📢 Meme desk report: $IRYS ’s daily chart moved above MA200 (0.02054), but the current price of 0.01832 has fallen back below the moving average. Up 40.6% over 24h.
Moving averages are naturally slow to react—about as fast as I am at making decisions.
A quick serious note: to confirm a move above or below, many people go by the daily closing price. It’s not uncommon for the price to cross during the day and then return to its previous side.
Several indicators confirming one another is more reliable than looking at just one, but even using more indicators can’t provide a definite answer.
#IRYS
Just my personal perspective; it may not be accurate. Please use your own judgment.
Moving averages are naturally slow to react—about as fast as I am at making decisions.
A quick serious note: to confirm a move above or below, many people go by the daily closing price. It’s not uncommon for the price to cross during the day and then return to its previous side.
Several indicators confirming one another is more reliable than looking at just one, but even using more indicators can’t provide a definite answer.
#IRYS
Just my personal perspective; it may not be accurate. Please use your own judgment.