Chart Notes｜$XRP ｜Daily close below MA200｜MA200 1.2792
Definition: The moving average’s own slope matters too: price moving above it while it’s still trending downward carries a different weight from price moving above it after it starts turning upward.
How to read it: The same moving average can have different value as a reference for different coins. The more liquid a coin is and the more people watching it, the clearer the fluctuations around its moving average tend to be.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
Just casual chat; this is not advice.
Definition: The moving average’s own slope matters too: price moving above it while it’s still trending downward carries a different weight from price moving above it after it starts turning upward.
How to read it: The same moving average can have different value as a reference for different coins. The more liquid a coin is and the more people watching it, the clearer the fluctuations around its moving average tend to be.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
Just casual chat; this is not advice.