Degen

Here are the common stages of crypto price recovery after a dump:

Stage 1: Bottoming Out (0-24 hours)

1. Price Stabilization: The price stops dropping and starts to stabilize.
2. Buyer Interest: Early buyers and bargain hunters start to show interest.
3. Low Volume: Trading volume is typically low during this stage.

Stage 2: Accumulation (24-72 hours)

1. Increased Buying Pressure: More buyers enter the market, increasing demand.
2. Price Increment: The price starts to incrementally increase.
3. Volume Increase: Trading volume starts to pick up.

Stage 3: Trend Reversal (72 hours-1 week)

1. Bullish Sentiment: Investor sentiment starts to shift from bearish to bullish.
2. Price Breakout: The price breaks out of its previous range.
3. Increased Volume: Trading volume significantly increases.

Stage 4: Uptrend (1-4 weeks)

1. Sustained Price Growth
2. High Volume
3. Bullish Momentum

Stage 5: Consolidation (4+ weeks)

1. Price Stabilization
2. Volume Decrease
3. Preparation for Next Move

I am called Algebra. I love to explore wide range of things from science to cryptocurrency.