10+ Crypto Research Tools You Must Have as a Beginner Investor
Crypto Research has taken the world by storm which has altered the global financial system and become the most sought-after investment in history. The crypto trading industry has grown at an exponential rate with various Crypto Research tools, helping investors to make better trading decisions.
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The crypto market is a difficult place to invest, trade, or simply participate in the ecosystem. The most important part of both crypto trading and crypto investing is price and technical analysis. Cryptocurrency is highly volatile in response to market fluctuations, making it one of the riskiest investment assets. However, many new investors enter the market with no prior knowledge or education.
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Technical tools can bridge this gap and provide information to all types of investors to help them make better trading decisions. The top Crypto Research tools for beginner investors can assist investors in analyzing market conditions and making more informed investment decisions are listed below:
10+ Crypto Research Tools You Must Have as a Beginner Investor
1.CryptoQuant
CryptoQuant is a high-quality research tool that provides comprehensive data for cryptocurrency trading. This tool can assist in identifying key metrics to follow in research and keep users up to date on the most recent information. The tool contains market data, and short and long-term indicators for Bitcoin, Ethereum, ERC20 tokens, etc.
2.Messari
Messari is a cryptocurrency data (Crypto Research) aggregator that provides tools for chart analysis to allow for better trading decisions. It was founded by Ryan Selkis in 2018. It has a screener with filters like volatility, volume, liquidity, and a market cap that you can use to tailor your research on various coins. Messari is free to use and includes a basic set of features such as a screener, a watchlist, research reports, and basic quarterly reports.
3.Glassnode
Glassnode is an on-chain market intelligence platform that provides investors with critical information about any coin. Glassnode help gains access to data and knowledge that will help make better investment and trading decisions in the Bitcoin, Ethereum, and Cryptocurrency markets in general. As a result, it provides data for analyzing any coin’s exchange inflow and outflow with the coins indicating that more people intend to sell.
4.Sentiment
The sentiment is a Crypto Research tool that provides on-chain, social media, and financial data, in turn forecasting the price movement of any cryptocurrency. This research tool gives users access to a wide range of features and other crypto analysis methods such as social dominance, exchange flows, valuation metrics, and financial analysis. The tool intends to establish market standards for cryptocurrency market data, best practices, and project transparency.
5.LunarCrush
LunarCrush, a social intelligence platform analyses social media data to gauge not only market activity and transaction data but also investor sentiment. LunarCrush gives real-time insight into who those influencers are and allows to track the influencers, coins, and exchanges that are most interesting to the users. Members of LunarCrush Pro stake or hold 2,000 or on the platform in exchange for real-time alerts, on-chain portfolio indicators, and other features,
6.CoinGecko
CoinGecko tracks cryptocurrency prices by market capitalization. This large data aggregator platform not only tracks and measures coins and tokens by market cap and exchanges by trading volume, but it also provides an in-depth analysis of the crypto market. The tool has a premium account that cost $41.66 per month.
7.CoinMarket Cal
The clinMarketCalbresearch (Crypto Research) tool informs users about upcoming market events involving various cryptocurrencies. In this social platform, users provide insights and research-based news about crypto events. The platform incorporates evidence-based and community-driven frameworks, allowing users to add crypto events that are then verified. Real events receive upvotes, while those that appear to be fake receive downvotes.
8.CoinDance
CoinDance is a bitcoin research tool that monitors a wide range of metrics, such as hash rates, network nodes, fees, block sizes, and mining breakdowns. The top-level stats covered by Coin Dance include blockchain, price history, search volume, market capitalizations, demographics, and more. Because the platform is community-driven, users can vote on the accuracy of the information provided by the community.
9.Coin Metrics
Coin Metrics, a leading provider of crypto financial intelligence provides cryptocurrency financial intelligence, market data, index data, network data, and other analysis tools to assist you in making informed crypto decisions.
Established in 2017, users can conduct industry research using the CoinMetrics data analytics platform. CoinMetrics APIs can be used by developers to create their web3 analytics applications
10.Coinbase One
Coinbase One or Prime is a trading service that offers secure custody, an advanced trading platform, and prime services all in one place to manage your crypto assets. With a central portfolio management hub, it streamlines crypto processes. Users can trade assets, approve transactions, and view detailed activity histories.