Historical VWAP
Last updated
Last updated
VWAP, Volume Weighted Average Price is used to measure the average price of a crypto over a given time period, with the price weighted according to the volume traded, identify the overall trend of the market and as a reference point for placing orders.
Intraday VWAP: calculated using the price and volume data for a single day.
Historical VWAP: calculated using the price and volume data over a longer period of time, such as a week or a month.
Calculate VWAP, first determine the time period then sum the total value traded (price multiplied by volume) for each time period and divide it by the total volume traded for the same time period. The resulting value is the VWAP for that time period.
VWAP is used to identify the overall trend of the market, if the price is above the VWAP, it may indicate an uptrend, while if the price is below the VWAP, it may indicate a downtrend. Use the VWAP in combination with our other tools to make informed decisions.
Use Cases: