🐒 AVERAGE $$ VOLUME TRADED LOWER over the last 24 hr period as of this writing at 7:00 AM EST.
🐒 AVERAGE $$ VOLUME TRADED of THE ME-TARZAN TOP 40 INDEX CHART is trending upwards and the volume over the last 24hrs was $678,143,979
🐒 AVERAGE $$ VOLUME TRADED of the top 40 Cryptocurrencies on https://coinmarketcap.com/all/views/all/
🐒 I have put together a chart of the top 40 Cryptocurrencies listed on coinmarketcap starting on September 16 , 2018.
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All data recorded daily at 7:00 AM EST
Data information from :
https://coinmarketcap.com/all/views/all/
To get the average daily $$ volume traded of the top 40 cryptocurrency I add the $$ volume of the top 40 then divide by 40
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BLUE LINE : Average 24hr dollar volume of the top 40 Cryptocurrencies
LEGEND $$ VOLUME : Left side of chart
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Below chart = The ME-TARZAN TOP 40 INDEX % increase decrease in price
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🐒 Highest Average 24hr dollar volume of the top 40 Cryptocurrencies : $863,584,450 was on February 19 , 2019
🐒 Lowest Average 24hr dollar volume of the top 40 Cryptocurrencies : $198,268,498 was on October 27, 2018
🐒 Today's Average 24hr dollar volume of the top 40 Cryptocurrencies : $678,143,979
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SUMMARY
🐒 The Average 24hr dollar volume of the top 40 Cryptocurrencies has created a trading zone between $198,268,498 and $572,000,376 and today is trading FAR ABOVE that zone at $$678,143,979 . The Average 24hr dollar volume of the top 40 Cryptocurrencies has broken above the consolidation zone . The Average 24hr dollar volume of the top 40 Cryptocurrencies has broke above the important high of $637,430,776 that was made on December 21 , 2018 I view this as a major indication that the bottom has been made in Bitcoin . Also you can see on the chart Volume of the top 40 has been trending upwards . In order for the crypto market to have a bull market this Average 24hr dollar volume of the top 40 Cryptocurrencies should trend higher on days the price increases , by trending higher above the zone on days the price increases it would show renewed interest in the Crypto markets ( IMHO ) .
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DISCLAIMER :
This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommended that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Trading involves a high level of risk. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future performance. Consult an investment professional before investing.
All ideas , trade signals , opinions and/or forecasts are for informational, educational and research purposes only and should not be construed as a recommendation to invest, trade, and/or speculate . Any investments made in light of these ideas, trade signals , opinions, and/or forecasts, expressed or implied herein, are committed at your own risk. I am not an investment advisor, information shared here is for informational, educational and research purposes only and not a recommendation to buy or sell anything .
