Which cryptocurrencies have shown a strong correlation with the 20 moving average?

3 answers

• Dec 28, 2021 · 3 years ago
  Certainly! When it comes to cryptocurrencies that have shown a strong correlation with the 20 moving average, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are among the top contenders. These cryptocurrencies have displayed a consistent tendency to follow the trends of the 20 moving average, making them popular choices for traders who rely on this indicator for their trading strategies. It's important to note that correlation can vary over time, so it's always a good idea to keep an eye on the latest market trends and indicators.
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• Dec 28, 2021 · 3 years ago
  Oh boy, let me tell you, there are quite a few cryptocurrencies that have shown a strong correlation with the 20 moving average. Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash are just a few examples. These cryptocurrencies have been known to closely track the movements of the 20 moving average, which can be quite useful for traders who use this indicator to make their trading decisions. But hey, don't take my word for it, do your own research and see which ones have been performing well lately!
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• Dec 28, 2021 · 3 years ago
  BYDFi has observed that Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) have shown a strong correlation with the 20 moving average. These cryptocurrencies have consistently followed the trends of the 20 moving average, making them popular choices among traders. However, it's important to note that correlation can change over time, so it's always a good idea to stay updated with the latest market trends and indicators.
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