Can MANA sustain the daily surge amid a weak momentum?
Decentraland has gained 3% in the past day. Native MANA token remains key in the metaverse space. The token is experiencing a low buying pressure with the RSI at 38. Decentraland MANA/USD shows early recovery signs. In the past 24
Back to basics for Decentraland’s MANA as the momentum indicator turns bearish
Decentraland boomed in 2021, but this year has been relatively quiet The native token MANA is sliding after remaining robust The bear weakness is widespread after a hawkish Fed report Decentraland’s MANA/USD is slipping again. Bear signals suggest that the
XRP’s mini breakout faces bear pressure as bullish momentum fades
Ripple reported a 50% jump in XRP sales in the second quarter The token has pushed above a consolidation channel, but buyer power is weak Investors should watch price action at $0.37 Ripple XRP/USD has seen an unprecedented demand lately.
Momentum strategies with different moving averages
One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MAs). The basic premise is that if the price of an asset is above its moving average for a certain number of days, this is considered