Why Movers of the Day
Movers of the Day like Market Analysis
We analyze and gauge the entire crypto market. Any tool that provides insights into what drives token’s and coin’s prices up and down is a welcome addition to every investor’s arsenal. We study and record behavior.
Our “The Voice” approach is different from the dominant hype or automatic calculation gainers/losers without enough depth of insight that can lead to a totally incorrect assessment of the situation. Our rational addition is based on measurement and experience from financial markets, so we created DA indexes as benchmarks, examined properties, build the environment and participants for such a rational look, which until now has been lacking.
Movers of the Day like DA picking
- Selecting the Movers of the Day is in some way Digital Assets picking, the ones that are going to happen are selected. As a result of the selection formed, the group has some properties, they are better than the average but they have above-average volatility.
- Movers of the Day DA picking is not an automatic algorithmic search, but something more what we have labeled the Voice. From this, benefits arise because someone took the time and checked if the selected Digital Asset fulfills a wider set of important properties (for example kind of market situation, according to a technical analysis of the price movement, bid-ask spread on the exchanges …)
- Since their price movements of Movers are very large, the volatility is also appropriate. The price pullback or correction after the main move could transfer Movers winners to losers in the next day.
- Movers of the day should be taken as a warning that with Digital Assets, which we own, something happens that it might be meaningful to do something (partly sell or make an additional purchase).
- In the Movers of the Day article, we evaluate: the type of price movement and we use the time-shifted axes to evaluate the trading status of the token, cause for price movement. The reasons for the move can be:
- market tides,
- publications of price sensitive information. The new exchange listing announcement cause price to rise (in fact, the quality, the liquidity gap is decreasing), but the value of the project does not change significantly (something bigger, but not a few times bigger); in fact, the price is oversold. The quotation actually causes “pump and dump” – example ADT, DOCK, RFR
- PR and marketing information and announcements (who said something at the conference) initially raise the price (similar to listing) and the price usually also very quickly returns to the previous level.
- The reader, however, has to decide if the described movement in Movers of the said digital assets can be used to generate him profit.
- Warnings to investors, if Digital asset is on the list Movers of the Day, what that could mean.