The Volume Weighted Average Price (VWAP) is a crucial technical indicator for cryptocurrency traders, offering insights into the average price of assets based on trading volume over a specific period. This tool aids traders in assessing liquidity and optimizing trade timing, making it particularly useful for short-term trading strategies. While VWAP effectively highlights price trends influenced by trading volume, it may lag in rapidly changing or news-driven markets. Traders often combine VWAP with other indicators to enhance trading accuracy.
VWAP: Essential Indicator for Crypto Traders
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