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The price action in the market has been very stable of late. Is this the calm before the storm?

All Cryptocurrencies

by COINS NEWS 86 Views

This is the most stability I have ever seen in the crypto markets. For a market that is famous for being highly volatile, the price action of most major coins will dispute that narrative. I have been watching the charts over the last few months and I have seen more stability than volatility. If you look at the price action of the three biggest coins, you'll agree that the prices have been fairly stable for the last 3 months or so. Of course there are coins such as DOGE, XRP, SOLANA that have had significant price swings due to various factors in the macro environment. But generally, the major coins have maintained fairly stable price action. It's like the market is patiently waiting for something to happen... like the calm before the storm.

Here's a table to show you the price changes of the big 3 coins over the last 30 days (prices gathered from Coingecko):

24 hours 7 days 30 days
BTC 0.4% 0% -3.5%
ETH 0.3% 0.5% -2.6%
BNB 0.5% 1.8% 0.1%

submitted by /u/economist_kinda
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