MEXC exchange has launched Smart Candles, an AI-powered tool that analyzes price charts, joining a growing wave of platforms adopting AI to assist traders with market analysis.
Summary
- MEXC’s Smart Candles provides traders with AI-powered insights, including analysis of candlestick charts and news headlines.
- MEXC’s Smart Candles is a welcome addition to the growing range of AI-powered trading tools offered by crypto exchanges, including Bitget’s GetAgent, Binance’s AI Token Report, Bybit’s TradeGPT.
Crypto exchange MEXC has just unveiled Smart Candles, a new AI‑powered tool that analyzes candlestick charts, highlights key support and resistance levels, quantifies the impact of news, and even projects probabilities of future price movements.
MEXC’s launch of Smart Candle comes as part of a broader trend in crypto, where more and more trading platforms are introducing AI‑driven trading and analysis features. Earlier this year, Bitget launched its GetAgent AI tool, which performs multi-timeframe technical analysis, identifies key levels, and incorporates news events to suggest potential trading entries.
Binance also recently announced an AI trading feature of its own called the AI Token Report, which automatically aggregates market data, on-chain metrics, news, and sentiment to provide hourly, token-specific trading insights directly within the app or website.
Other AI trading tools by major exchanges include Bybit’s TradeGPT, an AI assistant/large‑language‑model system integrated into the exchange that can answer users’ questions and provide technical‑indicator analyses.
Meanwhile, Kraken said it will integrate Capitalise.ai’s natural-language trading automation into its Pro platform later this year. Once live, users will be able to design, backtest, and automate trades across both crypto and TradFi markets without writing code.
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