Cycle low (date) price change

Date and deviation of lowest price since last ATH

Since the last time the cryptocurrency reached an all-time high, we take the date of the lowest price and its difference from the current price.

  • Low points are naturally more attractive to buy than high points. So the smaller the difference from this low point, the more attractive the buying opportunity.
  • Conversely, the closer the current price is to the last all-time high, the more attractive it is to take profits or set a partial stop loss.

Source: messari.io. Clicking on the figure opens the page for this cryptocurrency on Messari.

This metric is part of the Opportunity category

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