Support Level
A support level is a price point where a cryptocurrency stops falling because more people want to buy it at that price.
More terms under S
- Supply ChainA supply chain is the series of steps a product or service goes through from creation to delivery to the customer.
- Supply Chain AttackA supply chain attack is when hackers target the suppliers of big companies or organizations to steal important information.
- Supply and DemandSupply and demand refer to how much of something is available (supply) and how much people want it (demand). In cryptocurrency, these two factors help decide…
- Surge (Ethereum)The Ethereum Surge is a phase in the development of the Ethereum network that aims to improve its performance. It includes important upgrades, with sharding…
- SwarmA swarm is a group of users who are all sharing and downloading the same file in a torrent network.
- Swing Failure Pattern (SFP)A swing failure pattern (SFP) is a signal that shows a possible change in the direction of a market trend. It helps traders spot signs that the current trend…
Educational definition. Protocol rules and market conventions can differ; check an asset's official documentation.