You are here:
< Back

After hitting an all time high, a coin will in general enter a period of correction where it steadies out at a given price before rising again. It is believed that this phenomenon is due to “overbought” or “oversold” this or that currency. It is fair not only for cryptocurrencies, but also for fiat money and securities.

Learn more about this term ( On the example of the traditional securities market )  :