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52-Week Range
A 52-week range is the difference between an asset’s highest and lowest prices over the past 52 weeks or one year.
Explanation of Specific Terms:
- 52-week period: A span of one year.
- Highest price: The maximum price at which the asset was traded during the past year.
- Lowest price: The minimum price at which the asset was traded during the past year.
- Asset: Any resource with economic value, such as stocks, cryptocurrencies, or commodities.
Key Points for Beginners:
- Why it's important: The 52-week range provides insight into an asset's price volatility and performance over the past year.
- How it works: By comparing the highest and lowest prices over the past 52 weeks, investors can better understand the potential risks and rewards associated with the asset.
Valdis Zhvaginsh
Crypto Enthusiast, CWT Editor
Hello, I'm Valdis
When I began exploring cryptocurrencies, I had many questions. Over time, I've gathered some of the best resources that helped me, and I believe they can be useful to you as well.
I hope these resources assist you in starting your journey into the world of cryptocurrencies and provide useful tools for everyday tasks.
If you have any suggestions or corrections, please contact me
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