I'm trying to understand how to anticipate or forecast the prices in the cryptocurrency market. Is there a specific method or strategy that can help me predict these fluctuations?
7 answers
CharmedClouds
Sat Nov 30 2024
Supply, on the other hand, represents the amount of the cryptocurrency available for purchase.
Enrico
Sat Nov 30 2024
The pricing mechanism of a cryptocurrency is relatively straightforward.
Tommaso
Sat Nov 30 2024
When there is a high demand for a cryptocurrency but a limited supply, its price tends to increase.
CryptoElite
Sat Nov 30 2024
Conversely, if the demand is low but the supply is high, the price of the cryptocurrency will decline.
Michele
Sat Nov 30 2024
It is primarily influenced by two key factors: demand and supply.