News Formal

Dogecoin (DOGE) Reverses, But Golden Cross Occurs, Hinting at Massive Rally: Crypto Market Review, Dec. 2

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Thanks to $DOGE massive runs at the beginning of November, its next step might be a long-term reversal

According to various backtesting studies on assets with volatility similar to Doge's, the trend reversal signal was accurate more than 50% of the time, which technically makes it an effective technical analysis tool that may in fact be used in practical trading strategies.

As tradfi markets open on Monday, Ethereum's volatility should return to normal, along with the volume and liquidity of the asset. Hopefully, positive sentiment prevails among crypto investors, especially after Jerome Powell's dovish speech about the next rate hikes and the overall state of the U.S. economy.Despite the depression that covered the market at the beginning of the month thanks to the FTX implosion, the cryptocurrency industry seems to be doing much better now.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 295. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Dogecoin Surprises Crypto Investors: Crypto Market Review, Nov. 30$DOGE has been one of the most active digital assets on the market, and it's not stopping despite the lack of volume on the crypto market
Источник: Utoday_en - 🏆 295. / 63 Прочитайте больше »