56% of Altcoins Are Now Above the 200-Day MA.
The next sign of strengthening can be seen from the growing number of altcoins moving above the 200-day Moving Average (MA 200).
According to analyst Darkfost, previously around 80–85% of altcoins on Binance were trading below the MA 200 during the weakening phase that began in November.
Now the condition is starting to reverse. About 56% of altcoins have been trading above the MA 200, indicating that strengthening is beginning to occur across more assets.
#dyor #Altcoin 😊
The next sign of strengthening can be seen from the growing number of altcoins moving above the 200-day Moving Average (MA 200).
According to analyst Darkfost, previously around 80–85% of altcoins on Binance were trading below the MA 200 during the weakening phase that began in November.
Now the condition is starting to reverse. About 56% of altcoins have been trading above the MA 200, indicating that strengthening is beginning to occur across more assets.
#dyor #Altcoin 😊
