It represents a specific time frame used to analyze and track cryptocurrency price movements.

It’s a short-term perspective that helps traders and investors assess short-lived trends and market activity.

When viewing a 1-hour price chart, you can see how the cryptocurrency’s value has fluctuated over that hour. It’s a valuable tool for short-term trading decisions.

Higher trading volumes or rapid price changes can occur within this time frame, making it a favored choice for day traders. However, it’s important to remember that cryptocurrency markets can be highly volatile, and prices can change quickly within this 1-hour window.