Which cryptocurrencies have the highest average true range according to the formula?

3 answers

• McNally SheppardMay 16, 2021 · 4 years ago
  Sure! According to the formula, some of the cryptocurrencies with the highest average true range (ATR) are Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. These cryptocurrencies have shown significant price volatility, which is reflected in their high ATR values. It's important to note that ATR is a measure of volatility and does not indicate the direction of price movement. Therefore, it's crucial to conduct further analysis before making any investment decisions based solely on ATR values.
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• Ashia 20'sSep 04, 2023 · 2 years ago
  Well, when it comes to cryptocurrencies with the highest average true range (ATR), you can't ignore the big players like Bitcoin and Ethereum. These two cryptocurrencies have consistently shown high levels of price volatility, resulting in higher ATR values. However, it's worth mentioning that ATR alone should not be the sole factor in determining investment decisions. It's always recommended to consider other fundamental and technical analysis indicators before making any trading choices.
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• isara chootipJun 28, 2023 · 2 years ago
  According to our analysis at BYDFi, the cryptocurrencies with the highest average true range (ATR) based on the formula are Bitcoin, Ethereum, and Ripple. These cryptocurrencies have demonstrated significant price fluctuations, resulting in higher ATR values. However, it's important to remember that ATR is just one of many indicators used in technical analysis, and it should be used in conjunction with other tools and strategies to make informed trading decisions.
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