How to get signals from CoinMarketCap

The CoinMarketCap site is one of the most widely used and reliable crypto market tools. The features of the Coin Market Cap site are not limited to displaying the latest price movements of cryptocurrencies and are very diverse. Taking signals from Coin Market Cap is one of the common methods of technical and fundamental analysis of digital currency, which we will discuss in this article.

The various facilities and features of the Coin Market Cap site allow traders to find the best time to buy and sell digital currencies by spending the least amount of time. With this tutorial on taking signals from Coin Market Cap, you will gain more skill in analyzing the price of digital currency, and an accurate and practical tool will be added to your list of trading tools.

Introducing CoinMarketCap website

CoinMarketCap.com is a comprehensive and functional website for tracking price movements in the crypto market. Coinmarketcap is the largest and most famous digital currency price tracking tool in the world, where new cryptocurrency projects are listed every day. Currently, 25,847 projects and 643 digital currency exchanges are listed in this database, and information about them is updated real-time.

All the information a trader needs about crypto projects is available on this site: price history, market cap, trading volume, exchanges and markets, latest news and even useful project links. For this reason, the Coin Market Cap site can be considered the main tool for fundamental analysis in the crypto market.

There are many ways to use this vast and complete information and get signals from Coin Market Capis just one of them.

Features and features of the CoinMarketCap website

It is almost impossible to introduce all the features and services of the Coin Market Cap site in a short article. For this reason, in this part of the training of the Coin Market Cap site, we only discuss the most important and most used features and facilities of this site. CoinMarketCap website features can be divided into several general categories:

Crypto market information: These are the most important statistics of the cryptocurrency market and are displayed on the top bar of the site: the number of listed crypto projects and exchanges, the market cap of the total market, the trading volume of the last 24 hours, the Dominance Index of Bitcoin and Ethereum and the gas fee of the Ethereum blockchain.

Site products or services: If you open the Products option from the top menu of the site, you will see a list of Coin Market Cap products. Digital currency converter, blockchain browser, introduction of various campaigns including airdrops and calendars related to important events of the crypto industry are some of these tools.
In addition to these items, we should also mention Watchlist and Portfolio. With the Watchlist tool, you can collect your favorite projects in one place for easier access. With the portfolio tool, you can import a list of all your crypto holdings into CoinMarketCap.

Ranking of digital currencies: The most important part of the home page of the CoinMarketCap site is dedicated to ranking projects based on market value or market cap. In this section, you can see and compare information such as price, price changes in the last 7 days, market cap, volume of transactions in the last 24 hours, and more. Various search tools and filters have also made it easier to find and compare cryptocurrencies.

Digital currencies dedicated page: This is the most important part to get signals from Coin Market Cap. By entering the dedicated page of each cryptocurrency, all information will be available to you in one place. Useful links related to each project, price history and current rate, trading volume of the last 24 hours, maximum supply, markets or exchanges, news, Trading View window for technical analysis and on-chain or OnChain analysis, just some This is the information.

All these facilities and features clearly show why every digital currency market trader should know how to work with the Coin Market Cap site.

Learning how to get signals from the Coin Market Cap site

If you have a history of technical analysis of digital currencies, you probably have many ideas for receiving signals by reading the list of Coin Market Cap services. In this section, we are going to introduce parts of the Coin Market Cap website that you can use to get valid buy or sell signals. Do not forget that there are many ways to get signals from the Coin Market Cap site, and you can add new techniques to this list yourself.

Getting a signal from the trading volume

The trading volume of any cryptocurrency gives you a lot of information about it. A fall in the price of digital currency despite the high volume of transactions can be a good buying signal. The growth of trading volume, along with the price jump and the upward trend, is also a possible sign of the beginning of a downward trend and a sell signal.

Using CoinMarketCap website calendars

The Coin Market Cap site calendar informs you of the important events of each digital currency project, including token burning, updates, mergers and upgrades. In this way, you can determine the right time to buy or sell after or before these events.

Taking signals from the prices of the Coin Market Cap site

Price is the best indicator. This famous quote shows how to get signals from Coin Market Cap. You can discover opportunities to buy or invest in new projects by finding digital currencies that have grown or fallen the most.

Investigating the activity of holders in Coin Market Cap

By going to the holders page of each crypto project (…/More Info/Holders), you can see the information about the holders. If you want to buy or sell a cryptocurrency that has a large percentage of its circulating volume in the hands of large holders or whales, the behavior of the holders will be an important signal to buy or sell.

Taking signals from the analytical department of CoinMarketCap

One of the most important parts of the fundamental analysis of the Coin Market Cap website is the Onchain analysis. This information is provided with the help of the intotheblock database and is located on the dedicated page of each project. The analytical information of this section of the Coin Market Cap website is divided into two sections:

Token Summary, which includes important on-chain metrics of each digital currency:

• Holders profiting at the current price: This indicator can determine the willingness of holders to buy or sell.
• Holders and large whales share of circulating supply
• The average duration of cryptocurrency storage by holders
• The volume of transactions is more than 100 thousand dollars
• Demographic status of transactions (comparison of transactions made in eastern hours with western hours)

Actionable signals include momentum and value signals that will give you a better understanding of the sentiment or feelings within the bitcoin chain. These indicators are visually better designed and it is easier to get signals from them.

• Overall sentiment: This indicator shows the overall sentiment of the market (bullish, bearish or neutral).
• Net Network Growth: This momentum signal shows the actual network growth of each token.
• Concentration or Concentration: Determines the increase or decrease in the share of large holders of circulating tokens.
• Profitability: This momentum signal shows the change in the number of profitable addresses.
• Large Transactions: Momentum indicator for transactions that are larger than $100,000

Easy access to this data and various indicators has made it very simple to get signals from the Coin Market Cap site. You just need to know the impact of each of these factors on the digital currency price and market sentiment.