Which cryptocurrencies have shown a strong correlation with VWAP in recent months?

3 answers

• Jan 14, 2022 · 3 years ago
  There are several cryptocurrencies that have shown a strong correlation with VWAP in recent months. Bitcoin, Ethereum, and Binance Coin are among the top cryptocurrencies that have demonstrated a significant correlation with VWAP. This correlation indicates that the trading volume and price movements of these cryptocurrencies have closely followed the VWAP indicator. Traders and investors can use this information to make informed decisions based on the VWAP indicator and the price movements of these cryptocurrencies.
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• Jan 14, 2022 · 3 years ago
  Over the past few months, VWAP has shown a strong correlation with cryptocurrencies such as Bitcoin, Ethereum, and Ripple. This correlation suggests that the trading volume and price movements of these cryptocurrencies have been influenced by the VWAP indicator. Traders and investors who closely monitor the VWAP indicator can use this correlation to identify potential trading opportunities and make more informed decisions in the cryptocurrency market.
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• Jan 14, 2022 · 3 years ago
  According to recent data, Bitcoin, Ethereum, and Litecoin have exhibited a strong correlation with VWAP in the past few months. This correlation indicates that the trading volume and price movements of these cryptocurrencies have closely followed the VWAP indicator. It's important to note that correlation does not imply causation, but it can provide valuable insights for traders and investors who use VWAP as part of their trading strategy.
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