Why some small coins rise in price for 10%-20% in a day WITHOUT any news?

[whatever61]

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

[Upgrade00]

It could still very well be a market manipulation from whales to pump up the price and dump at a much higher price.
Small coins or those with lower market caps are very susceptible to manipulations from whales and shills which can significantly affect the price

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction

Technical analysis is a reading strategy, but it is also dependent on the fundamentals of that project. No trader would expect a relatively unknown currency to grow in price just because.

[mk4]

News isn't always the reason why a coin pumps. It could simply just be caused by a huge buy order by someone. And knowing that a lot of altcoins that get huge green candles have really low liquidity, it wouldn't even require a whale to have a 10% increase.

[whatever61]

I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

[feelideb]

When a coin is low cap coin or, when the liquidity is low and thin or, when the coin is not well distributed and large chuck of the supply is in few hands, it will be easy for such coin to be manipulated! Just few dollar buy, will increase the market price. And the opposite is also true for such coin i.e a few dollar sell can crash the market price!

[whatever61]

When a coin is low cap coin or, when the liquidity is low and thin or, when the coin is not well distributed and large chuck of the supply is in few hands, it will be easy for such coin to be manipulated! Just few dollar buy, will increase the market price. And the opposite is also true for such coin i.e a few dollar sell can crash the market price!

I don't think that's the case, since these are coins listed on Binance with volume around 100BTC. I am sure there are even higher that have the same behaviour.

I can see lots of trades during that day, not just couple of trades that moved the price..

[tvplus006]

...My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

Small coins with a small capitalization are very easy to send to the moon or dump. In the case indicated by you, most likely there is a systematic purchase of coins in order to connect newcomers to such purchases for a subsequent dump. Therefore, for such an increase in the price of the coin, news is not needed at all.

[nelson4lov]

~Snipped

This is a completely normal situation in crypto. You don't actually need any news for prices to increase. Most times, it might be due to an expected price increase based on a technical analysis perspective. For instance, while using trading tools like Support & Resistance or even the fibonacci retracement tools, there's a level price would get and it would exhibit a move that everyone is expecting ~ thus becoming a self fulfilling prophecy. So moves don't need a fundamental analysis action or news to pump up the price. People would just buy at those zones with the right TA.

[Mahanton]

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

Just simply when low cap coins will really make out such percentage volatility yet it can move out on  bigger ranges  because it do lack liquidity or volume.Do move without any news?Of course if someone 
had been trading on that particular coin then its just understandable that there  would  be some movements  without any news that do happen in the market.They wont really be getting one in the first place
unless if its really a potential or good project on where the team behind is really making out some good updates or progress then it could be also one of the reason and remember  that
touching shit coins is very risky but its your choice if you do deal with that.

[CryptocurencyKing]

Most times coins grow and you can agree that jts often far from a pump. I doubt there is any chance by which, a coin might grow without some news. They've got to be some news, maybe not a breaking news as we see with some celebrity figure do or company speculatiom but the people's perception of the coin based on precious or some sort of publicity is what you see playing out on the coins. Mind you, it is an up and down movement so, not like it pumps always, it dumps a few times too. To be in line with the news about a coin, you could follow them up on telegram and you would see some updates from both management and investors.

[whatever61]

Actually, I think I found one of the most common reasons.. It's small pumps and dumps, created by crypto channels.

I analyzed the candles on a minute basis before the signal (green), at the moment of signal (blue) and after (red).

Check out the screenshot:

https://snipboard.io/manWZG.jpg

You can see that it has very low amount of trades. Then:

The organizers buy some of the coin

Send the signal at 18:02

Dump the coin

This happens lots of times per day. Even though I am not sure this is the only reason, but it seems like a common one, since there are tons of signals channels.

[SquallLeonhart]

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

The fact that they have a very low volume causes that. When there is no volume and the liquidity is very low, buying $10 worth could mean 2x for many very tiny coins, I have seen that with a token that I was in charge of, the volume was $300 a day and half of that was fake volume, so whenever someone bought $100 worth of tokens the price actually went up quite a lot, at the time bitcoin was around 6-7k dollars and one day someone spent 8 bitcoins to buy EVERY coin available, the price went from being $0.000001 or something, to being $100+ because there was no token sold aside from those hugely insane numbers.

Of course that changed in 5 minutes and people started to sell like crazy when they saw that price, but just one crazy person was enough to turn something nearly zero to over hundred bucks all by himself. This is how all those coins go up like crazy, lack of volume and liquidity.

[Yamifoud]

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

Because crypto has its own agenda and they can more freely without the help of social media like Twitter. I can imagine how Doge got pump through tweets by Elon Musk in the past few days but this time, some altcoins are in the rally following the trend with Bitcoin. This was not new to everyone and besides, it was not the social media that could make it to pump, some other reason to find.
It wasn't hard to think what makes these things happen and you can ignore the massive market demand affecting the price and likely to move it fast.

[Silberman]

I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

Not really, what you could be seeing in those coins is a whale setting up a position to be able to manipulate price more effectively, as the name implies a whale is too big so if they were to enter the market with all of their resources then the market will skyrocket, but if that is not what they want then they will enter the market gradually and in a kind of a slow-motion to try to avoid to produce that result, this is very easy for them to do because they have bots that allows them to do it, and that's the best explanation that I have about the behavior that you are seeing.

[Oilacris]

I understand, but in that case the rise in price would be instant in one second. Right?
What I see is dragging for hours..

Not really, what you could be seeing in those coins is a whale setting up a position to be able to manipulate price more effectively, as the name implies a whale is too big so if they were to enter the market with all of their resources then the market will skyrocket, but if that is not what they want then they will enter the market gradually and in a kind of a slow-motion to try to avoid to produce that result, this is very easy for them to do because they have bots that allows them to do it, and that's the best explanation that I have about the behavior that you are seeing.

Yes, it could really be possibly on that way too on where there are some initial pumps just to make it look a good one and when it do create some hype and interest when people get lured in then it is where they do make

money and this is some sort of manipulative act which is really very common into this market.If you dont know on how to spot out these types then you would definitely be caught  in the dump.

There could be reason or not but you should be watchful and be careful because taking a risk on  buying these kind of coins wont really be that a good idea.

[Ekeleboy]

I dont think the rise in the coin price is in anyway connected to announcements or announced as the case may be.
It could be as a result influence; mabe someone somewhere bought or sold a huge amount of the coin or neither.
And I don't believe the social media is a causative agent either. Social media influences might have at some time influenced the buy of some coin though.

[Ryker1]

^[snip]
Small coins are also prone to whale manipulation, don’t trust the price pump that much you still have to confirm it by analyzing the price movement and by this, you can know if you are going to buy or not.

Well, this is my first thinking upon reading this thread --it could be easy for them to manipulate the price of a low market volume altcoin.
They are manipulating low market cap altcoin for their own benefits, so it could be pump sometimes even though there is no news or even does not have related movement to bitcoin price. Another possible reason is perhaps there is a big whale trying to gain profit and let the coin pump so that it will getting interested from the traders.

[whatever61]

Actually, I think I found one of the most common reasons.. It's small pumps and dumps, created by crypto channels.

I analyzed the candles on a minute basis before the signal (green), at the moment of signal (blue) and after (red).

Check out the screenshot:

https://snipboard.io/manWZG.jpg

You can see that it has very low amount of trades. Then:

The organizers buy some of the coin

Send the signal at 18:02

Dump the coin

This happens lots of times per day. Even though I am not sure this is the only reason, but it seems like a common one, since there are tons of signals channels.

Hey guys, thanks for all the replies, but you kinda repeating the same
Please check it here, I tried to analyze it deeper and provide an explanation with a screenshot.
Seems to be the reason for the small cap coins.

[killerman2]

Most of the coins like small coins doesn't depend upon the news and can gain a very high potential in small time, this is only to the investors, if someone with a high trading rate invest in that coins and more people too, then the coin rise itself and gain its position without any news we expected.

[Shenzou]

I am trying to analyze what causes some coins to rise in price more than 10% in one day, while no announces actually happen.

1. It does not look like a pump and dump, since the price is growing gradually during the day, not in one minute and not dumping quickly.
2. There were no news on Twitter, media or coinmarketcal.

I will provide couple of examples:

1. DODOBTC - Today - 16 July
2. DODOBTC - 11 July
3. DODOBTC - 6 July
4. EPSBTC - 15 July

My best guess is that it has to do with some technical analysis that causes whales to start buying and this is causing some chain reaction, however this is just a guess.. Would love to hear your opinions.

The price changes that are related to small coins are a frequent thing that happens, it could be explained by some market manipulation even if it is not instant they could be trying to make people think that the prices are rising or selling according to what they want, and since they are not popular coins there is no news to cover it.