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RE: Steemit Crypto Academy Contest / S14W2 - Volatility in cryptocurrencies.

greeting @sachin08 Great engagement with the Steemit community! Your explanation of volatility in the cryptocurrency market is clear and concise. The use of real-time charts, such as LUNC/USDT and BAKE/USDT, effectively illustrates the rapid and substantial price movements, emphasizing the inherent volatility in the crypto space.

Your discussion on the benefits and disadvantages of volatility is insightful, highlighting the opportunities for profit through strategic trading and the risks associated with sudden market movements. It's evident that you understand the dynamics of the crypto market and the importance of being prepared for unexpected fluctuations.

The introduction of the Bollinger Bands as a technical indicator for measuring market volatility adds depth to your response. It's excellent that you're sharing practical insights into the tools you use in your technical analysis, making your contribution valuable to fellow Steemians.

Keep up the great work, and best of luck in the Steemit Engagement Challenge✨

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Thanks for going through my post.
Bollinger bands is truly a great indicator if we want to find out the volatility in the current market.

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