
Cointelegraph Markets Pro’s Unusual Trading Volume panel, March 10. Source: Cointelegraph Markets Pro

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