Bitcoin's 200-Day Average Is Approaching a Record High; Here's Why It Matters
Submitted by Anonymous (not verified) on Tue, 04/23/2024 - 14:30The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.
The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.
The 200-day simple moving average is one of the most widely tracked indicators of the long-term trend.
The price of Ethereum (ETH) is recovering and approaching the 21-day SMA while remaining below the moving average lines.<br />
Following Bitcoin's fall to new lows, the cryptocurrencies with the lowest performance have been hit the hardest.<br />
The price of Ripple (XRP) is currently trading below the moving average lines, although it is correcting upwards.
The following altcoins are the best-performing cryptocurrencies, even though their value is falling due to Bitcoin's recent decline.<br
The price of Binance Coin (BNB) is in a sideways trend after the end of the uptrend on March 13, 2024.<br />
Bitcoin (BTC) price has started a range-bound move after falling below the moving average lines.
The price of TRON (TRX) has fallen below the moving average but remains above the $0.10 support.<br />
The recovery of Cardano (ADA) after the previous decline is hindered as the price falls below the moving average lines and above th
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