What is Moving Average (MA) in Crypto Trading?

A moving average (MA) is a commonly used technical indicator in the analysis of financial markets, including the cryptocurrency market. It is a calculation that takes the average of the closing prices of a currency over a certain number of periods (e.g., days, weeks, months). The resulting line is then plotted on a chart to help identify trends and potentially buy or sell signals. Different moving averages (e.g., simple moving averages, exponential moving averages) can be used depending on the…