Cryptocurrency Q&A
What is a supply zone crypto?
What is a supply zone crypto?
SamsungShine
Mon Nov 04 2024
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7 answers
1671
I'm trying to understand the concept of a supply zone in the context of cryptocurrency. Could someone explain what it means and how it relates to the crypto market?
7 answers
Tommaso
Wed Nov 06 2024
This imbalance drives up the price as buyers are willing to pay more for the asset.
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mia_harrison_painter
Wed Nov 06 2024
As a result, sellers are willing to accept lower prices for their holdings.
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CryptoLodestarGuard
Wed Nov 06 2024
Consequently, the price of the asset begins to decline.
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Lorenzo
Wed Nov 06 2024
In a supply zone, the market experiences an abundance of sellers.
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KpopStarletShineBrightness
Wed Nov 06 2024
Conversely, in a demand zone, the market sees an excess of buyers.
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