A historical accumulation range refers to a specific price zone or period during which a significant amount of a digital asset was acquired by long-term holders. This range is often identified by analyzing on-chain data, such as wallet movements and transaction volumes. It can indicate a strong support level where buying interest was substantial. Observing this range helps identify potential price floors.
Context
Market analysts and traders in crypto news frequently reference historical accumulation ranges when discussing price action and potential support levels for digital assets. Understanding these zones provides insight into investor behavior and market sentiment. It is a technical analysis concept used to gauge the strength of demand at certain price points. Reports on market cycles or asset bottoms often highlight these periods of significant acquisition.
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