What are the typical day ranges for popular cryptocurrencies?

3 answers

• Dec 15, 2021 · 3 years ago
  The typical day ranges for popular cryptocurrencies can vary greatly. Some cryptocurrencies may have relatively stable prices, with day ranges of only a few percentage points. Others, especially smaller and more volatile cryptocurrencies, can have day ranges of 10% or more. It's important to note that these ranges can change over time as market conditions and investor sentiment fluctuate.
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• Dec 15, 2021 · 3 years ago
  When it comes to day ranges for popular cryptocurrencies, it's important to consider factors such as market liquidity, trading volume, and overall market sentiment. Cryptocurrencies with higher trading volumes and greater market liquidity tend to have narrower day ranges, as there is more buying and selling activity to stabilize prices. On the other hand, cryptocurrencies with lower trading volumes and less liquidity can experience wider day ranges due to the impact of individual trades on the overall market.
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• Dec 15, 2021 · 3 years ago
  According to BYDFi, one of the popular cryptocurrency exchanges, the typical day ranges for popular cryptocurrencies can range from 1% to 5%. However, it's important to note that these ranges can vary significantly depending on market conditions and the specific cryptocurrency in question. It's always a good idea to do your own research and monitor the market closely to get the most up-to-date information on day ranges for cryptocurrencies.
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