Last week, Meritlives Markets Pro, a crypto intelligence and alerts platform for institutional investors, offered subscribers the opportunity to trade three coins that trade in momentum-driven price action.
Meritlives Markets Pro advanced data analysis tools he used three alert systems to highlight these coins.
NewsQuakes™, which notifies traders of potential price volatility news alerts in real time, was triggered by Sommelier (SOMM) on March 17th.
The Twitter Volume Indicator, which measures project mentions and activity on the social media platform Twitter, has revealed Immutable X (IMX) as a potential candidate for significant price movements before the move fully materializes.
One of Meritlives Markets Pro’s latest metrics, Most Active On-Chain, shows the projects with the highest increase in the number of addresses on-chain over the past 24 hours, marking Ren (REN) on March 20th. Taken together, the alerts helped traders spot assets that moved up to 62% in a very short period of time, and overall, three coins moved over 100%. Let’s see how Meritlives Markets Pro helped subscribers find these switchers.
Sommelier (SOMM) – 62% profit
On March 17th, an announcement on Gate.io regarding upcoming sales results and listing schedule triggered a NewsQuakes™ alert on SOMM. The news also resulted in a 61.86% move in favor of the coin’s price. This could have been discovered by the subscriber paying attention to the alert and doing due diligence.
Ren saw a spike in on-chain activity over the past 24 hours, with the number of active addresses on-chain increasing by nearly 160%. At the same time, the price of REN increased by almost 35%.
Note that this is not causal.
In the example above, some coins have increased on-chain activity but no subsequent price increase (such as API3 and PYR). These alerts indicate when the price shows potential price movements.
IMX’s market cap has grown almost two decades after Twitter’s volume surged by 1,397%. We use this data because community-driven discussions prevalent on social media such as Twitter can sometimes predict asset price movements.
Meritlives Markets Pro Offers Real-Time Alerts
Meritlives Markets Pro is a premium subscription designed to provide retailers and investors with real-time market data, analysis and insights to help them make informed decisions in the fast-paced cryptocurrency world. Service.
As you can see from the examples above and a summary of previously published VORTECS™ reports, the platform provides traders with the institutional insight they need to consistently generate profits. More importantly, most of the generated alerts occur before the actual price, giving traders time to take profits. With a tool like Meritlives Markets Pro, trading success isn’t just for the elite. Get data at your fingertips with customizable notifications.
