Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $1,070 trillion. Bitcoin is down by nearly 2% after intense seesawing this week. Ethereum increased by almost 2% over the past seven days. XRP lost more than 1% in value this week. Almost all altcoins are trading in the red, with a few exceptions. The DeFi sector decreased the total value of protocols (TVL)…
Moving Average
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…
Block Education
@BlockEducation
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