What are Analyses

In this article, we explain the 2 types of analysis: Fundamental Analysis and Technical Analysis.

What is Fundamental Analysis

With Fundamental Analysis, you try to determine the real value of the currency. For this Analysis, you use cases, number of transactions, economic factors, team, coding activity, inflationary or deflationary supply, competitors, and more.

What is Technical Analysis

With Technical Analysis, you analyze past market data to forecast patterns and the direction of the price. For this Analysis, you use the price and market volume. A Technical Analyst applies a mix of Technical Indicators to study price movements. Technical Indicators are mathematical calculations based on past data of a certain asset. It gives insights into potential price direction. For more information on Technical Indicators, click here. You can use charts to do so. For more information on how to read the Chart page, click here.