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RESOURCES

CRYPTO GREEN DAYS

  • The Green Days [30] Index for the crypto market shows the average number of green days for the top 10 cryptocurrencies over the past 30 days. Days are counted as green days when a cryptocurrency experiences a value increase within the day. 

  • The Green Days [30] Index for individual currencies shows the number of green days within a 30-day period. Days are counted as green days when a cryptocurrency experiences a value increase within the day.

The Green Days Indicator follows a simple principle: If a cryptocurrency shows a value increase from the open price to the close price within a day, it is considered to have risen, and it counts as a "green day."

 

​​The open price is the initial trading value of an asset within a specified time frame, typically at the start of the day. In conventional finance, this value usually differs from the previous day's closing price. However, in the crypto market, which operates 24/7, the opening and closing prices are naturally aligned.


The close price is the final trading value of an asset within a specified time period, usually a day. 

Colors & Values

NEGATIVE

0-10

NEUTRAL

10-20

POSITIVE

20-30

For individual currencies, the green days are calculated directly from the currency's historical data.


In the _crymet crypto market green days [30] | top10 avg., an average is formed by calculating the mean of the green days of the top 10 cryptocurrencies, providing insights into a broader spectrum of market movements.

 

While the Green Days Indicator offers useful insights into market trends, it should not be solely relied upon to predict future prices of Bitcoin or other cryptocurrencies. Instead, it serves as a supplementary tool for traders to enhance their decision-making processes.

Nothing in this article constitutes professional or financial advice, and no information in this article represents a comprehensive or complete statement of the matters discussed. All content in this article does not pertain to the specific circumstances of any individual or organization and is of a general nature.

Related Resources:

The Whale Sentiment Index reflects the sentiment of crypto whales and is derived from on-chain analysis and monitoring of transactions between wallets and exchanges.

Analyzes the volume and sentiment of social media posts related to the market or specific cryptocurrencies, assessing post dominance and sentiment scoring on various platforms.

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The information on this website is not intended to be investment advice, financial advice, trading advice, or any other form of advice, and should not be relied upon as such. _crymet does not recommend the purchase, sale, or holding of any cryptocurrency by you. It is essential to perform your own due diligence and consult with your financial advisor before making any investment decisions.
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