What are we looking at here:
The VORTECS™ Score from Cointelegraph Markets Pro often tracks the rise in volume and positive sentiment as a crypto asset price rises.
But sometimes you see clear outliers: (click on the image).
VORTECS™ Score in green, LUNA price in white.
Tracking $LUNA on the one month scale, we can see that VORTECS™ identified bullish peaks that were uncorrelated with rising prices on three occasions.
The first of these occurred around 48 hours before a slight increase in price. The second, just before a more significant rise. And the third before a major bullish breakout late on Feb 6 (UTC) just as sellers were causing a brief dip.
While we can see VORTECS™ tracking the rise of LUNA between Jan 28 and Feb 5, it's these outliers that are interesting. A sudden spike in the score, uncorrelated with a concurrent price increase.
A proprietary blend of data points including sentiment, trading volume, chatter and price action, the VORTECS™ Score is an algorithmic real-time comparison of current market conditions with historically similar circumstances.
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