What are the best crypto analysis tools?
With crypto trading becoming increasingly popular as it enters the mainstream, choosing the right tools to analyze the market can be something of a head-scratcher.
This guide explores the leading available crypto analysis tools, testing their features and assessing the value you can expect when signing up for a paid subscription.
The 10 Best Crypto Analysis Tools
We’ve examined a wide selection of crypto analysis tools, covering the filters, charts, and other features which make them the best charting tools available.
Here’s our list of the 10 best crypto analysis tools:
10. CryptoMiso
Best For Basic Crypto Tracking
CryptoMiso is a clean, simple to use crypto charting tool which allows users to track the value of a wide selection of cryptocurrencies.
Understanding the history of a given currency is essential to avoid investing in a dead project, and CryptoMiso allows you to do this across various time frames.
While GitHub does allow you to track cryptocurrencies easily, it doesn’t allow you to track them all one by one, which is where CryptoMiso steps in.
Here, you can view a list of cryptocurrencies in the order they are ranked based on GitHub, but with far more details about each crypto project listed.
The website displays the number of commits each project has done within a period of time, based on the most popular repository and the latest market data.
While CryptoMiso is limited compared to some of the more advanced crypto research tools, it’s a valuable analysis tool with a wealth of historical data to help you invest.
You can use it to keep an eye on the average prices across time and make a note of any trend lines, and there’s a free plan, so you don’t have to pay to get actionable data on your investments.
If you’re relatively new to the game and are developing a crypto trading strategy, CryptoMiso will set you on the path towards affording one of the most expensive cars in the world.
9. Messari
Best For New Investors
Messari represents a step up from CryptoMiso, offering its users a range of charting tools, trading volume data, and other options for quality crypto technical analysis.
A data analysis platform, Messari provides crypto financial intelligence by aggregating data and delivering it to users along with a selection of trading tools to help with your market analysis.
There’s an assets screener, which helps you track, filter, and analyze assets, and a charts explorer where you can dig into the latest accurate data from the crypto industry.
Additional research tools allow users to dig deeper into everything from the latest NFTs and social tokens to regulatory data, helping you make informed investment decisions.
The Messari trading platform offers a selection of filters to help you analyze sector, price, and market cap, with the option to customize how you research your coins.
With market data forming the core of crypto trading, Messari stands out among the best crypto trading tools to help keep you up to date on the latest developments in the crypto market.
You can use Messsari completely free, but to make the most of their service and unlock all their tools and services, you’ll need to upgrade to the premium version.
Messari Pro will set you back $24.99 a month, which you pay annually, and includes advanced screening options, charting, and watchlists.
The Pro version also gives you daily insights into market data, important long-form research, and the ability to download your data to a spreadsheet.
8. Skew
Best For Ease Of Use
Skew has positioned itself as the leading platform for real-time analysis tools for cryptocurrency traders, covering Bitcoin, Ethereum Spot, Futures, and much more.
With the potential for fraud causing some concern in the crypto space, most traders use data analysis tools to help ensure they’re investing their money wisely.
Skew combines cryptos and derivatives into one system, bringing together the latest information from derivatives exchanges, including Bybit, OKEx, FTX, and Binance.
You can use market data dashboards that aggregate real-time analytics across multiple exchanges and market segments, as well as downloading the data behind Skew’s extensive charts.
Since Skew has been acquired by Coinbase, users can access some advanced trading capabilities, secure storage, and client services available in a selection of time zones.
You don’t need to have billionaire Eyal Ofer’s net worth to get started with Skew, although their individual membership does cost a pricey $279 per month, which unlocks their custom dashboards and market data dashboards.
The team membership will set you back $558 per month for two seats and an extra $159 per month for each additional seat added on.
This package adds the data download feature to the two custom dashboards you get with the individual membership option.
There’s also the option to try before you commit to the platform, with Skew offering a 14-day free trial.
7. LunarCrush
Best For Social Media Metrics
LunarCrush positions itself as a social metrics tool for crypto trading, designed to help users make the best investment decisions based on real-time social insights and the latest market metrics.
From the homepage, you can access lots of information, from the top 10 coins and influencers to recently added coins and the best exchanges available.
There’s a tab for data on markets, with detailed breakdowns including social volume and engagement, shared links, and the average sentiment, as well as spam volume.
This makes LunarCrush a valuable tool for not only understanding market movements but also putting your finger on the pulse of what currencies crypto traders are talking about.
As well as the ability to track different coins and various exchanges, LunarCrush also gives you a complete breakdown of the influencers it tracks, from the number of followers they have to how many likes they’ve been getting over a certain period of time.
It’s a user-friendly system and is ideally suited to those who want to gain additional influencers’ advice on how to achieve goals.
While it’s easy to open a free account on LunarCrush, if you want to access the full range of features, data, and rewards, you’ll need to actively contribute to their online community.
6. Coin Metrics
Best For Visualization Tools
Coin Metrics is another solid crypto trading tool that utilizes CM Network Data Pro to aggregate data metrics for the top crypto assets available.
The analysis tool offers a variety of trading indicators you can use to make investment and trading decisions, including market data, index, and network data.
There are over 100 assets to access through their platform, and you can apply the different tools to over 400 metrics.
Coin Metrics also features a network data visualization tool, and once you’ve added all the metrics you want to analyze, you can download it in a range of different extensions.
Metrics you can use range from supply, economic, and miner metrics to free-floating supply and realized cap metrics.
The on-chain data is updated regularly, and Coin Metrics uses a time period for their metrics down to block-by-block, giving you updated data once miners confirm a block.
Coin Metric’s pro plan works through the generation of an API key that gives access to their pro features, but you need to contact them if you want to purchase a paid plan (no details as to pricing are available on their website).
Coin Metric is a comprehensive crypto asset tracker, ideal for investors who are looking at options for how to make your first million.
5. Glassnode
Best For Range of Metrics
Glassnode is a crypto trading platform that offers a comprehensive library of advanced on-chain metrics along with market insights and data exploration.
As cryptocurrencies such as Bitcoin become increasingly adopted by some top traders, services like Glassnode will play an increasingly significant role in how investors operate.
Glassnode’s metrics are broken up into a selection of tiers, each of which manages a selection of assets (for example, BTC, ETH, LTC) viewed through various resolutions (monthly, weekly, by the hour, or by the minute).
These metrics cover everything from block height, new deposits and validators, and a range of fees to futures open interest and mining profitability.
The system gathers the data from different blockchains to give you an accurate measurement of crypto network activity, using that data to report on metrics and insights.
You can also view price action and access price alerts, as well as download data and other technical indicators from their service to your computer.
Tier 1 data is accessible through Glassnode’s free accounts and is updated every 24 hours, while paid subscriptions are available for $29 per month and $799 per month.
These pro memberships unlock additional tiers, as well as provide subscribers with more frequently updated information not available in the lower tiers.
4. CoinGecko
Best For Budget Subscriptions
CoinGecko is one of the more popular crypto research tools available, providing data aggregation and tracking cryptocurrency prices based on their market cap.
You can choose from the various coins listed on CoinGecko to view live price changes from over 500 crypto exchanges and more than 10,000 coins.
As well as being able to view exchanges by trading volume and track individual coins, you can also stay ahead of the competition by using CoinGecko’s in-depth crypto market analysis.
This helps you keep abreast of the most important developments in the crypto world, with detailed technical analysis and charting tools.
There’s a lively community of fellow traders you can connect with on many platforms, from Facebook and Twitter to Reddit, so you can find out the latest market tips and upcoming events or check out insightful Youtube videos.
If you’re thinking of branching out into buying NFTs, CoinGecko has a section of their website dedicated to these tokens, alongside thorough listings for coins and exchanges.
In addition to the free version, there are two paid versions of CoinGecko you can subscribe to, Premium and Premium+.
These accounts will cost $49.90 and $99 per year, which members pay in monthly installments, unlocking more advanced features and removing all ads.
If you’re building a portfolio of expensive bitcoins, CoinGecko is a great aggregator to help you keep on top of the value of your investments and save up for one of the most expensive yachts.
3. CoinMarketCap
Best For Diverse Portfolios
CoinMarketCap was first established in 2013, so it has some pedigree in the world of crypto research tools and is capable of tracking a diverse portfolio.
Visit the web page, and you can view a great deal of information at a glance, with today’s cryptocurrency prices by market cap listed at the top, including trending coins, the biggest gainers, and recently added.
You can view a variety of exchanges, catch up on the latest non-fungible tokens, view your portfolio, and add coins to your watchlist to track them over time.
Exchanges you can view are varied, including spot exchanges, decentralized finance exchanges (DeFi), derivative exchanges, and more.
Statistics available through CoinMarketCap on coins are also impressive, for instance, price and price changes, 24-hour highs and lows, trading volume, and the aforementioned market capitalization.
Other features you can access to help you with your investments include a useful glossary of terms, a free portfolio tracker, and a selection of quizzes and rewards for users.
With cryptocurrencies going mainstream, using a tracker like CoinMarketCap is a great way to get your foot on the crypto investment ladder.
2. CoinMarketCal
Best For Calendar Updates
CoinMarketCal provides exactly the kind of service you’d expect from its name, delivering a solid calendar service of upcoming crypto events along with some cool crypto analysis tools.
With the cryptocurrency market in a constant state of flux and newsworthy events shocking the industry regularly, using a calendar to track it is essential.
Using CoinMarketCal allows you to track upcoming events for a wide range of different coins, helping you to keep tabs on the market with minimal effort.
CoinMarketCal uses community-driven and evidence-based frameworks which allow users to add their own crypto events, which are then verified before being added to the calendar.
This system works through user interaction, with real events getting upvotes and the ones that appear to be fake getting downvotes, so you can be pretty sure accredited events are the real deal.
Searching the platform helps users to find specific events which they think could have an impact on crypto prices, and it’s easy to bring up the listed events over a select period of time.
There’s also a helpful news section alongside the various tools, where you can find massive amounts of information to complement the information provided in the calendar tool.
CoinMarketCal is entirely free to use, so it’s worth adding it to your list of cryptocurrency tools to use alongside other tools with different uses.
It’s a great addition to any investor’s tool kit and another great way to stay focused on your dreams.
1. TradingView
Best For Overall Crypto Analysis
TradingView is a crypto analysis platform for people who love their charts, featuring charts exploring virtually every imaginable metric.
Using the free version of TradingView allows you to view one chart at a time per tab, and if you register for the free version, it’ll allow you to save your charts and choose between twelve different chart types,
You can select from 50 smart drawing tools, including geometric shapes, trend lines, patterns, and annotations.
These form the foundation of the platform’s technical analysis and help you understand the markets even better.
You can set up server-side alerts, for example, price alerts, and set alerts on indicators and drawings, which notify you by webhooks, email, push notifications to phone, or SMS.
Plenty of TradingView’s features are available for free, but if you want to unlock the entire range, you’ll need to invest in a paid subscription.
These pro versions are reasonably priced, costing between $14.95 and $29.95 per month, and if you want to screen even more markets, there’s a TradingView Premium account which costs $59.95 per month.
It’s a hugely popular tool with millions of users worldwide and an excellent place to start if you’re hoping to end up as one of the richest people in the world.
Summary
Cryptocurrency trading can seem overwhelming at times, with numerous currencies to track and lots of tools available to choose from.
This guide should help you find the best crypto trading analysis tools for your requirements, with the right filters, charts, and other features necessary to get you the information you’re after.
Here’s a quick recap of the 10 best crypto analysis tools:
- TradingView
- CoinMarketCal
- CoinMarketCap
- CoinGecko
- Glassnode
- Coin Metrics
- LunarCrush
- Skew
- Messari
- CryptoMiso
What’s the best crypto analysis tool, in your opinion? Leave a comment below.
