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4 crypto price analysis platforms that can improve your trades

Traders and crypto enthusiasts need access to up-to-date information and topical analysis to make informed investment decisions.

However, with the glut of analysis services available, deciding which platform is right can be difficult.

Some platforms offer in-depth data on futures, while others focus on wallet analysis and decentralized finance (DeFi).

Cointelegraph examines several crypto analysis services that can be useful for investors, traders, analysts and other crypto market participants.

Dune Analytics

Dune Analytics is a platform suitable for users with any level of experience. It grants access to a large range of blockchain data.

Dune Analytics can be used for a variety of purposes, including tracking cryptocurrency prices, trading volumes and other market indicators, analyzing the activity of smart contracts, and observing decentralized application activity.

It also allows users to set predefined widgets to visualize blockchain data. These widgets can be used to create charts, graphs and other visual data representations.

The most attractive feature of this platform is the dashboards users can create. Any trader can search for a dashboard by tags or keywords.

Dune is different from other platforms because it doesn’t strive to be an omniscient service. Instead, the platform rewards its users for creating and improving dashboards.

Ethereum overview dashboard. Source: Dune Analytics

Especially valuable is the tool for tracking the top 1,000 Ether

wallets, which provides important information to investors and specialists in various fields.

Dune’s basic features are free, making the service accessible to everyone. For those who require more advanced features, Dune Plus costs $349 per month — a competitive price compared to other analytics platforms.

Arkham Intelligence

Arkham is a cryptanalytics platform that works to de-anonymize and analyze transactions on the blockchain, systematically linking them to real organizations and individuals. The project consists of two main components: its intelligence platform and the Arkham Intel Exchange.

The intelligence platform uses artificial intelligence to scale its data analysis.

The Arkham Intel Exchange utilizes a rewards and auction system where addresses and transactions can be traded using Arkham’s native currency, Arkham (ARKM).

Users can receive Arkham tokens in two ways: for completing tasks useful to the Arkham community, and if they store or make payments in ARKM, they get a discount of up to 20% for payments within the Arkham system.

The platform also has Arkham Visualizer, an analysis tool that provides graphical representations of transactions.

This feature is for those who want to move away from a list view and prefer a more visual approach to understanding asset dynamics. It can also visualize the transaction network for a particular token.

Arkham Oracle chatbot. Source: Arkhamintelligence.com

Glassnode

Released in 2018, Glassnode is another analytics tool for the cryptocurrency market. In addition to price charts and transaction volumes, the platform offers an extensive selection of futures charts for Ether and Bitcoin.

Glassnode opens up data such as leverage parameters, the number of long and short positions and the payout percentage of trades.

BTC holders chart. Source: Glassnode.com

The platform has many other charts for market research, such as network activity, number of addresses and investor sentiment.

Glassnode publishes detailed cryptocurrency reports and releases its own blockchain network analysis every week to assess the market situation.

An additional feature is a notification system for users who want to know about market changes.

Glassnode has two rates: a free tier for beginners who want basic cryptocurrency charts and a professional tier for $833.33 per month.

Nansen

Nansen combines onchain data with a large database of millions of wallets.

Users can perform an in-depth analysis of specific tokens, including weekly transactions on decentralized exchanges, recent transactions on DEXs and analysis of the largest transactions.

Nansen analyzes over 70 million tokenized wallets, providing a complete picture of token movements.

Nansen stands out for its ability to turn complex blockchain data into understandable analytical insights.

The platform allows users to monitor wallets and analyze trading patterns to find profitable trades. Recently, Nansen expanded its features by adding a “Research” portal with detailed market research.

The main drawback of the Nansen platform is its complexity, which can be off-putting to newcomers, even though it tries to simplify the user experience with each update.

Another disadvantage is that accessing Nansen’s advanced features can be expensive ($999 per month), putting it out of reach for many novice investors or people looking for more budget-friendly options.

Dune appears to be an unbeatable choice for those looking to analyze projects and blockchain activity in depth, given its powerful analytical capabilities. Arkham stands out for its ability to detect fraudulent schemes, while Nansen excels at analyzing large investor behavior and market trends. Glassnode offers extensive analysis and features for social interaction.

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