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 $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Gauge Crypto Trends
How to use Bollinger Bands to Gauge Crypto Trends
Cryptocurrency investments are always risky. However, they can end up being a very lucrative pursuit if they are well executed. Cryptocurrency volatility has led to the developing of more advanced trading strategies to tackle market volatility. Crypto trading involves speculating market price movements. However, many traders fail due to a lack of knowledge of what strategies to use to track price movements. The question of "what are the best strategies to use" points us to Bollinger bands. Bollinger bands are…
4 years ago