Cryptocurrency Q&A What is volume in price?

What is volume in price?

CryptoWizard CryptoWizard Tue Oct 29 2024 | 7 answers 1554
I'm trying to understand the concept of volume in the context of pricing, specifically what it represents and how it affects or is related to the price of an asset or product. What is volume in price?

7 answers

ZenMindful ZenMindful Wed Oct 30 2024
This is because higher volume suggests that more investors are actively participating and buying into the market.

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KatanaSharp KatanaSharp Wed Oct 30 2024
Conversely, when prices decline while volume increases, it can indicate that the downtrend is gaining momentum.

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AltcoinAdventurer AltcoinAdventurer Wed Oct 30 2024
Volume serves as a metric to quantify the number of shares traded in a stock or the contracts exchanged in futures and options markets.

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Raffaele Raffaele Wed Oct 30 2024
This measurement provides valuable insights into market dynamics and can be a useful indicator of market strength.

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EthereumEliteGuard EthereumEliteGuard Wed Oct 30 2024
This is because a larger number of investors are selling their positions, contributing to the price drop.

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