All-Time-Low (ATL) Definition
In cryptocurrency and blockchain, the all-time-low (ATL) refers to the lowest price point that a particular cryptocurrency has ever reached since its inception or public trading started.
All-Time-Low (ATL) Key Points
- The all-time-low (ATL) is the lowest recorded price for a particular crypto asset since its inception.
- ATL is often used by traders for assessing potential investment opportunities.
- ATL can also indicate the general health of a particular crypto asset over a certain period.
What is All-Time-Low (ATL)?
ATL stands for All-Time-Low, which in the context of cryptocurrency, represents the lowest price that a given cryptocurrency has ever achieved on any exchange. It’s a crucial indicator for investors, as it provides information on the crypto asset’s worst ever performance, providing potential insights on its riskiness as an investment.
Who uses All-Time-Low (ATL)?
The term is widely used by investors, traders, and market analysts in the cryptocurrency space. It helps these players to understand market trends and to evaluate potential investment opportunities.
When is All-Time-Low (ATL) used?
The ATL is used whenever a market participant wants to assess a cryptocurrency’s price performance over its lifetime. This could be while considering buying into a cryptocurrency, analyzing its market performance, or comparing it to other cryptocurrencies.
Where is All-Time-Low (ATL) determined?
The ATL for a cryptocurrency is recorded and determined on cryptocurrency exchanges. These digital marketplaces provide a platform for buying and selling cryptocurrencies and track the up-to-minute price movements of these digital assets.
Why is All-Time-Low (ATL) important?
Knowing the ATL of a cryptocurrency is essential to investors for various reasons. It helps to assess the risk and return profile of a given crypto asset. It also provides investors with insights into the asset’s price volatility and market cycles. An asset which frequently revisits its ATL might be viewed as a riskier investment, compared to one showing steady growth.
How is All-Time-Low (ATL) used?
In practice, a trader or investor might look at a cryptocurrency’s ATL while conducting their technical or fundamental analysis. For instance, if a cryptocurrency’s current price is near its ATL, it might be considered undervalued, which could attract investors looking for a bargain. But they would also need to consider other factors to make a well-informed investment decision.
