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RE: Synereo is Released!

in #crypto-news • 7 years ago

I have just been looking for AMP/BTC price in HitBTC. Look at the volume (for a daily chart):

Captura de pantalla 2017-08-10 a las 18.05.04.png

Yesterday -August 9th- had a big volume, compared with previous days. It wa also yesterday that open beta was announced, if I am not mistaken. However market rejected higher prices.

Today's volume is about 0.68 BTC. Not too much. Maybe that changes for the rest of the day. I am in Europe, so in USA there are still plenty of time to trade.

And for a larger context, here is the weekly chart. Volume for this week is quite similar to the previous ones:

Captura de pantalla 2017-08-10 a las 18.05.52.png

When volume is low it means that only people having small amounts of BTC are trading. Movements then are weak and tend to reverse quickly.

7 years ago in #crypto-news by
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