Top 10 best Crypto Charting Software Graphs to use this 2023

Cryptocurrency is increasingly changing the way we do business by decentralizing all transactions.

Besides, Cryptocurrencies, digital currencies, such as Bitcoin, have increased in value tremendously against the US dollar in the last decade. And this implies investing in Cryptocurrencies is one of the most profitable decisions you can make.

To know whether to go short or long when trading Cryptocurrency, you need charts that provide you with insights timely and quickly.

This blog will walk you through some of the best Crypto charts and Crypto charting software you can use to extract insights to guide your way into profitable trades.

Before diving into the top 10 best Crypto charting software and graphs: let’s define Cryptocurrency and its brief history in the global economy.

Table of Content:

1. What are Cryptocurrencies?
2. The Best Crypto Charting Software in 2022
3. Top 10 Crypto Charting Software Graphs
4. The Brief History of Cryptocurrency
5. Importance of Data Visualization in Cryptocurrencies

What are Cryptocurrencies?

Definition: These are currencies whose transactions are verified and records maintained by a decentralized system using blockchain technology.

You’ll agree when we say Cryptocurrency is a more secure alternative to physical currency, although it’s very volatile.

And for this, you have to keep an eye on trends related to it. In fact, 70% of the time, Cryptocurrencies are always really volatile with no identifiable trend for trading.

Don’t worry.

This blog post will walk you through how to visualize your Cryptocurrencies’ price action data to forecast bullish and bearish opportunities.

The Best Crypto Charting Software in 2022

There’re charts you can use to complement the Candle Charts in most trading software, especially if you’re on the hunt for in-depth insights into past price action.

We recommend you try ChartExpo to extract actionable insights to guide your way into profitable trades.

Why ChartExpo?

ChartExpo is one of the best Crypto charting software available for your specialized needs as a Crypto trader.

This easy-to-use tool comes as add-on for Google Sheets and add-in for Excel spreadsheets.

Wait! That’s not all.

The Crypto charting software comes loaded with over 50-plus advanced charts to ensure you never miss critical insights hidden in your data. ChartExpo is easy to use for anyone looking for a powerful way to extract insights from Cryptocurrencies’ price action data.

Now you know the best tool to create charts for Cryptocurrencies. Its time to learn the 10 best charts and graphs you can use to find bullish and bearish opportunities in the market.

Top 10 Crypto Charting Software Graphs

ChartExpo is loaded with the top 10 Crypto-based charts you should try to increase your winning chances in Cryptocurrency trading.

Do you want to see how ChartExpo works as best Crypto Charting Software?

Let’s dive in…

1. Comparison Bar Chart

Imagine you own a substantial amount of Litecoin. You want to compare the performance of this currency against its close peers in terms of transactions.

Remember, it’s the number of transactions that drive liquidity in Cryptocurrency markets.

In this scenario, we’ll use a Comparison Bar Chart. Let’s use the table below for our scenario.

Values used in this blog are estimated values for a particular year, purpose is to show the visualization. You can replace these values with actual current values and draw the same charts on your own.

To get started with the Crypto Charting Software, copy the table above into Google Sheets.

• Remember to follow the same steps as the other charts.

• To find Comparison Bar Chart, click the Comparison Analysis Charts tab, as shown above.

• Fill in your metrics and dimensions, as shown. In our example, the metric to fill in is the transactions. The dimensional variables to fill in are cryptocurrency and years.
• Complete visualizing data (above) using the Crypto Charting Software ChartExpo by clicking the Create Chart button.
• If you follow the steps (above), your final chart should look like this (below).

Insights

• In the last four financial years (2018, 2019, 2020, and 2021), the best performing Cryptocurrencies have been Dogecoin and Litecoin.
• Monero and Cardano have been the poor-performing currencies.

2. Progress Chart

Imagine you’re interested in knowing Bitcoin prices have grown over time.

Which chart would you use to get in-depth insights?

If your answer is a Progress Chart, you’re right. The progress chart is one of the best charts for Crypto trading.

You can use this chart, especially if you’re tracking two metrics at the same time. In our case, we’ll visualize two key metrics of interest (current price and price growth).

Let’s use the table below for our scenario.

To get started with the best Crypto charting software, follow the easy steps below:

• Open your Google Sheets desktop application.
• Open the worksheet and click the Add-ons menu button.
• Once the ChartExpo-Best Data Visualization Tool drop-down menu shows, click the Open button.
• Click the Create New Chart button.

• You’ll see 6 main categories of spreadsheet charts and graphs.

• Click the PPC Chart tab to access the Progress Chart.
• Remember ChartExpo comes loaded with 50-plus charts.

• Select the sheet holding your data.
• Fill in your metrics and dimensions. In our example, we have two metrics to fill, namely 2020 and 2021. The dimensional variable to fill in is
• Complete the task with our best Crypto Charting Tool (ChartExpo) by clicking the Create Chart button.

Insights

• The Binance is the fastest growing Cryptocurrency ($380)
• Solana price is the next best currency to watch (from $1.5 to 168$).
• Polkadot is the less profitable currency to track. It has a -$13 growth.

3. Sentiment Trend Chart

Imagine you want to know the general trend of the Bitcoin price. Which chart would you go for?

If your answer is the Sentiment Trend Chart, you’re right. Let’s use the tabular data for our scenario.

To use the best Crypto charting software, follow the easy steps below:

• Copy the table above into Google sheets
• Open your Google Sheets desktop application.
• Open the worksheet and click the Add-ons menu button.
• Once the ChartExpo-Best Data Visualization Tool drop-down menu shows, click the Open button.
• Click the Create New Chart button.

• You’ll see 6 main categories of spreadsheet charts and graphs.

• Click the Sentiment Analysis Charts tab to access the Sentiment Trend Chart.

• Select the sheet holding your data.
• Fill in your metrics and dimensions. In our example, the metrics to fill in is the 2020 & 2019. The dimensional variable to fill in is
• Complete the simple exercise using the Crypto Charting Software (ChartExpo) by clicking the Create Chart button.
• If you follow the super-easy steps (above), your final chart should look like this (below).

Insights

• In January 2019, the price was 3.82k but in January 2020 it is 8.70k which is huge boost in price.
• The Cryptocurrencies’ price in 2020 experienced upward trend in throughout the year.
• After August 2019, the price experienced a downwards trend.

4. Dual Axis Line Chart

Imagine you have major Ethereum market capitalization & price data for the past five financial years.

Essentially, you want to compare Ethereum market capitalization & price in each of the five financial years. In this scenario, we’ll use the Dual Axis Line Chart to extract critical insights. Why?

A Dual Axis Line Chart is best suited to visualize data for comparison insights. Let’s use the tabular data below for our example.

To get started with our Crypto Charting Software (ChartExpo), copy the table above into Google Sheets.

• Remember to follow the same steps as the other three charts.

• To find the Dual Axis Line chart, click the PPC Charts tab, as shown above.
• Remember, the best Crypto charting software to try this 2022 is

• Select the sheet holding your data.
• Fill in your metrics and dimensions. In our example, the metrics to fill in are Price & Market Cap. The dimensional variable to fill in is
• Complete the task using the Crypto Charting Software (ChartExpo) by clicking the Create Chart button.
• If you follow the steps (above), your final chart should look like this (below).

Insights

• In 2016, the price of Ethereum was $7.17 but they have almost $8B market capital which is huge.
• But in 2017, Ethereum price of $717.6 and had the lowest market capitalization.
• In 2018, there was a decline in Ethereum price and market capital as well.
• In 2019, Bitcoin market capitalization went through the roof before taking a nosedive in 2020.

5. Radar Chart

Imagine you have Bitcoin price data for the 2021 and 2022 financial years. You want to determine the profitability of the Bitcoin in question.

We’ll use a Radar Chart for our scenario.

To get started with our Crypto Charting Software (ChartExpo), copy the table above into Google Sheets.

• Remember to follow the same steps as the other four charts.

• To find the Radar chart, click the PPC Charts tab, as shown above.
• Remember the best Crypto charting software to try is the ChartExpo add-on for Google Sheets.

• Fill in your metrics and dimensions. In our example, the metric to fill in is price. The dimensional variables to fill in are years and months.
• Complete the task using our Crypto Charting Software (ChartExpo) by clicking the Create Chart button.

Insights

Bitcoin is incredibly profitable in the 2022 financial year compared to 2021.

6. Grouped Bar Chart

Imagine you want to know how the market share of various Cryptocurrencies (Bitcoin, Ether, Ripple, Litecoin, and Monero) has changed over 3 years (2018, 2019, and 2020).

Which chart would you go for?

If your answer is Grouped Bar Chart, you’re right. Let’s use the tabular data below.

• To get started with our Crypto Charting Software, copy the table above into Google Sheets.
• Remember, to follow the same steps as the other charts.

• To find Grouped Bar Chart, click the PPC Charts tab, as shown above.

• Fill in your metrics and dimensions. In our example, the metric to fill is Price. The dimensional variables to fill in are years and months.
• Finish the task above using the Crypto Charting Software (ChartExpo) by clicking the Create Chart button.

Insights

• Bitcoin has had the most significant market share in each of the financial years (2018,2019 and 2020)
• In 2016, Ethereum controlled a 16% market share, although it later declined in the subsequent years.
• Ripple and Litecoin have the smallest market share

7. Double Axis Line and Bar Chart

Imagine you want to compare Bitcoin prices and transactions across seven years. Which chart would you use?

Use Double Axis Line and Bar Chart to compare Bitcoin prices and transactions at same time.

Let’s use the tabular data below for our example.

To get started with the best Crypto charting software, follow the easy steps below:

• Open your Google Sheets desktop application.
• Open the worksheet and click the Add-ons menu button.
• Once the ChartExpo-Best Data Visualization Tool drop-down menu shows, click the Open button.
• Click the Create New Chart button.

• You’ll see 6 main categories of spreadsheet charts and graphs.

• Click the PPC Chart tab to access Double Axis Line and Bar Chart.

• Select the sheet holding your data, as shown.
• Fill in your metrics and dimensions. In our example, we only have two metrics, which is the price & transactions. The dimensional variable to fill in is
• Complete the task with our Crypto Charting Software (ChartExpo) by clicking the Create Chart button.
• If you follow the super-easy steps (above), your final chart should look like this (below).

Insights

• In 2013, the price & transactions of Bitcoin was $734 & 134786 respectively. But in the following year (2014), the price & transactions nose-dived to $309 & 174861 respectively.
• In 2015, the price surged again from $309 to $424.
• But in 2017, prices went through the roof by more than 10-fold (from $952 to $13.1k.)
• In 2018 the price & transactions fell again before gaining growth momentum in 2019.
• In 2020, Bitcoin price & transactions more than quadrupled (from $7k to $28k)

8. Donut Chart

Suppose you own multiple Cryptocurrencies. And, you’re interested in buying more. One of the indicators you can use is the size of the market share.

Assume you already have data for the potential currencies you want to invest in. Which chart would you go for?

Yes, guessed right. The go-to chart for this scenario is the Donut Chart. Let’s visualize the data below using this chart for insights.

• To get started with the Crypto Charting Software (ChartExpo), copy the table above into Google Sheets.
• Remember to follow the same steps as the other charts.

• To find Donut Chart, click the PPC Charts tab, as shown above.

• Fill in your metrics and dimensions, as shown. In our example, the metric to fill in is the market share. The dimensional variable to fill in is Cryptocurrency.
• Complete the task above using the Crypto Charting Software (ChartExpo) by clicking the Create Chart button.

Insights

Bitcoin commands a whopping 52% of the market share, followed by Binance. The Cryptocurrency with the smallest market share is Dogecoin.

9. Pareto Chart

Suppose you have market capital data of all major Cryptocurrencies. You want to identify the 20% of the currencies controlling 80% of the overall market share.

Which chart would you use for this scenario?

Yes, you guessed right. Pareto Diagram is the go-to chart for the task (above). Let’s use the hypothetical data below for our scenario.

• To visualize the data above using Crypto Charting Software (ChartExpo), copy the table into Google Sheets.
• Remember to follow the same steps as the other charts.

• To find Pareto Chart, click the PPC Charts tab, as shown above.

• Fill in your metrics and dimensions, as shown below. In our example, the metric to fill in is market capital. The dimensional variable to fill in is
• Finalize the task above using the Crypto Charting Software (ChartExpo) by clicking the Create Chart button.

Insights

Bitcoin and Ethereum form the top 20% of currencies controlling a whopping 80% of the total market capitalization.

10. Ordered Squares Chart

Imagine you want to know the number of people owning Cryptocurrencies in various countries of your interest.

Which visualization would you go for?

This is where the Ordered Squares Chart comes in. Yes, this chart provides high-level insights, irrespective of the complexity of your data.

Let’s visualize the data below using the Ordered Squares Chart.

• To visualize the data above using the Crypto Charting Software, copy the table above into Google Sheets.
• Remember to follow the same steps as the other charts.

• To find Ordered Squares Chart, click the General Analysis Charts tab, as shown above.

• Fill in your metrics and dimensions, as shown below. In our example, the metric to fill is the The dimensional variable to put is the countries.
• Complete visualizing data with our Crypto Charting Software by clicking the Create Chart button.

Insights

The US leads in the number of Cryptocurrency investors, followed by South Korea. On the other hand, Japan and France have the lowest number of investors in digital currencies.

The Brief History of Cryptocurrency

Do you remember the 2008 global economic crisis?

Between 2008 and 2009, the global economy experienced one of the worst recessions since the 1930s. Millions of people across the world lost their jobs. A host of high-profile companies, such as the Lehman Brothers, went bankrupt. Others, such as General Motors, received bailouts from the Federal government to survive the economic meltdown.

One of the factors that caused the whole world to experience recession was the centralization of the currencies.

This means inefficiencies by the Central Banks and miscalculations by major financial institutions resulted in a systematic collapse of the global economic system.

In 2009, Satoshi Nakamoto, a person whose identity is still secret, created the first Cryptocurrency, Bitcoin.

Many believe Nakamoto intended to create a new way of payment that could be used internationally, decentralized, and without control from financial institutions.

Essentially, he intended people like you and me to be spared in the next global recession.

Cryptocurrency is a type of payment that can be exchanged for goods and services online. A host of Crypto firms are increasingly coming up with tokens to attract investments and usage of their coins.

Cryptocurrencies operate on blockchain technology.

So what is blockchain?

Blockchain is a decentralized technology that manages and records transactions across many computers. The security of this technology is part of Cryptocurrencies’ allure.

Cryptocurrencies, such as Bitcoin, are becoming popular. Why?

These currencies provide you with an outlet to grow your wealth beyond the traditional barriers, such as national borders and government restrictions.

People who invested in Bitcoin early on have amassed substantial fortunes, and the concept of using these currencies is gaining traction.

In 2017, Cryptocurrency emerged as a significant player in the international economy, affecting every aspect of the financial world, including e-commerce businesses.

Importance of Data Visualization in Cryptocurrencies

The key to trading Cryptocurrencies is knowing when to buy/sell and when to exit a trade.

Yes, you read that right.

And for you to identify trading opportunities, you have to sift through past price action data to predict an opportunity or loss. Visualization is really crucial in analyzing price action data as it saves time.

How?

Charts and graphs (which we’ll discuss later) distill signals from noise faster than tables. So you can easily pick out potentially profitable trends using advanced charts in Crypto charting tools.

Keep reading to learn more about the best Crypto charting software you need to increase the number of your winning trades.

With the surge in Crypto data daily, making sense of the quintillion bytes of data is impossible without reliable Crypto charting software and tools. You need charts that are easy to interpret and insightful to forecast opportunities and risks when trading Cryptocurrencies.

It turns out there’re other advanced charts besides the typical Candle chart in the trading terminals that can paint you an accurate picture of whether to buy or sell your Cryptocurrencies at the right time.

Yes, there’re Crypto charting software graphs that are easy to interpret and provide you with in-depth insights into the price action.

FAQs:

Which is the best Crypto charting software to use?

We recommend you to try ChartExpo as your go-to Crypto charting software because it integrates seamlessly with Google Sheets and Excel as a third-party add-on.

Besides, it comes loaded with the top 10 Crypto charts, such as Bar, Progress, Pareto, and Ordered Squares Charts.

Why is Cryptocurrency useful to us?

Cryptocurrencies, such as Dogecoin and Bitcoin, are fast, digital, and secure, which means you can do business and move investments easily without restrictions.

These digital currencies are decentralized to protect investors from monopoly-driven inefficiencies, such as the 2008 recession brought by central banks.

What time frames do day traders use?

The day traders should focus most on intraday time frames, such as 4-hour, 2-hour, and 1-hour charts for accurate analysis of the Crypto markets.

On the other hand, long-term traders are recommended to use daily, weekly, and monthly time frames, especially if their goal is to get the macro view of the market.

Wrap-Up

Visualizing your Cryptocurrencies’ price action data does not have to be stressful or even consume your valuable time.

Besides, if you’ve outgrown the basic spread charts (offered by Google Sheets), try Crypto charting software, such as ChartExpo.

ChartExpo is a third-party add-on you can install in your Google Sheets to access advanced charts to visualize price action data.

Besides, this tool is incredibly easy to use, produces insightful and straightforward charts, and has 50-plus advanced charts.

Give ChartExpo a try this 2022 to increase your winning trades in the Cryptocurrencies market.