What is the significance of LTM in cryptocurrency trading?

criptossDec 28, 2021 · 3 years ago1 answers

Can you explain the importance of LTM (Last Twelve Months) in cryptocurrency trading and how it affects the market?

What is the significance of LTM in cryptocurrency trading?

1 answers

Dec 28, 2021 · 3 years ago
When it comes to cryptocurrency trading, LTM (Last Twelve Months) holds great significance. It provides traders with a comprehensive view of a cryptocurrency's performance over the past year. By analyzing the LTM data, traders can gauge the historical price movements, market trends, and overall market sentiment associated with a specific cryptocurrency. This information is crucial for making informed trading decisions and predicting future price movements. LTM also helps traders identify potential patterns and trends that may impact the market in the future. Overall, LTM is a valuable tool for understanding the past performance and potential future prospects of a cryptocurrency in the trading market.

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