![consolidation phase crypto](https://content-hub-static.crypto.com/static/e926b5e75c3cea890f877006f35fc08b/64fe5/4_PHASES.jpg)
Nexo crypto coin
Consolidation phases can also differ within a narrow range. There are several telltale signs for a crypto asset in.
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Companies accepting cryptocurrency | They can also be slightly slanted and paint a flag continuation pattern. On the other hand, in a downtrend, the bullish retracements become smaller and smaller, signaling that fewer people are willing to buy. The trading volume remains high, but the price moves in a narrow range, showing traders' differing sentiments. You can sell assets to make profits or hold your crypto assets to ride out the bearish run. They enter a pole position to make profits if prices increase even slightly. The Lightning Network has brought some much-needed throughput to the Bitcoin ecosystem, allowing ordinary users to create their own peer-to-peer network of payment channels and route. A consolidation phase is neither bad nor good. |
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